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Paycom Appoints Holly Faurot to Chief Sales Officer and Names Jeff York Leadership Strategist

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Paycom Software, Inc. (NYSE: PAYC) has appointed Holly Faurot as chief sales officer (CSO), effective April 2, 2021, succeeding Jeff York, who transitions to leadership strategist. Faurot, with 14 years at Paycom, has a proven sales track record and will oversee all sales efforts. CEO Chad Richison expressed confidence in Faurot's leadership abilities. York, with nearly 20 years at Paycom, will focus on developing future leaders. The leadership change aims to sustain sales momentum and improve client relations.

Positive
  • Holly Faurot has a strong track record in sales and client relations, potentially driving further growth.
  • Leadership continuity with Jeff York remaining involved in a strategic role ensures stability.
Negative
  • None.

Paycom Software, Inc. (“Paycom” or the “Company”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced the appointment of Holly Faurot to chief sales officer (“CSO”), effective April 2, 2021. She succeeds Jeff York, who has been named the Company’s leadership strategist and will continue reporting to chief executive officer Chad Richison.

Paycom’s Chief Sales Officer, Holly Faurot (Photo: Business Wire)

Paycom’s Chief Sales Officer, Holly Faurot (Photo: Business Wire)

As CSO, Faurot, Paycom’s former senior executive vice president of sales and client relations, will oversee all of Paycom’s sales efforts, while York will continue to assist the business as the Company’s leadership strategist.

“I am excited to see Holly take on the CSO role as she’s displayed a strong history of leadership and has been instrumental in driving growth,” said Richison, Paycom’s founder and CEO. “Holly and Jeff have been integral to our organization’s success and I am confident in Holly’s ability to continue to drive sales.”

During her 14-year career with Paycom, Faurot has served as a top sales representative, top sales manager and top regional sales manager, earning many of the Company’s highest ranking sales awards along the way. In 2016, she was asked to further expand Paycom’s client relations department, which presents additional products to clients and focuses on increasing employee usage.

“I am incredibly grateful to have been with Paycom for over 14 years and am eager to continue our sales momentum,” Faurot said. “We are changing the way businesses utilize their human capital management technology by getting HR out of the middle of the data transfer process and providing a real-time estimated ROI from employee usage of our software.”

York has been with Paycom for nearly 20 years. With more than three decades of sales and leadership experience, he has hired and developed many accomplished executives. Under his leadership, York’s sales force was named one of the 50 Best Companies to Sell For in the U.S.

“Being able to serve this organization from the CSO role has been a tremendous honor and I am even more excited about taking on this strategic role for the Company,” York said. “My passion in life is developing others and this affords me the opportunity to share over 30 years of experience to help shape future leaders across our organization.”

FAQ

What is the significance of Holly Faurot's appointment as CSO for Paycom?

Holly Faurot's appointment as CSO is significant as she brings over 14 years of experience at Paycom, demonstrating a strong sales record that may enhance the company's growth.

How does Jeff York's new role impact Paycom's strategic direction?

Jeff York's transition to leadership strategist allows him to leverage his extensive experience to develop future leaders, maintaining strategic continuity within Paycom.

When did Holly Faurot officially take over as Paycom's CSO?

Holly Faurot officially took over as Paycom's chief sales officer on April 2, 2021.

What was Holly Faurot's role before becoming CSO?

Before becoming CSO, Holly Faurot served as the senior executive vice president of sales and client relations at Paycom.

What are the expected outcomes of the leadership changes at Paycom?

The expected outcomes of the leadership changes are continued sales momentum and improved client engagement through experienced leadership.

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