Paycom reports Christopher Thomas resigned as co-CEO

As previously reported, Paycom announced that Randy Peck has been appointed to serve as Paycom’s COO. Separately, in a regulatory filing, Paycom disclosed that on May 29, for “personal reasons,” Christopher Thomas resigned from his position as Co-Chief Executive Officer of the company, effective immediately. Chad Richison will continue to lead the company as Chief Executive Officer, President and Chairman of the Board of Directors, the filing noted. In Friday morning trading, Paycom shares are down $7.39, or nearly 5%, to $151.56.