Paycom promotes Amy Walker to EVP of Sales; former CSO Holly Faurot moves to consulting role

Paycom Software, Inc.

Amy Walker appointed EVP of Sales, effective April 1, 2024; salary $517,000, 4,000 target PSUs, $600,000 cash bonus.
Holly Faurot transitions to non-employee consultant for 12 months at $42,557/month; unvested equity awards canceled.
Faurot's canceled awards: 30,370 restricted stock, 5,902 RSUs, 10,782 PSUs; 3,000 time-based shares accelerated.
Walker, a ~14-year Paycom veteran, previously led outside sales since Nov 2023; will also oversee emerging markets and client relations.
Consulting agreement includes non-solicitation for 24 months post-termination and confidentiality provisions.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Amy Walker

Executive Vice President of Sales

PAYC · Paycom Software, Inc.

Effective: 2024-04-01
Filed: April 5, 2024, 7:59 PM ET

On April 1, 2024, the Board of Directors of Paycom Software, Inc. (the “ Company ”) appointed Amy Walker to serve as Executive Vice President of Sales.

Departed

Holly Faurot

Chief Sales Officer

PAYC · Paycom Software, Inc.

Effective: 2024-04-04
Filed: April 5, 2024, 7:59 PM ET

Holly Faurot, the Company’s former Chief Sales Officer, will transition to a non-employee consulting role.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Amy Walker was appointed as Executive Vice President of Sales at Paycom Software, Inc..

Action: appointed
Role: Executive Vice President of Sales

Exact text from the filing

On April 1, 2024, the Board of Directors of Paycom Software, Inc. (the “ Company ”) appointed Amy Walker to serve as Executive Vice President of Sales.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Holly Faurot changed role as Chief Sales Officer at Paycom Software, Inc..

Action: transitioned
Role: Chief Sales Officer

Exact text from the filing

Holly Faurot, the Company’s former Chief Sales Officer, will transition to a non-employee consulting role.

View on SEC.gov

Paycom Software, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-042257

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