---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-151136"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:10:08.688972+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-151136
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000119312524151136/0001193125-24-151136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000119312524151136/d733399d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-151136
- JSON: https://secwatch.observer/filing/0001193125-24-151136.json
- Plain text: https://secwatch.observer/filing/0001193125-24-151136.txt

## Key facts
- Executive change
  Christopher G. Thomas resigned as Co-Chief Executive Officer at Paycom Software, Inc..
  - Action: resigned
  - Role: Co-Chief Executive Officer
  source text: On May 29, 2024, for personal reasons, Christopher G. Thomas resigned from his position as Co-Chief Executive Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312524151136/0001193125-24-151136-index.htm
- Executive change
  Randy Peck was appointed as Chief Operating Officer at Paycom Software, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312524151136/0001193125-24-151136-index.htm

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