Boardroom Alpha
Meeting calendar
PAYX · Annual meeting · Thursday, October 9, 2025

Paychex Inc

10 nominees · 3 ballot items.

Paychex, Inc. is asking stockholders to vote on three matters: (1) election of ten director nominees for a one-year term; (2) advisory vote to approve named executive officer (NEO) compensation; and (3) ratification of PricewaterhouseCoopers LLP as the company’s independent registered public accounting firm for fiscal 2026.

Market cap
$36.8B
1Y TSR
-32.4%
Board grade
C
Record date
Aug 11, 2025
Filing
DEF 14A
Meeting concluded · Oct 9, 2025

Follow how the vote landed and what changed on Paychex Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of ten directors for a one-year term

    ManagementBoard: FOR

    Stockholders are being asked to elect ten director nominees for a one-year term.

  2. 2

    Advisory vote to approve named executive officer compensation

    ManagementBoard: FOR

    Stockholders are being asked to approve, on an advisory basis, the compensation of our named executive officers as described in the Compensation Discussion and Analysis and Named Executive Officer Compensation sections.

  3. 3

    Ratification of the selection of PricewaterhouseCoopers LLP to serve as our independent registered public accounting firm

    ManagementBoard: FOR

    Stockholders are being asked to ratify PwC as the Company’s independent accountants for fiscal 2026.

Director elections

Nominees on the ballot10

Not independent
Tenure on this board
16.5 yrs
Also a director at
Cintas Corp (CTAS)
Independent
Tenure on this board
15.7 yrs
Also a director at
Casella Waste Systems Inc (CWST)
Independent
Tenure on this board
8.3 yrs
Also a director at
Transunion (TRU)
Independent
Tenure on this board
26.5 yrs
Also a director at
Motorola Solutions Inc (MSI)
Independent
Tenure on this board
19.5 yrs
Also a director at
Cognizant Technology Solutions Corp (CTSH)
Ownership

Top institutional holders10

Latest 13F quarter
1Capital International Investors8.4%29,948,686$2.8B
2VANGUARD CAPITAL MANAGEMENT LLC5.9%20,965,270$1.9B
3VANGUARD PORTFOLIO MANAGEMENT LLC4.3%15,249,560$1.4B
4STATE STREET CORP3.9%14,049,628$1.3B
5BlackRock, Inc.3.5%12,507,800$1.2B
6CHARLES SCHWAB INVESTMENT MANAGEMENT INC2.6%9,375,253$864M
7GEODE CAPITAL MANAGEMENT, LLC2.6%9,242,055$857M
8BlackRock, Inc.1.8%6,591,515$607M
9Invesco Ltd.1.3%4,696,688$433M
10FEDERATED HERMES, INC.1.1%3,771,424$347M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Paychex Inc 2025 annual meeting?
Paychex Inc (PAYX) holds its 2025 annual shareholder meeting on Thursday, October 9, 2025.
What is the record date for the Paychex Inc 2025 meeting?
The record date for the Paychex Inc 2025 meeting is Monday, August 11, 2025. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Paychex Inc's 2025 meeting?
The board is presenting 10 director nominees at the Paychex Inc 2025 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Paychex Inc 2025 meeting?
Shareholders will vote on 3 proposals at the Paychex Inc 2025 meeting, each tagged with who proposed it and the board's recommendation.
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer