---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-047262"
form_type: "8-K"
ticker: "PAYX"
cik: "0000723531"
company_name: "PAYCHEX INC"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:24:44.957889+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Paychex appoints Christopher Simmons as VP, Controller and Treasurer, effective Oct 13

## Summary
- Christopher Simmons (54) appointed Vice President, Controller and Treasurer, effective October 13, 2023.
- Succeeds Robert L. Schrader, who becomes Senior VP and CFO on the same date.
- Simmons has over 20 years experience; was VP and Treasurer at Paychex since August 2022.
- Base salary of $275,000; eligible for cash annual incentive at 60% of base salary.
- Receives equity awards (stock options, RSUs, PSUs) under the Amended and Restated 2002 Stock Incentive Plan.

## SEC filing metadata
- accession: 0000950170-23-047262
- form_type: 8-K
- ticker: PAYX
- cik: 0000723531
- company_name: PAYCHEX INC
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723531/000095017023047262/0000950170-23-047262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723531/000095017023047262/payx-20230908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-047262
- JSON: https://secwatch.observer/filing/0000950170-23-047262.json
- Plain text: https://secwatch.observer/filing/0000950170-23-047262.txt

## Key facts
- Executive change
  Robert L. Schrader was appointed as Senior Vice President and Chief Financial Officer at PAYCHEX INC.
  - Action: appointed
  - Role: Senior Vice President and Chief Financial Officer
  source text: Effective October 13, 2023, Mr. Simmons will report to Mr. Schrader, concurrent with the effective date of Mr. Schrader’s appointment to serve as the Company’s Senior Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723531/000095017023047262/0000950170-23-047262-index.htm
- Executive change
  Christopher Simmons was appointed as Vice President, Controller and Treasurer at PAYCHEX INC.
  - Action: appointed
  - Role: Vice President, Controller and Treasurer
  source text: On September 8, 2023, the Company appointed Christopher Simmons, age 54, to Vice President, Controller and Treasurer, effective October 13, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723531/000095017023047262/0000950170-23-047262-index.htm

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