Paychex Appoints New Vice President of Payroll Sales

Gregory Peel assumes leadership of Core Payroll in Western United States

ROCHESTER, N.Y.--(BUSINESS WIRE)--

Paychex, Inc. today announced the promotion of a veteran senior manager in its sales organization. Gregory S. Peel has been named vice president of sales for Core payroll in the Western United States.

Peel has held several sales management positions during his 14-year tenure with Paychex. Most recently he served as regional sales manager for the Dallas, Texas area. Additionally, the Paychex Board of Directors has named Peel a new officer of the company.

"Greg has demonstrated a winning track record in every position he's held at Paychex, and I'm pleased to recognize his contributions to the company with this leadership role," said Walter Turek, Paychex senior vice president of sales and marketing.

Peel is a native of Fairport, New York, a suburb of Rochester. He joined Paychex in 1994 as a payroll sales representative. Peel holds a Bachelor of Science degree in marketing from the State University of New York at Oswego.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex(R). Human resource services include 401(k) plan recordkeeping, health insurance, workers' compensation administration, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices and serves over 572,000 payroll clients nationwide. For more information about Paychex and our products, visit www.paychex.com.

Source: Paychex, Inc.

Released October 6, 2008