Paylocity announces two executive promotions

SCHAUMBURG - Paylocity, a provider of cloud-based payroll and HR software solutions, announced the promotion of Toby Williams to president and Co-CEO, and Ryan Glenn to chief financial officer, effective immediately.

Steve Beauchamp, who joined Paylocity in 2007, will continue to serve as Co-CEO and a member of the board of directors.

As president and Co-CEO, Williams, who joined Paylocity in 2017 as CFO, will also join Paylocity's board.

"Toby is an extremely talented executive who has helped scale and grow our business over the last 4-plus years, and I'm very excited for him to join me as Co-CEO as we continue to focus on growing Paylocity by providing world-class service and industry-leading technology to our clients," Beauchamp said.

Glenn, who joined Paylocity in 2013, previously served as senior vice president of finance.

"We have a significant market opportunity in front of us, and we are making the right investments across the business while also maintaining an award-winning culture for our more than 4,500 employees," Williams said.

Additionally, Michael Haske, who joined Paylocity in 2007 as vice president of sales, will step down from his role on Sept. 1.

"Michael has been instrumental in Paylocity's growth over the past 15 years, having built world-class Sales, Marketing and Operations teams that are well positioned going forward. I thank Michael for all his contributions to the business and culture of Paylocity, and wish him all the best," said Beauchamp.