Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 12

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 12
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 leader who has provided agile leadership to help drive business success. His experience is a great benefit to the Board and its committees. |

| Joseph M. Tucci INDEPENDENT   Lead Independent Director   Director since 2000   Age: 78   Board Committees: •  Compensation & Leadership •  Executive •  Nominating and Governance |     | Career Highlights: •  Bridge Growth Partners, LLC (a private equity firm) •  Co-founder and Chairman of the Board of Directors, since 2013. •  EMC Corporation (“EMC”) (a provider of data-storage systems) •  Chairman of the Board of Directors, January 2006 – September 2016 •  Chief Executive Officer, January 2001 – September 2016 •  VMWare, Inc. (a cloud infrastructure company) •  Chairman of the Board of Directors, April 2007 – September 2016   Other Current Public Company Directorships: •  Motorola Solutions, Inc. (a public safety and enterprise security company), since May 2017   Former Public Company Directorships: •  GTY Technology Holdings, Inc. (a technology company), September 2016 – July 2022   Other Professional Experience and Community Involvement: •  Syniti, (an enterprise data management solutions company), Board Member, August 2017 – November 2024   Key Experience and Qualifications: The Board has concluded that Mr. Tucci is qualified to serve as a director of the Company due to his extensive executive leadership experience as CEO of EMC. Mr. Tucci has spent over 40 years in the technology industry in senior roles at large, complex, and global technology companies. His experience leading EMC through a period of dramatic revitalization, growth and market share gains, and new product introductions enables him to share knowledge of the challenges a company faces due to rapid changes in the marketplace. |

Paychex, Inc. 2025 Proxy Statement •10

| Election of Directors |

| Joseph M. Velli INDEPENDENT   Director since 2007   Age: 67   Board Committees: •  Compensation & Leadership •  Corporate Development Advisory (Chair) •  Executive •  Investment (Chair) |