Paycom Software, Inc. (NYSE: PAYC) has announced the appointment of Craig Boelte and William Kerber to its board of directors, effective July 8, 2026. These additions increase the board size from six to eight members. The appointments bring significant industry expertise to the company as it continues to drive innovation in cloud-based human capital management software.
Craig Boelte’s Financial and Industry Tenure
Craig Boelte joins the board following his retirement as Paycom’s chief financial officer in 2025. He served in this capacity for nearly 20 years and was instrumental in the company’s transition to a public entity in 2014. During his tenure, Paycom’s revenue grew from $108 million in 2013 to nearly $2 billion in the year preceding his departure. Boelte previously founded an accounting firm for 11 years after nine years at Deloitte & Touche. He holds a bachelor’s degree in business administration and a master’s degree in accounting from Oklahoma State University.
William Kerber’s Technical and Operational Background
William Kerber, CEO of Human Mode, LLC, joins the board bringing deep technical experience. He was an original employee of Paycom, starting in 1999 as a software developer and network architect. Kerber was promoted to chief information officer in 2007 and held that role until 2017. Prior to his time at Paycom, he served on the University of Oklahoma School of Computer Science’s board of advisers. He holds a bachelor’s degree in computer science from the University of Oklahoma.
Paycom’s HCM Platform and AI Integration
Paycom provides cloud-based human capital management software for organizations across the U.S. and internationally. The platform is built on a single database, managing the entire employment life cycle through automation. The company utilizes its industry-first AI engine, IWant™, which provides instant access to accurate employee data. For over 25 years, Paycom has been recognized by third-party reviewers as a leading payroll and HCM solution.
Key Takeaways
- Craig Boelte served as Paycom’s chief financial officer for nearly 20 years, overseeing revenue growth from $108 million in 2013 to approaching $2 billion.
- William Kerber was an original Paycom employee, serving as a software developer and network architect before becoming chief information officer.
- The board expansion increases the total number of directors from six to eight, effective July 8, 2026.
FinanceInsyte's Take
In our view, the appointment of Boelte and Kerber signals a strategic focus on integrating deep financial governance with advanced technological insight. Boelte’s background in scaling a public company’s finances, combined with Kerber’s foundational knowledge of Paycom’s architecture, suggests a commitment to maintaining both fiscal discipline and technical leadership. This move reinforces Paycom’s position as a provider of comprehensive, automated HCM solutions, leveraging its established AI engine to support long-term growth objectives.
Source: Businesswire
