Company: PAYC
Filing Date: 2025-08-18
Form Type: 8-K
Source: 0000950170-25-109719
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Company: Paycom Software, Inc.
Filing Date: 2025-08-18
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Executive Officer Transition

On August 13, 2025, Brad Smith notified the Board of Directors (the “Board”) of Paycom Software, Inc. (the “ Company” or “Paycom”) that he intends to resign from his role as Chief Information Officer, effective October 31, 2025 (the “ Transition Date”). Mr. Smith will transition to the role of Senior Technical Strategist.

New Executive Officer Designations

In connection with the announcement of Mr. Smith’s upcoming transition, the Board conducted a review of managerial and policymaking responsibilities across various functional areas within the Company. As a result of such review, on August 18, 2025, the Board approved certain title changes and designated the following individuals as the Company’s “officers” within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act”), and “executive officers” within the meaning of Rule 3b-7 under the Exchange Act:

  Name                    Title                                                  
  Chad Richison           Chief Executive Officer and President (1)              
  Bob Foster              Chief Financial Officer and Treasurer                  
  Amy Vickroy Walker      Chief Sales Officer                                    
  Randy Peck              Chief Operating Officer (2)                            
  Shane Hadlock           Chief Client Officer and Chief Technology Officer (2)  
  Rachael Gannon          Chief Automation Officer                               

(1)

Mr. Richison also serves as Chairman of the Board of Directors.

(2)

Effective as of August 18, 2025, Mr. Peck and Mr. Hadlock share the responsibilities of the role of principal operating officer of the Company.

In connection with the executive team reorganization described above, Jason Clark, who was previously designated as an executive officer in his role as the Company’s Chief Administrative Officer, remains employed with Paycom in a full-time capacity and continues to provide services to Paycom in support of the functional areas represented in the table above. The change in Mr. Clark’s designation was effective August 18, 2025.

Shane Hadlock, 50, works with groups across the Company, including operations, implementation and IT. Mr. Hadlock has more than 30 years of technology experience, including the last nearly 14 years at Paycom. Most recently, Mr. Hadlock has served as the Company’s Chief Client Officer since