---
schema_version: "secwatch.filing_event.v1"
accession: "0000937098-24-000023"
form_type: "8-K"
ticker: "TNET"
cik: "0000937098"
company_name: "TRINET GROUP, INC."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:53:47.716608+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TriNet appoints Michael Q. Simonds as CEO; Goldfield to retire after 15 years

## Summary
- Simonds named President & CEO effective Feb 16, 2024; also appointed to Class III director.
- Goldfield retires as CEO; will remain through April 1, 2024 then serve as consultant through March 2025 at $13,500/month.
- Simonds to receive $1M base salary, $3M sign-on bonus, 150% target bonus, $1.6M new-hire RSUs, $4.2M annual RSUs, $7.8M PSUs.
- Simonds joins from Unum Group where he was EVP & COO; has B.S. from Bowdoin, MBA from Harvard.

## SEC filing metadata
- accession: 0000937098-24-000023
- form_type: 8-K
- ticker: TNET
- cik: 0000937098
- company_name: TRINET GROUP, INC.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/937098/000093709824000023/0000937098-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/937098/000093709824000023/tnet-20240215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000937098-24-000023
- JSON: https://secwatch.observer/filing/0000937098-24-000023.json
- Plain text: https://secwatch.observer/filing/0000937098-24-000023.txt

## Key facts
- Executive change
  Burton M. Goldfield retired as Chief Executive Officer and President at TRINET GROUP, INC..
  - Action: retired
  - Role: Chief Executive Officer and President
  source text: Mr. Burton M. Goldfield will retire from his current position as Chief Executive Officer and President of the Company, effective as of immediately prior to the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/937098/000093709824000023/0000937098-24-000023-index.htm
- Executive change
  Michael Q. Simonds was appointed as Class III director at TRINET GROUP, INC..
  - Action: appointed
  - Role: Class III director
  source text: On February 12, 2024, the Board also appointed Mr. Simonds as a Class III director, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/937098/000093709824000023/0000937098-24-000023-index.htm
- Executive change
  Michael Q. Simonds was appointed as Chief Executive Officer and President at TRINET GROUP, INC..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: On February 12, 2024, the Board of Directors (the “Board”) of TriNet Group, Inc. (the “Company”) appointed Michael Q. Simonds as the Chief Executive Officer and President of the Company, effective February 16, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/937098/000093709824000023/0000937098-24-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.