{"id":812335,"date":"2025-02-12T16:26:34","date_gmt":"2025-02-12T21:26:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/paycom-promotes-bob-foster-to-chief-financial-officer\/"},"modified":"2025-02-12T16:26:34","modified_gmt":"2025-02-12T21:26:34","slug":"paycom-promotes-bob-foster-to-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/paycom-promotes-bob-foster-to-chief-financial-officer\/","title":{"rendered":"Paycom Promotes Bob Foster to Chief Financial Officer"},"content":{"rendered":"

<\/p>\n

Paycom Promotes Bob Foster to Chief Financial Officer<\/b><\/p>\n

Craig Boelte retires<\/i><\/p>\n

OKLAHOMA CITY–(BUSINESS WIRE<\/a>)–Paycom Software, Inc. (NYSE:PAYC) (\u201cPaycom\u201d)<\/a>, a leading provider of comprehensive, cloud-based human capital management software, announced today the promotion of Bob Foster to chief financial officer (CFO), effective Feb. 21, 2025. He succeeds Craig Boelte, who is retiring after leading Paycom\u2019s finance and accounting efforts for nearly 20 years.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250212524096\/en\/<\/a><\/p>\n

\"Paycom<\/p>\n

Paycom promotes Bob Foster to chief financial officer (Photo: Business Wire)<\/p>\n<\/div>\n

\n\u201cI am pleased with what Bob has accomplished in his time at Paycom, including advancing our growth strategy. His expertise in accounting, payroll and process automation helps us continue to deliver for our clients and stockholders,\u201d said Chad Richison, Paycom founder and CEO.<\/p>\n

\nFoster joined the company in 2022 to lead Paycom\u2019s growth strategy and later served as executive vice president of accounting and finance. As Paycom\u2019s CFO, Foster will lead all accounting and finance functions, focusing on long-term planning, investor relations and overarching financial strategies.<\/p>\n

\n\u201cI have seen the financial stewardship at Paycom and am grateful for the opportunity to continue to set the financial management standard Paycom has been known for over the years,\u201d Foster said. \u201cI am proud of the work we have done to propel the HCM industry forward and the strong ROI we have provided for our clients. I am eager to see our success continue.\u201d<\/p>\n

\nPrior to joining Paycom, Foster served eight years as CEO and chairman of a payroll company, significantly growing its revenue and expanding its offices. Prior to that, he served as a senior partner at Ernst & Young, managing several of the firm\u2019s largest accounts at the time.<\/p>\n

\nBoelte joined Paycom as CFO in 2006. He leaves Paycom with nearly 40 years of experience in accounting, human resources and workforce management. Boelte successfully led Paycom\u2019s transition from a small private company to an S&P 500 publicly traded company and has been instrumental in its financial success throughout the years.<\/p>\n

\n\u201cBeing part of the growth over the past two decades has been the highlight of my career. I am incredibly grateful for the hard work and dedication of our employees and leadership team, who were instrumental in helping us achieve strong financial results during my tenure,\u201d Boelte said.<\/p>\n

\nTo learn more about Paycom, visit www.paycom.com<\/a>.<\/p>\n

About Paycom<\/b><\/p>\n

\nFor over 25 years, Paycom Software, Inc. (NYSE: PAYC)<\/a> has simplified business and employees\u2019 lives through easy-to-use HR and payroll technology<\/a> to empower transparency through direct access to their data. From onboarding<\/a> and benefits enrollment<\/a> to talent management<\/a> and more, Paycom\u2019s employee-first technology leverages full-solution automation to streamline processes, drive efficiencies and give employees power over their own HR information, all in a single app. Paycom\u2019s single database combines all HR and payroll data in one place, providing a seamless and accurate experience without the errors and inefficiencies associated with integrating multiple systems. Recognized nationally for its technology and workplace culture, Paycom serves businesses of all sizes in the U.S. and internationally.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250212524096\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/b>
Larisha Hunter
\n
media@paycom.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Oklahoma<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Business Technology Human Resources Software Accounting<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Paycom promotes Bob Foster to chief financial officer (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Paycom Promotes Bob Foster to Chief Financial Officer Craig Boelte retires OKLAHOMA CITY–(BUSINESS WIRE)–Paycom Software, Inc. (NYSE:PAYC) (\u201cPaycom\u201d), a leading provider of comprehensive, cloud-based human capital management software, announced today the promotion of Bob Foster to chief financial officer (CFO), effective Feb. 21, 2025. He succeeds Craig Boelte, who is retiring after leading Paycom\u2019s finance and accounting efforts for nearly 20 years. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250212524096\/en\/ Paycom promotes Bob Foster to chief financial officer (Photo: Business Wire) \u201cI am pleased with what Bob has accomplished in his time at Paycom, including advancing our growth strategy. His expertise in accounting, payroll and process automation helps us continue to deliver for our clients and stockholders,\u201d … <\/p>\n

Continue reading “Paycom Promotes Bob Foster to Chief Financial Officer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-812335","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPaycom Promotes Bob Foster to Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/paycom-promotes-bob-foster-to-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paycom Promotes Bob Foster to Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Paycom Promotes Bob Foster to Chief Financial Officer Craig Boelte retires OKLAHOMA CITY–(BUSINESS WIRE)–Paycom Software, Inc. (NYSE:PAYC) (\u201cPaycom\u201d), a leading provider of comprehensive, cloud-based human capital management software, announced today the promotion of Bob Foster to chief financial officer (CFO), effective Feb. 21, 2025. He succeeds Craig Boelte, who is retiring after leading Paycom\u2019s finance and accounting efforts for nearly 20 years. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250212524096\/en\/ Paycom promotes Bob Foster to chief financial officer (Photo: Business Wire) \u201cI am pleased with what Bob has accomplished in his time at Paycom, including advancing our growth strategy. 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