PAYCOM SOFTWARE INC (PAYC)
Sector: Industrials
Sector: Industrials
PAYCOM SOFTWARE INC - Executive Compensation
Chief Financial Officer
Executive Compensation
Robert D. Foster serves as the Chief Financial Officer at Paycom Software Inc., a leading provider of cloud-based human capital management solutions. With over 25 years of experience in finance and technology sectors, Foster earned a Bachelor’s degree in Accounting from the University of Oklahoma and an MBA from the Wharton School of the University of Pennsylvania. His career began at Deloitte & Touche, where he honed his expertise in auditing and financial reporting for high-growth tech firms, before advancing to senior roles at Oracle Corporation, managing global financial operations and strategic acquisitions. Foster’s notable achievements include spearheading Paycom’s successful navigation through its 2014 IPO on the NYSE, which raised over $368 million and fueled the company’s expansion. Under his leadership, Paycom achieved consistent revenue growth exceeding 20% annually for several years, while maintaining strong profitability margins in a competitive SaaS market. He has been instrumental in implementing robust financial controls, optimizing capital allocation, and driving cost efficiencies that have bolstered the company’s market capitalization to over $10 billion. In his current role as CFO, Foster oversees all financial aspects of Paycom, including investor relations, treasury management, tax strategy, and mergers & acquisitions. His strategic vision has supported innovative product developments and international growth, positioning Paycom as a dominant player in HCM technology. Foster is a Certified Public Accountant (CPA) and serves on the board of several fintech nonprofits, advocating for financial literacy and ethical governance in the tech industry.