UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: May 4, 2011
(Date of earliest event reported)
PAYCHEX, INC.
(Exact name of registrant as specified in its charter)
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DELAWARE
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0-11330
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16-1124166 |
(State of or other jurisdiction
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(Commission
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(IRS Employer |
of incorporation)
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File Number)
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Identification Number) |
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911 PANORAMA TRAIL SOUTH, ROCHESTER, NEW YORK
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14625-2396 |
(Address of principal executive offices)
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(Zip Code) |
(585) 385-6666
(Registrants telephone number, including area code)
None
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
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ITEM 5.02 |
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. |
On May 4, 2011, Paychex, Inc. (Paychex or the Company) issued a press release announcing the
appointment of Efrain Rivera as Senior Vice President, Chief Financial Officer and Treasurer,
effective June 1, 2011. The Company also announced that John Morphy, who currently serves as
Senior Vice President, Chief Financial Officer, Secretary and Treasurer, will be appointed to serve
as Vice President of Finance effective June 1, 2011. Mr. Morphy will continue to perform the
functions of the Companys principal financial officer until July 31, 2011, following which Mr.
Rivera shall assume those responsibilities. Mr. Morphy has announced his intent to retire from the
Company, which is currently expected to occur in January, 2012. The press release is incorporated
by reference as Exhibit 99.1 to this Current Report on Form 8-K (Form 8-K).
Mr. Rivera, age 54, is a senior financial executive with more than 20 years of experience in
finance, accounting and business leadership positions, most recently as Vice President of Finance
and Administration for Houghton College since 2009. Mr. Rivera previously served as Corporate Vice
President and Chief Financial Officer for Bausch & Lomb from 2007 to 2009 and, prior to that, as
Corporate Vice President and Treasurer from 2004 to 2007. During his twenty years with Bausch &
Lomb, Mr. Rivera served in various leadership and financial management roles, including Corporate
Vice President and President, Canada and Latin America Division; and Vice President Finance and
Controller, Global Vision Care.
Mr. Rivera will participate in the same compensation and benefits arrangements available to other
senior executive officers of Paychex.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
The following exhibit relating to Item 5.02 of this Form 8-K is furnished herewith:
Exhibit 99.1 Press Release of Paychex, Inc. dated May 4, 2011.
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