secwatch.observer — SEC 8-K summary
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Issuer:     PAYCHEX INC (PAYX)
CIK:        0000723531
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0000950170-23-047262
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723531/000095017023047262/0000950170-23-047262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723531/000095017023047262/payx-20230908.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-047262

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