Paycom Software Names New Chief Legal Officer
Ticker: PAYC · Form: 8-K · Filed: May 31, 2024 · CIK: 1590955
| Field | Detail |
|---|---|
| Company | Paycom Software, Inc. (PAYC) |
| Form Type | 8-K |
| Filed Date | May 31, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $511,228, $833,333, $812,876 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, legal, personnel
Related Tickers: PAYC
TL;DR
Paycom's CLO is out, new guy Chad Jorgenson steps in as of May 29th.
AI Summary
Paycom Software, Inc. announced on May 29, 2024, the departure of its Chief Legal Officer, Christopher J. Daniels. The company has appointed Chad E. Jorgenson as the new Chief Legal Officer, effective immediately. Jorgenson will also serve as the Corporate Secretary.
Why It Matters
A change in key executive leadership, especially the Chief Legal Officer, can signal shifts in corporate strategy or internal operations that may impact the company's legal and regulatory standing.
Risk Assessment
Risk Level: medium — Changes in executive leadership, particularly in legal roles, can introduce uncertainty regarding future legal strategies and compliance.
Key Players & Entities
- Paycom Software, Inc. (company) — Registrant
- Christopher J. Daniels (person) — Departing Chief Legal Officer
- Chad E. Jorgenson (person) — Appointed Chief Legal Officer
- May 29, 2024 (date) — Effective date of change
FAQ
Who is the new Chief Legal Officer at Paycom Software, Inc.?
Chad E. Jorgenson has been appointed as the new Chief Legal Officer.
When did the change in Chief Legal Officer become effective?
The change became effective on May 29, 2024.
Who previously held the position of Chief Legal Officer?
Christopher J. Daniels previously held the position of Chief Legal Officer.
What other role will Chad E. Jorgenson assume?
Chad E. Jorgenson will also serve as the Corporate Secretary.
What is the principal executive office address for Paycom Software, Inc.?
The address is 7501 W. Memorial Road, Oklahoma City, Oklahoma 73142.
Filing Stats: 1,323 words · 5 min read · ~4 pages · Grade level 12.7 · Accepted 2024-05-31 09:15:31
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value PAYC New York Stock Excha
- $511,228 — role, Mr. Peck's annual base salary is $511,228 and he is eligible to participate in th
- $833,333 — l to the number of units resulting from $833,333 divided by the closing price of the Com
- $812,876 — e (i) a cash severance payment equal to $812,876, less applicable withholdings and taxes
Filing Documents
- d733399d8k.htm (8-K) — 28KB
- 0001193125-24-151136.txt ( ) — 145KB
- payc-20240529.xsd (EX-101.SCH) — 3KB
- payc-20240529_lab.xml (EX-101.LAB) — 17KB
- payc-20240529_pre.xml (EX-101.PRE) — 11KB
- d733399d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PAYCOM SOFTWARE, INC. Date: May 31, 2024 By: /s/ Craig E. Boelte Name: Craig E. Boelte Title: Chief Financial Officer