New president at Paycom (NYSE: PAYC) as Shane Hadlock takes role

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Paycom Software, Inc. announced the appointment of Shane Hadlock as its new President and Chief Client Officer, effective immediately. He will serve as the sole principal operating officer, with his annual base salary increased to $700,000. Additionally, Paycom updated its bylaws to clarify the President’s role and revise the definition of “Principal Competitor.”

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