Paycor Announces New Appointment to its Board of Directors

Rhea-AI Summary

Paycor HCM, Inc. (Nasdaq: PYCR) announced the appointment of Jeremy Rishel to its Board of Directors, effective immediately after the Annual Meeting of Stockholders on October 26, 2022. Rishel, currently the Chief Technology Officer at SoFi, has nearly 30 years of technology experience, particularly in cybersecurity. His background is expected to support Paycor's growth in the fintech and software-as-a-service sectors. Paycor’s platform focuses on human capital management, emphasizing integrated HR solutions and analytics, currently serving over 29,000 customers.

Positive

• Appointment of Jeremy Rishel brings nearly 30 years of technology and cybersecurity experience.
• Rishel's fintech and software expertise expected to support Paycor's growth.
• Paycor serves over 29,000 customers, indicating strong market presence.

Negative

• None.

CINCINNATI, Oct. 28, 2022 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced the appointment of Jeremy Rishel to its Board of Directors, effective immediately following the adjournment of the Annual Meeting of Stockholders on October 26, 2022. Mr. Rishel is currently the Chief Technology Officer at SoFi. In this role, Jeremy oversees SoFi’s technology strategy and architecture and serves as the Head of Engineering, Product, and Design. Jeremy brings nearly 30 years of experience in technology and engineering, including significant cybersecurity expertise. He holds bachelor’s degrees in computer science and philosophy from Massachusetts Institute of Technology (MIT) and an MBA from MIT’s Sloan School of Management. At this time, Mr. Rishel has not been appointed to serve on any Board committees.

“On behalf of Paycor and our Board of Directors, I am pleased to welcome Jeremy to the Board,” said Jason Wright, Chairman of the Board. “He has significant knowledge and experience in the fintech and software-as-a-service industries, as well as technical expertise in cybersecurity, all of which makes him an ideal director for Paycor during this time of tremendous growth.”

About Paycor

Paycor's human capital management (HCM) platform modernizes every aspect of people management, from recruiting, onboarding and payroll to career development and retention, but what really sets us apart is our focus on leaders. For more than 30 years we've been listening to and partnering with leaders, so we know what they need: a unified HR platform, easy integration with third party apps, powerful analytics, talent development tools, and configurable technology that supports specific industry needs. That's why more than 29,000 customers trust Paycor to help them solve problems and achieve their goals.

Investor Relations: 
Rachel White
513-954-7388 
IR@paycor.com

Media Relations: 
Carly Graman
513-954-7282 
PR@paycor.com

FAQ

What is the significance of Jeremy Rishel's appointment to the Paycor board?

Jeremy Rishel's extensive experience in technology and cybersecurity is expected to enhance Paycor's strategic direction during its growth phase.

When did Jeremy Rishel join the Paycor Board?

Jeremy Rishel joined the Paycor Board of Directors immediately after the Annual Meeting of Stockholders on October 26, 2022.

What experience does Jeremy Rishel bring to Paycor?

Rishel brings nearly 30 years of experience in technology, engineering, and significant expertise in cybersecurity from his role at SoFi.

How many customers does Paycor currently serve?

Paycor currently serves over 29,000 customers, reflecting a strong presence in the human capital management market.

What areas does Paycor's platform focus on?

Paycor's platform focuses on recruiting, onboarding, payroll, career development, and retention, designed to meet the needs of leaders in various industries.