Paychex founder B. Thomas Golisano to step down from board after July 2025 meeting

PAYCHEX INC

Founder B. Thomas Golisano, 83, notified Paychex board he will step down effective after the July 2025 board meeting.
Golisano founded the company in 1971, retired as CEO in 2004, and served as Chairman until 2021.
No disagreement with company operations, policies, or practices cited for his departure.
Chairman Martin Mucci and CEO John Gibson expressed gratitude; Golisano will continue as director through July meeting.

item 5.02 item 9.01

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Departed

B. Thomas Golisano

Director

PAYX · PAYCHEX INC

Filed: May 16, 2025, 7:59 PM ET

On May 15, 2025, B. Thomas Golisano notified the Board of Directors (the "Board") of Paychex, Inc. (the "Company") of his decision to step down from the Board, effective after the Company’s July, 2025 Board meeting.

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Executive change SEC 8-K Item 5.02 confidence 1.0

B. Thomas Golisano departed as Director at PAYCHEX INC.

Action: step down
Role: Director

Exact text from the filing

On May 15, 2025, B. Thomas Golisano notified the Board of Directors (the "Board") of Paychex, Inc. (the "Company") of his decision to step down from the Board, effective after the Company’s July, 2025 Board meeting.

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Source: SEC EDGAR

accession 0000950103-25-006123

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