Paycom Software Expands Board with Strategic Appointments

On July 8, 2026, Paycom Software, Inc. (NYSE: PAYC), a prominent player in the cloud-based human capital management software sector, announced the appointment of Craig Boelte and William Kerber to its board of directors. This strategic move increases the size of the board from six to eight members, signaling Paycom's commitment to enhancing its governance and leadership amidst ongoing growth and innovation.

Craig Boelte, who previously served as Paycom’s chief financial officer for nearly two decades, has been a pivotal figure in the company’s evolution. Under his financial stewardship, Paycom transitioned to a public company in 2014 and experienced explosive revenue growth—from $108 million in 2013 to nearly $2 billion prior to his retirement in 2025.

After stepping down from his CFO role, Boelte has focused on managing his family office and its investment portfolio while serving on the board of Kirkpatrick Bank. His extensive experience, which spans nearly 40 years in workforce management and HR, brings invaluable insights to Paycom's board.

“I’m honored to rejoin Paycom in this new capacity and continue serving a company that has been such a meaningful part of my career,” Boelte expressed in a statement. He is poised to leverage his deep understanding of the company to further its mission of simplifying business and empowering employees through technology.

William Kerber, another key addition to Paycom’s board, is the chief executive officer of Human Mode, LLC, a company specializing in robotics. Kerber's connection to Paycom dates back to 1999 when he was one of the original employees, contributing significantly as a software developer and network architect before becoming the chief information officer in 2007.

With his extensive background in technology and innovation, Kerber brings a fresh perspective to the board. “Paycom has long set the standard for innovation in HR and payroll technology, and I’m honored to join the board of directors at such an exciting time,” he stated. His focus on automation and delivering exceptional value for clients aligns well with Paycom’s strategic goals for long-term growth.

Chad Richison, Paycom's founder, CEO, and chairman, emphasized the importance of these appointments, stating, “Craig and William have each played an important role in Paycom’s success. Their deep knowledge of our business, industry expertise, and longstanding commitment to our mission will provide valuable insight as we continue to drive innovation and create long-term value for our clients, employees, and stockholders.”

Paycom Software, Inc. is a leading provider of cloud-based human capital management software that allows organizations to automate various HR and payroll tasks through employee-first technology. With a single database system, Paycom’s full-solution automation manages the entire employment lifecycle, enhancing process efficiency and data accuracy. The company has been recognized for over 25 years as a top provider in payroll and HCM solutions, further solidifying its reputation in the industry.

The appointment of Craig Boelte and William Kerber to Paycom's board of directors represents a significant strengthening of the company’s leadership team. Their combined experience and commitment to innovation will undoubtedly support Paycom's mission to lead the HR and payroll technology sector, ensuring continued growth and success in the years to come.