Paychex in expansion mode: Theresa M. Payton appointed new member

Paychex, Inc., a provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services; has expanded the members of the company’s Board of Directors from 11 to 12.

The Board has appointed Theresa M. Payton, founder and CEO of Fortalice Solutions, to fill the new position.  Her appointment to the Paychex Board of Directors is effective immediately.

Before overseeing IT operations as CIO for the White House from 2006 to 2008, she held executive roles in banking technology for two of the country’s top financial institutions.

“As a respected technology expert, successful entrepreneur, and CEO, Theresa Payton is a rare combination of highly sought-after skills,” said Paychex Chairman of the Board, Martin Mucci. “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.”

In addition to her professional experience, she 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., the largest pan-European bank headquartered in Milan.

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.