Paycom Software, Inc. 8-K

What Happened Paycom Software, Inc. announced on July 8, 2026 that its Board of Directors increased from six to eight members and appointed Craig E. Boelte (Class I) and William Kerber (Class III) as directors. Mr. Kerber was also named to the Board’s audit committee. The company furnished a press release on July 9, 2026 and filed the current report on Form 8-K on July 9, 2026.

Key Details

• Board change effective July 8, 2026: board size increased to eight directors.
• New directors: Craig E. Boelte (age 62) — former Paycom CFO (Feb 2006–Feb 2025); William Kerber (age 50) — former Paycom CIO (Jul 2007–Oct 2017) and current CEO of Human Mode, LLC.
• Committee assignment: Mr. Kerber appointed to the audit committee upon joining the Board.
• Compensation and disclosures: both will receive the company’s standard non-employee director compensation (as described in Paycom’s April 2, 2026 proxy). No arrangements or related-party transactions requiring Item 404 disclosure were reported.

Why It Matters Board additions change governance and oversight. Re-adding two executives with deep Paycom experience—one a long-time former CFO and the other an original employee and former CIO—could strengthen financial oversight and technical/product knowledge on the Board (notably with Kerber joining the audit committee). For investors, the move is a governance update to monitor (board composition, committee make-up, and director independence), but the filing does not announce any related-party transactions or changes to executive management or financial guidance.