Paylocity Names New CFO, Sets Compensation
Ticker: PCTY · Form: 8-K · Filed: Oct 8, 2024 · CIK: 1591698
| Field | Detail |
|---|---|
| Company | Paylocity Holding Corp (PCTY) |
| Form Type | 8-K |
| Filed Date | Oct 8, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, compensation
TL;DR
Paylocity officially names Toby Williams as CFO, locking in his $350k salary.
AI Summary
On October 7, 2024, Paylocity Holding Corp. announced changes in its executive team. The company appointed Toby L. Williams as Chief Financial Officer, effective October 7, 2024. Williams previously served as the Interim Chief Financial Officer and will receive an annual base salary of $350,000, along with other compensation and equity awards.
Why It Matters
The appointment of a permanent Chief Financial Officer is a significant leadership change that can impact investor confidence and the company's financial strategy.
Risk Assessment
Risk Level: low — This filing reports on routine executive appointments and compensation, which typically carries low risk.
Key Numbers
- $350,000 — CFO Annual Base Salary (This is the base compensation for the newly appointed Chief Financial Officer.)
Key Players & Entities
- Paylocity Holding Corp. (company) — Registrant
- Toby L. Williams (person) — Appointed Chief Financial Officer
- $350,000 (dollar_amount) — Annual base salary for CFO
- October 7, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Paylocity Holding Corp.?
Toby L. Williams has been appointed as the new Chief Financial Officer.
When was Toby L. Williams' appointment as CFO effective?
The appointment was effective October 7, 2024.
What is Toby L. Williams' annual base salary as CFO?
His annual base salary is $350,000.
What was Toby L. Williams' previous role at Paylocity?
He previously served as the Interim Chief Financial Officer.
What other compensation is Toby L. Williams eligible for?
He is eligible for other compensation and equity awards in addition to his base salary.
Filing Stats: 499 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-10-08 16:05:22
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share PCTY The NASDAQ Global Select
Filing Documents
- pcty-20241007.htm (8-K) — 22KB
- 0001591698-24-000261.txt ( ) — 141KB
- pcty-20241007.xsd (EX-101.SCH) — 2KB
- pcty-20241007_lab.xml (EX-101.LAB) — 21KB
- pcty-20241007_pre.xml (EX-101.PRE) — 12KB
- pcty-20241007_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. PAYLOCITY HOLDING CORPORATION Date: October 8, 2024 By: /s/ Ryan Glenn Ryan Glenn Chief Financial Officer