Paylocity Holding Corp.
10/08/2024 | Press release | Distributed by Public on 10/08/2024 14:06
Management Change/Compensation Form 8 K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 7, 2024, Jeffrey T. Diehl, a member of the Board of Directors (the "Board") of Paylocity Holding Corporation (the "Company"), notified the Board of his decision not to stand for reelection at the Company's 2025 annual meeting of stockholders to be held on December 5, 2024. Mr. Diehl will continue to serve through the remainder of his current term. Mr. Diehl's decision was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Diehl, Managing Partner & Head of Investments of Adams Street Partners, LLC, joined the Board in connection with Adams Street's investment in the Company in 2008. The Company would like to thank Mr. Diehl for his 16 years of service on the Board.