Paycom Software Announces Executive Leadership Changes
Ticker: PAYC · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1590955
| Field | Detail |
|---|---|
| Company | Paycom Software, Inc. (PAYC) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, leadership
Related Tickers: PAYC
TL;DR
Paycom CEO Chad Richison is now Chairman, with new COO and CFO appointed effective Sept 16.
AI Summary
On September 16, 2024, Paycom Software, Inc. announced changes to its executive team. Chad Richison, the Chief Executive Officer, has been appointed as the new Chairman of the Board. Additionally, Craig Boelte has been appointed as the new Chief Operating Officer, and William "Will" Stovall has been appointed as the new Chief Financial Officer. These appointments are effective immediately.
Why It Matters
This filing indicates a significant shift in Paycom's executive leadership, with the CEO taking on a board role and new COO and CFO appointments, which could signal strategic changes or a new phase for the company.
Risk Assessment
Risk Level: medium — Changes in key executive positions can introduce uncertainty regarding future strategy and operational execution.
Key Players & Entities
- Paycom Software, Inc. (company) — Registrant
- Chad Richison (person) — CEO and new Chairman of the Board
- Craig Boelte (person) — New Chief Operating Officer
- William "Will" Stovall (person) — New Chief Financial Officer
- September 16, 2024 (date) — Effective date of appointments
FAQ
Who has been appointed as the new Chairman of the Board at Paycom Software, Inc.?
Chad Richison, the Chief Executive Officer, has been appointed as the new Chairman of the Board.
What is the effective date of the new executive appointments?
The appointments are effective as of September 16, 2024.
Who has been appointed as the new Chief Operating Officer?
Craig Boelte has been appointed as the new Chief Operating Officer.
Who is the new Chief Financial Officer of Paycom Software, Inc.?
William "Will" Stovall has been appointed as the new Chief Financial Officer.
What is the principal executive office address for Paycom Software, Inc.?
The principal executive office address is 7501 W. Memorial Road, Oklahoma City, Oklahoma 73142.
Filing Stats: 454 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-09-19 16:05:06
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value PAYC New York Stock Excha
Filing Documents
- payc-20240916.htm (8-K) — 38KB
- 0000950170-24-108086.txt ( ) — 152KB
- payc-20240916.xsd (EX-101.SCH) — 29KB
- payc-20240916_htm.xml (XML) — 4KB
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: September 19, 2024 By: /s/ Craig E. Boelte Name: Craig E. Boelte Title: Chief Financial Officer