PAYCHEX, INC.
PAYCHEX, INC. is a Delaware corporation with its principal executive offices at 911 Panorama Trail South, Rochester, New York. The company is registered with the Florida Department of State (Sunbiz) as a foreign profit corporation, document number 843396, filed 8 June 1979 and currently shown as active; that Florida record lists Delaware as the state of incorporation and FEI/EIN 16-1124166, consistent with PAYCHEX, INC.’s SEC filings.
The company is a human capital management (HCM) provider, offering payroll processing, human resources administration, employee benefits, retirement services and insurance solutions, delivered through payroll and professional employer organization (PEO) service lines. As of 31 May 2025, it served approximately 800,000 clients across the United States.
PAYCHEX, INC. common stock trades on the Nasdaq Global Select Market under the ticker symbol PAYX. For the fiscal year ended 31 May 2025, the company reported consolidated total revenue of approximately 5.6 billion US dollars, up roughly 6 percent year over year, and adjusted operating income of approximately 2.4 billion US dollars; it reported approximately 19,000 employees as of the same date.
On 14 April 2025, the company completed an all-cash acquisition of Paycor HCM, Inc., a Nasdaq-listed HCM provider, for 22.50 US dollars per share and approximately 4.1 billion US dollars of enterprise value, executed through an indirect wholly owned merger subsidiary. Paycor continues to operate as a standalone business unit within the PAYCHEX, INC. group, expanding the company’s upmarket HCM and AI-enabled technology capabilities.
Registration details
Officers
41
Directors and officers of PAYCHEX, INC.
Company records reference a large number of current and former officer appointments for PAYCHEX, INC., reflecting a mix of statutory officers and senior operating executives. Verified current appointments, cross-checked against PAYCHEX, INC.’s own executive disclosures, include Chad Parodi as Senior Vice President of HCM, PEO and Insurance; Frank Fiorille as Vice President of Risk, Compliance and Data Analytics; and Bradley Schaufenbuel as Vice President and Chief Information Security Officer. Two further recorded appointments are outdated: Stephanie L. Schaeffer is recorded as Vice President, Chief Legal and Ethics Officer and Corporate Secretary, a role since held by a successor, and B. Thomas Golisano is recorded as an active Founder and Director, although the company has confirmed his departure from the board. Nationality is not disclosed for any officer in the available records; the addresses shown are corporate correspondence addresses in the United States and should not be read as officers’ places of residence.
Recent officer changes
- Prabha Sipi Bhandari was appointed Chief Legal Officer, Chief Ethics Officer and Secretary of PAYCHEX, INC., effective May 2024, succeeding the previously recorded office holder (source: company announcement, May 2024).
- B. Thomas Golisano, founder and a director of PAYCHEX, INC. since 1979, stepped down from the board effective after the board’s July 2025 meeting (source: PAYCHEX, INC. SEC filing exhibit, May 2025).
Data availability
Partial and historical: officer information for PAYCHEX, INC. is compiled from Florida Secretary of State filings together with other sources and includes a substantial number of legacy entries; several roles reflect an earlier snapshot rather than the current management line-up, so this section should be read alongside PAYCHEX, INC.’s own investor-relations disclosures for the most current leadership. Nationality and country of residence are not published for any officer in the reviewed sources.
Sources
- Florida Department of State, Division of Corporations (Sunbiz), entity document number 843396, https://search.sunbiz.org/
- Paychex, Inc. executive leadership announcement, Prabha Sipi Bhandari appointment, May 2024
- Paychex, Inc. SEC filing exhibit, B. Thomas Golisano board departure, May 2025, https://investor.paychex.com/sec-filings/all-sec-filings/content/0000950103-25-006123/dp228939_ex9901.htm
Registry feed — rows exactly as filed with Florida Department of State — Sunbiz, including entries the profile above does not cover.
Group Structure
Group structure of PAYCHEX, INC.
PAYCHEX, INC. is a Nasdaq-listed parent company; no immediate or ultimate parent has been identified in any reviewed source, consistent with its status as a publicly traded, widely held corporation. Recorded corporate-linkage data lists a large number of US subsidiaries together with a small number of entities in Denmark, Germany, Canada and India, reflecting PAYCHEX, INC.’s history of acquisitions in payroll, PEO and human-capital-management services. Several of the larger recorded subsidiaries can be independently verified against company disclosures and reputable reporting, including its wholly owned online payroll subsidiary and its PEO and HCM acquisitions completed since 2011. Ownership percentages for most individual subsidiaries are not disclosed in public filings; PAYCHEX, INC. reports its group results on a consolidated basis rather than disclosing entity-by-entity ownership stakes.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| Surepayroll, Inc. | US | IL 3151821 | Direct subsidiary | 100% (wholly owned, per acquisition disclosure) | Active | Acquired 9 February 2011 |
| Oasis Outsourcing Holdings, Inc. | US | FL P97000003948 | Indirect subsidiary | Ownership percentage not disclosed | Active | Acquired 2018 |
| Paycor Hcm, Inc. | US | OH 7029836 | Direct subsidiary | 100% (all-cash acquisition of all outstanding shares) | Active | Acquired 14 April 2025 |
| Paycor, Inc. | US | OH 0271496 | Indirect subsidiary (via Paycor Hcm, Inc.) | Ownership percentage not disclosed | Active | Acquired 14 April 2025 |
Recent structural changes
- Acquisition: PAYCHEX, INC. completed the all-cash acquisition of Paycor HCM, Inc. on 14 April 2025 for 22.50 US dollars per share, approximately 4.1 billion US dollars of enterprise value, executed via an indirect wholly owned merger subsidiary; Paycor continues to operate as a standalone business unit.
