Paychex Inc Annual Shareholders Meeting Transcript

Oct 15, 2020 / 02:00PM GMT

Good morning. Welcome to the shareholders of Paychex, Inc. and guests. We will now begin the 2020 annual meeting of stockholders. We will start with a short video and then turn it over to Tom Golisano, Chairman of the Board of Paychex, Inc.


B. Thomas Golisano - Paychex, Inc. - Founder & Chairman

Good morning, ladies and gentlemen, and welcome to the 2020 annual meeting of stockholders for Paychex, Inc. I am Tom Golisano, Chairman of the Board of Paychex, and it's my pleasure to welcome you all today. We are hosting our meeting virtually, which allows us to observe safety protocols and to reach a greater number of our shareholders. We have shareholders and guests attending via the web portal. As it is our custom, we will conduct the business portion of our meeting first, answer questions at the end of the presentations from our President and CEO and CFO. Though we may not be able to answer every question, we will provide a response to as many as possible in the time allowed.

In keeping with the digital approach to this year's

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