BThomas Golisano - Paychex Chairman of the Board

PAYX Stock  USD 146.27  0.56  0.38%   

Chairman

Mr. B. Thomas Golisano is NonIndependent Chairman of the Board of the Company. Mr. Golisano founded Paychex in 1971 and is Chairman of the Board of the Company. He served as President and Chief Executive Officer of the Company until October 2004. He serves on the board of trustees of the Rochester Institute of Technology. Mr. Golisano serves on the board of Twinlab Consolidated Holdings, Inc. and serves as a director of numerous nonprofit organizations and private companies. He is founder and member of the board of trustees of the B. Thomas Golisano Foundation. The Board has concluded that Mr. Golisano is qualified to lead the Board due to his relevant executive leadership experience and extensive knowledge of the operations of the Company. These skills were attained through his role of founder and former CEO of Paychex. since 2015.
Age 82
Tenure 9 years
Address 911 Panorama Trail South, Rochester, NY, United States, 14625-2396
Phone585 385 6666
Webhttps://www.paychex.com

Paychex Management Efficiency

The company has return on total asset (ROA) of 0.1203 % which means that it generated a profit of $0.1203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4567 %, meaning that it created $0.4567 on every $100 dollars invested by stockholders. Paychex's management efficiency ratios could be used to measure how well Paychex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2024. Return On Capital Employed is likely to drop to 0.33 in 2024. At this time, Paychex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 3.3 B in 2024, whereas Intangible Assets are likely to drop slightly above 174.1 M in 2024.
Paychex currently holds 885.5 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Paychex has a current ratio of 1.26, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Paychex's use of debt, we should always consider it together with its cash and equity.

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Paychex, Inc. provides integrated human capital management solutions for human resources , payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. The company was founded in 1971 and is headquartered in Rochester, New York. Paychex operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 16000 people. Paychex (PAYX) is traded on NASDAQ Exchange in USA. It is located in 911 Panorama Trail South, Rochester, NY, United States, 14625-2396 and employs 16,000 people. Paychex is listed under Human Resource & Employment Services category by Fama And French industry classification.

Management Performance

Paychex Leadership Team

Elected by the shareholders, the Paychex's board of directors comprises two types of representatives: Paychex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paychex. The board's role is to monitor Paychex's management team and ensure that shareholders' interests are well served. Paychex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paychex's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Gibson, Sr. VP of Service
Dave Wilson, Vice Services
Chad Parodi, Managing Services
Christopher DeSalvo, VP Operations
BThomas Golisano, Chairman of the Board
Frank Fiorille, Compliance Risk
Christopher Simmons, Controller, VP
Neal Collins, VP Acquisitions
Elizabeth Roaldsen, Senior Experience
Thomas Hammond, Partnership Strategy
Michael Gioja, Sr. VP of Information Technology, Product Management and Devel.
Mark Bottini, Sr. VP of Sales
LLM JD, VP Officer
Maureen Lally, Vice Marketing
Stephanie Schaeffer, Corporate Secretary
Terri Allen, Investor Relations
Prabha Bhandari, Chief VP
Jason Rose, Senior Marketing
MBA DM, VP CFO
Beaumont Vance, Analytics Data
Robert Schrader, Vice President Controller
Mason Argiropoulos, Chief Officer

Paychex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paychex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.