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AI brief of an SEC Form 8-K · Paycom (PAYC)

Paycom names Bob Foster CFO effective Feb. 21, succeeding retiring Craig Boelte

Neutral Impact 4 of 5 leadership Written later

Paycom Software said its board appointed Bob Foster as chief financial officer, effective Feb. 21, 2025, when Craig Boelte retires. Boelte had told the board on July 31, 2024 that he intended to retire within nine to 12 months. The change moves the finance leadership role to an executive who has served as the company's executive vice president of accounting and finance since October 2024.

Key points

  • Bob Foster, 63, takes the CFO role effective Feb. 21, 2025, succeeding Craig Boelte, who retires that day.
  • Foster has been executive vice president of accounting and finance since October 2024 and joined the company in November 2022.
  • Foster previously led payroll company iiPay, including as chief executive officer from 2016 to October 2022, and was a senior partner at Ernst & Young.
  • Foster's annual base salary in the new role is $545,000, and he is eligible for the Annual Incentive Plan and equity awards.

The filing

CompanyPaycom (PAYC)
Form8-K, current report
Filed with the SECFeb 12, 2025, 4:07 PM ET
Accession number0000950170-25-018834

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.