Paychex 2011 Annual Report Download - page 80

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The Report on Management’s Assessment of Internal Control Over Financial Reporting and the Report of
Independent Registered Public Accounting Firm are incorporated herein by reference from Part II, Item 8 of this
Form 10-K.
Item 9B. Other Information
None.
PART III
Item 10. Directors, Executive Officers and Corporate Governance
The following table shows the executive officers of the Company as of May 31, 2011, and information
regarding their positions and business experience. Such executive officers hold principal policy-making powers at
the Company.
Name Age Position and business experience
Martin Mucci ......... 51 Mr. Mucci has served as President and Chief Executive Officer of the
Company since September 2010. Mr. Mucci joined the Company in 2002
as Senior Vice President, Operations. Prior to joining Paychex, he held senior
level positions with Frontier Telephone of Rochester, a telecommunications
company, during his 20-year career. Mr. Mucci is a director of Cbeyond, Inc.
He also serves as a director of the Company and is chairman of the Executive
Committee.
John M. Morphy ....... 63 Mr.Morphy joined the Company in October 1995 and was named Senior Vice
President in October 2002. He was named Chief Financial Officer and
Secretary in October 1996. Prior to joining the Company, he served as
Chief Financial Officer and in other senior management capacities for over
ten years at Goulds Pumps, Incorporated, a pump manufacturer.
Jennifer Vossler ........ 48 Ms. Vossler joined the Company in May 2009 as Vice President and
Controller. Prior to joining the Company, she served as Vice President and
Corporate Controller, and held various executive and senior management
positions during her eleven years at Bausch & Lomb Incorporated, a world
leader in the development, manufacture, and marketing of eye health products.
Previously in her career, she held leadership roles with a global facilities
management outsourcing company and a public accounting firm.
Laurie L. Zaucha ....... 46 Ms.Zaucha joined the Company in March 2011 and was named Vice President
of Human Resources and Organizational Development. Prior to joining the
Company, she served as Senior Vice President of Human Resources for Paetec
Holding Corp., a Fortune 1000 telecommunications company, from 2007 to
2011. From 2003 to 2007, she worked for Bausch & Lomb Incorporated, first
as Vice President of Human Resources for the U.S., Canada, and Latin
America, and then as Vice President of Global Compensation and Benefits.
On May 4, 2011, the Company announced the appointment of Efrain Rivera as Senior Vice President, Chief
Financial Officer and Treasurer, effective June 1, 2011. Mr. Morphy, who previously held that position, was
appointed to serve as Vice President of Finance effective June 1, 2011 and will continue to perform the functions of
the Company’s principal financial officer until July 31, 2011, following which Mr. Rivera will assume those
responsibilities. Mr. Morphy has announced his intent to retire from the Company, which is expected to occur in
January 2012.
The additional information required by this item is set forth in the Company’s Definitive Proxy Statement for
its 2011 Annual Meeting of Stockholders, anticipated to be held on October 11, 2011, in the sections “PRO-
POSAL 1 — ELECTION OF DIRECTORS FOR A ONE-YEAR TERM,” “CORPORATE GOVERNANCE,”
64