Recent Updates — PAYX
At its October 15, 2026 annual meeting, Paychex shareholders voted on four proposals. Ten director nominees were elected to one-year terms. The advisory vote on executive compensation passed with strong support. Shareholders ratified PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2027. A stockholder proposal seeking an attainable right to call a special meeting was rejected, receiving approximately 142.9 million votes in favor against approximately 146.5 million opposed. Paychex provides payroll, human resources, and benefits administration services.
Paychex reported first-quarter fiscal 2027 results for the period ended August 31, 2026. Total revenue increased 6% to $1,630.5 million, driven by a 4% rise in Management Solutions revenue and a 12% increase in PEO and Insurance Solutions revenue. Operating income grew 14% to $619.2 million, while diluted earnings per share rose 14% to $1.21. The company paid dividends of $1.19 per share during the quarter. Paychex operates in the human resources, payroll, and benefits services industry.
Kara Wilson notified the Board of Directors of her decision not to stand for re-election at the 2026 annual meeting of stockholders. This decision will reduce the Board's size from 11 to 10 directors effective upon the expiration of her term. Paychex, Inc. provides payroll and human resources services to small and medium-sized businesses.
On June 24, 2026, Paychex, Inc. issued a press release reporting its financial results for the three and twelve months ended May 31, 2026. The company operates in the human capital management industry, providing payroll and HR services.