Paycom Co-CEO Christopher G. Thomas resigns; Randy Peck appointed COO

Paycom Software, Inc.

Christopher G. Thomas resigned as Co-CEO effective May 29, 2024, for personal reasons.
Chad Richison continues as CEO, President, and Chairman of the Board.
Randy Peck appointed COO; he has over 20 years at Paycom, most recently as Strategic Advisor.
Peck receives $511,228 base salary, target bonus 100% of base, and equity awards valued at ~$1.67M in RSUs/PSUs plus 37,500 restricted shares.
Thomas receives $812,876 cash severance and accelerated vesting of 2,000 shares; all other unvested equity forfeited.

item 5.02

Executive movements

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Departed

Christopher G. Thomas

Co-Chief Executive Officer

PAYC · Paycom Software, Inc.

Effective: 2024-05-29
Filed: May 31, 2024, 7:59 PM ET

On May 29, 2024, for personal reasons, Christopher G. Thomas resigned from his position as Co-Chief Executive Officer of the Company, effective immediately.

Appointed

Randy Peck

Chief Operating Officer

PAYC · Paycom Software, Inc.

Effective: 2024-05-30
Filed: May 31, 2024, 7:59 PM ET

On May 30, 2024, the Board of Directors of Paycom Software, Inc. (the “ Company ”) appointed Randy Peck to serve as Chief Operating Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher G. Thomas resigned as Co-Chief Executive Officer at Paycom Software, Inc..

Action: resigned
Role: Co-Chief Executive Officer

Exact text from the filing

On May 29, 2024, for personal reasons, Christopher G. Thomas resigned from his position as Co-Chief Executive Officer of the Company, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Randy Peck was appointed as Chief Operating Officer at Paycom Software, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On May 30, 2024, the Board of Directors of Paycom Software, Inc. (the “ Company ”) appointed Randy Peck to serve as Chief Operating Officer of the Company.

View on SEC.gov

Paycom Software, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-151136

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