Paycom Software Says On May 29, 2024, Christopher G. Thomas Resigned From His Position As Co-CEO For Personal Reasons, Effective Immediately. Chad Richison Will Continue To Lead The Co As CEO, President And Chairman Of The Board.
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Paycom Software announced that Christopher G. Thomas has resigned from his position as Co-CEO for personal reasons, effective immediately. Chad Richison will continue to lead the company as CEO, President, and Chairman of the Board.

May 31, 2024 | 1:22 pm
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Christopher G. Thomas has resigned as Co-CEO of Paycom Software, effective immediately. Chad Richison will continue to lead the company as CEO, President, and Chairman of the Board.
The resignation of a Co-CEO can create uncertainty, but since Chad Richison, who is already in a leadership role, will continue to lead the company, the impact on the stock price is likely to be neutral in the short term.
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IMPORTANCE 70
RELEVANCE 100