Paychex (NASDAQ:PAYX) announces retirement of key executive Stephanie Schaeffer
Paychex (NASDAQ:PAYX) has disclosed that Stephanie Schaeffer, Vice President, Chief Legal & Ethics Officer, and Secretary, plans to retire on August 2, 2024.
Schaeffer has committed to continue her duties until a suitable successor is appointed.
Following her retirement, she will transition to a senior advisory role within the company, maintaining her current base salary to ensure a smooth handover.
This upcoming retirement signifies a notable transition within Paychex's executive team, highlighting the evolving dynamics of the company's leadership structure.
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