- Acquisition: PAYCHEX, INC., through Oasis-related entities, completed the acquisition of Oasis Outsourcing Acquisition Corporation in 2018 for approximately 1.2 billion US dollars, expanding its PEO business.
Data availability
Partial: PAYCHEX, INC. discloses its subsidiaries in aggregate through SEC filings rather than publishing a complete, itemized ownership chart; individual state and foreign registrations for group entities are drawn from company records maintained across multiple jurisdictions and may not reflect subsequent internal reorganisations. The absence of a listed parent reflects the fact that PAYCHEX, INC. is directly, publicly traded rather than owned by an identified corporate parent.
Sources
- Paychex, Inc., Form 10-K for fiscal year ended 31 May 2025, https://www.sec.gov/Archives/edgar/data/723531/000095017025095300/payx-20250531.htm
- Paychex, Inc. press release, Paycor acquisition completion, 14 April 2025
- Paychex, Inc. press release, Oasis Outsourcing acquisition completion, 2018
- Paychex, Inc. SurePayroll acquisition completion release, 9 February 2011
Registry feed — rows exactly as filed with Florida Department of State — Sunbiz, including entries the profile above does not cover.
PAYCHEX, INC.
United States
Frequently asked questions
What does PAYCHEX, INC. do?
PAYCHEX, INC. is a Delaware corporation headquartered in Rochester, New York, providing payroll processing, human resources, employee benefits, insurance and PEO services to small and mid-sized businesses.
Who owns PAYCHEX, INC.?
Two shareholders are shown on record: Vanguard Group Inc holds approximately 19.27% and Schwab Strategic Trust – Schwab U.S. Dividend Equity ETF holds approximately 4.22%, both asset managers rather than direct beneficial owners.
Who is PAYCHEX, INC.'s UBO (Ultimate Beneficial Owner)?
No natural-person ultimate beneficial owner is identified; the disclosed shareholders are asset-management entities holding shares on behalf of funds and clients.
What is PAYCHEX, INC.'s company registration number?
PAYCHEX, INC.'s registration number is 843396, filed with Florida Department of State — Sunbiz in United States. Its current status on the register is active.
Is PAYCHEX, INC. still an active company?
PAYCHEX, INC.'s status on Florida Department of State — Sunbiz is listed as active.
When was PAYCHEX, INC. incorporated?
PAYCHEX, INC. was incorporated on 8 June 1979, according to Florida Department of State — Sunbiz.
What is PAYCHEX, INC.'s registered address?
The registered address on file for PAYCHEX, INC. is Rochester, United States.
What is PAYCHEX, INC.'s revenue?
PAYCHEX, INC. reported consolidated total revenue of approximately 5.6 billion US dollars for the fiscal year ended 31 May 2025, up about 6 percent year over year.
Is PAYCHEX, INC. listed on a stock exchange?
PAYCHEX, INC. common stock trades on the Nasdaq Global Select Market under the ticker PAYX.
Who are the officers/directors of PAYCHEX, INC.?
Verified current officers include Chad Parodi (SVP, HCM, PEO and Insurance), Frank Fiorille (VP, Risk, Compliance and Data Analytics) and Bradley Schaufenbuel (VP and CISO); the Chief Legal Officer role has since passed to Prabha Sipi Bhandari (May 2024) and founder B. Thomas Golisano stepped down from the board after the July 2025 meeting.
Does PAYCHEX, INC. have a parent company or subsidiaries?
PAYCHEX, INC. has no identified parent company and is a Nasdaq-listed public company; verified subsidiaries include SurePayroll, Inc., Oasis Outsourcing-related entities and Paycor HCM, Inc., acquired for approximately 4.1 billion US dollars in April 2025.
Can Zavia monitor changes to PAYCHEX, INC.'s ownership over time?
This profile reflects a point-in-time snapshot from Florida Department of State — Sunbiz. Zavia's monitoring API can track changes to PAYCHEX, INC.'s registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access PAYCHEX, INC.'s data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like PAYCHEX, INC.'s registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Florida Department of State — Sunbiz and was last synced on 9 September 2026.