secwatch.observer — SEC 8-K summary
======================================

Issuer:     Paycom Software, Inc. (PAYC)
CIK:        0001590955
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000950170-25-018834
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paycom appoints Bob Foster as CFO effective Feb 21, 2025 upon Boelte retirement
-------------------------------------------------------------------------------

- Bob Foster, 63, succeeds retiring Craig Boelte who served as Paycom CFO for nearly 20 years.
- Foster previously served as EVP of Accounting and Finance since Oct 2024; joined Paycom in Nov 2022.
- Foster's annual base salary set at $545,000; eligible for annual incentive and equity awards.
- Boelte's retirement was previously disclosed in an Aug 1, 2024 8-K; this is a planned succession.
- Foster led a payroll company as CEO/chairman for 8 years and was a senior partner at Ernst & Young.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590955/000095017025018834/0000950170-25-018834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590955/000095017025018834/payc-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-018834

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer