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  5. Paychex, Inc.
  6. Company
    PAYX   US7043261079

PAYCHEX, INC.

(PAYX)
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Business Summary
Logo Paychex, Inc.
Paychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The Company also has operations in Germany. The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services. As of May 31, 2016, the Company serviced approximately 605,000 payroll clients. It offers a portfolio of HCM services and products that allows its clients to meet their payroll and HR needs. Its payroll-related ancillary services and human resource service (HRS) offerings often leverage the information gathered in the base payroll processing service, allowing it to provide outsourcing services covering the HCM spectrum. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement.

Number of employees : 15 000 people.
Sales per Business
20202021Delta
Management Solutions2 963.0073.3%3 023.4074.5% +2.04%
Professional Employer Organization and Insurance Solutions990.6024.5%974.1024% -1.67%
Interest on Funds Held for Clients86.902.2%59.301.5% -31.76%
USD in Million
Sales per region
20202021Delta
United States4 000.0999%4 016.2399% +0.4%
Europe40.411%40.571% +0.41%
USD in Million
Managers
Name Title Age Since
Martin Mucci Chairman & Chief Executive Officer 60 2021
John Bradley Gibson President & Chief Operating Officer 54 2021
Efrain Rivera Chief Financial Officer, Treasurer & Senior VP 63 2011
Michael Gioja SVP-Information Technology & Product Development 62 2011
Bradley Schaufenbuel Chief Information Security Officer & VP - -
Frank Fiorille VP-Risk, Compliance & Data Analytics - 2002
David J. S. Flaschen Independent Director 64 1999
Joseph Tucci Lead Independent Director 72 2013
Joseph Mark Velli Independent Director 62 2007
Joseph G. Doody Independent Director 67 2010
Members of the board
Name Title Age Since
Martin Mucci Chairman & Chief Executive Officer 60 2021
Blase Golisano Director 78 2021
David J. S. Flaschen Independent Director 64 1999
Joseph Tucci Lead Independent Director 72 2013
Joseph Mark Velli Independent Director 62 2007
Joseph G. Doody Independent Director 67 2010
Thomas F. Bonadio Independent Director 71 2017
Kara Wilson Independent Director 50 2017
Pamela Joseph Non-Executive Director 61 2018
Kevin A. Price Independent Director 60 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 360,600,000 321,790,303 89.2% 0 0.0% 89.2%
Shareholders
NameEquities%
Blase Golisano 37,839,474 10.5%
The Vanguard Group, Inc. 27,478,833 7.62%
Capital Research & Management Co. 27,268,028 7.56%
Capital Research & Management Co. (International Investors) 14,784,470 4.10%
SSgA Funds Management, Inc. 13,335,848 3.70%
BlackRock Fund Advisors 8,328,809 2.31%
Wells Fargo Clearing Services LLC 7,139,118 1.98%
Geode Capital Management LLC 6,863,934 1.90%
Viking Global Investors LP 5,837,000 1.62%
Montag & Caldwell LLC 5,570,307 1.54%
Markets and indexes
- Nasdaq Global Select Market
- Nasdaq 100 / S&P 500
Stock Exchange Codes
- Bloomberg Code :  PAYX:US
- Reuters Code :  PAYX.O
- Datastream Code :  @PAYX
Company contact information
Paychex, Inc.
911 Panorama Trail South
NY 14625 Rochester, New York

Phone : +1 585 385 6666
Fax :
web site : http://www.paychex.com
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