Paychex, a leading provider of human capital management software solutions, announced that the company’s Board of Directors has voted to expand from 11 members to 12 members. Along with this expansion, the Board has appointed Theresa Payton as a new member, effective immediately.
Cybersecurity Expert Joins Paychex Board
Ms. Payton, the founder and CEO of Fortalice Solutions, is a well-respected technology expert with a strong background in cybersecurity. She has advised Fortune 150 Boards, C-Suite, and regulators on secured technology innovation and transformation efforts, having completed over 500 global engagements.
Prior Experience in Banking Technology and White House
Before starting her own firm, Ms. Payton held executive roles in banking technology for two of the country’s top financial institutions. She also served as CIO for the White House from 2006 to 2008.
Recognized for Business Acumen and Governance Insights
Paychex Chairman of the Board, Martin Mucci, praised Ms. Payton’s appointment, stating, “Her business acumen, intense focus on the needs of clients, and her ability to provide sound governance insights on digital and security risks will make her a strong addition to our Board of Directors.”
Experience on Federal Advisory Boards
In addition to her professional experience, Ms. Payton has served on the Federal Advisory Board of CyberArk, a publicly traded cybersecurity product company, and as a member of the Transformation Innovation Advisory Board of UniCredit S.p.A.
Education and Qualifications
Ms. Payton holds a B.A. degree in Economics and Business Administration from Immaculata University and an M.S. in Management Information Systems (MIS) from the University of Virginia.
The appointment of Theresa Payton to the Paychex Board of Directors brings a wealth of experience and expertise in cybersecurity, business acumen, and governance insights to the company. Her appointment is a positive step for Paychex as it looks to navigate the ever-evolving digital landscape.
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