By Katherine Hamilton
Paychex founder B. Thomas Golisano is stepping down from the board of directors.
The human capital management company said Friday Golisano would leave after the planned board meeting in July.
Golisano, 83, founded the company in 1971 and served as chief executive until retiring in 2004. He served as board chairman until 2021 and was succeeded by current Chief Executive Martin Mucci.
"It's been a great run of over 54 years," Golisano said.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 16, 2025 16:24 ET (20:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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