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Paycom Announces Executive Leadership Changes and New Incentives

Paycom Announces Executive Leadership Changes and New Incentives

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Paycom (PAYC) has shared an update.

Amy Walker has been promoted to Executive Vice President of Sales at Paycom Software, Inc., drawing on her 14 years of experience within the company’s sales division. Alongside her new role, she’ll receive a base salary of $517,000 and is eligible for a substantial cash bonus, as well as performance-based restricted stock units that could vest at up to 125% based on 2024 revenue achievements. Concurrently, Holly Faurot, the former Chief Sales Officer, transitions to a consulting role with a 12-month term, earning monthly fees and subject to non-solicitation clauses. This strategic shift in leadership, designed to boost Paycom’s sales trajectory, has been officially announced through a press release.

For a thorough assessment of PAYC stock, go to TipRanks’ Stock Analysis page.

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