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PAYCHEX INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and PAYCHEX INC.’s Form 8-K (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 18Reported items
  • 1,111Asset managers
  • 11,294Fund votes
  • 2024-10-10Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore PAYCHEX INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by PAYCHEX INC.

These tallies are PAYCHEX INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

PAYCHEX INC. — official shareholder meeting results, meeting held 2024-10-10
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Martin Mucci 280,385,7369,671,231222,708 --35,551,831 Majority: yes
Elect Director: Thomas F. Bonadio 277,520,49112,270,027489,157 --35,551,831 Majority: yes
Elect Director: Joseph G. Doody 276,541,10413,251,910486,661 --35,551,831 Majority: yes
Elect Director: John B. Gibson 285,665,0654,230,058384,552 --35,551,831 Majority: yes
Elect Director: B. Thomas Golisano 281,299,6238,648,784331,268 --35,551,831 Majority: yes
Elect Director: Pamela A. Joseph 255,187,20233,251,4071,841,066 --35,551,831 Majority: yes
Elect Director: Theresa M. Payton 285,872,5684,124,476282,631 --35,551,831 Majority: yes
Elect Director: Kevin A. Price 278,127,10311,674,112478,460 --35,551,831 Majority: yes
Elect Director: Joseph M. Tucci 270,896,22118,790,173593,281 --35,551,831 Majority: yes
Elect Director: Joseph M. Velli 282,108,7937,815,837355,045 --35,551,831 Majority: yes
Elect Director: Kara Wilson 285,946,0664,018,306315,303 --35,551,831 Majority: yes
Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows: 275,855,90213,360,5551,063,218 --35,551,831 Passed
Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm The selection of PricewaterhouseCoopers LLP as the Company's independent registered accounting firm for fiscal year 2025 was rati 322,397,9053,139,220294,381 ---- Passed

Source: PAYCHEX INC., Form 8-K — read the filing on EDGAR.

How asset managers voted at the PAYCHEX INC. 2024-2025 meeting

Each item below shows how the 1,111 asset managers that disclosed a PAYCHEX INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PAYCHEX INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2024-10-10.

Combines 25 wordings of this item as funds reported it.

95% Passed · of votes cast

FOR 95%
FOR: 275,855,902AGAINST: 13,360,555

PAYCHEX INC.’s own tally for this item (“Proposal 2: Advisory Vote to Approve Named Executive Officer Compensation The non-binding advisory vote on the compensation of the Company's named executive officers was approved, with votes as follows:”): 275,855,902 for, 13,360,555 against — passed, per its Form 8-K (Item 5.07). Of all 359,900,000 outstanding shares: 77% for, 4% against (80% of the company cast a for/against vote).

The 1,074 asset managers below cast 97% of the shares they voted on this item FOR (243,467,235 for, 7,815,233 against).

FOR 97%
FOR: 243,467,235 (96.7%)AGAINST: 7,815,233 (3.1%)ABSTAIN: 456,075 (0.2%)NOT VOTED: 37,093 (0.0%)NO VOTE: 1,325 (0.0%)
Largest asset managers voting on “ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION.” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Capital Group57,551,4470 00For
Vanguard31,747,8870 00For
BlackRock20,067,1032,618 00For
Charles Schwab18,567,1150 00For
Fidelity11,193,6090 00For
State Street10,061,73116,006 00For
GEODE CAPITAL MANAGEMENT, LLC9,189,2400 00For
Walter Scott & Partners Ltd3,931,8620 00For
Northern Trust3,716,8770 00For
Invesco3,156,9860 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
Dimensional2,205,9830 00For
First Trust2,131,56915,153 00For
BAHL & GAYNOR INC2,038,9330 00For
ENVESTNET ASSET MANAGEMENT INC1,977,8440 00For
Victory Capital1,798,1720 00For
LONDON CO OF VIRGINIA1,708,6150 00For
Epoch Investment Partners, Inc.1,653,9910 00For
NORDEA INVESTMENT MANAGEMENT AB01,586,003 00Against
Legal & General Investment Management Ltd01,572,911 00Against
UBS1,544,97123,627 00For
Select Equity Group, L.P.1,555,1150 00For
T. Rowe Price1,448,1980 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC1,405,6150 00For
AllianceBernstein1,220,7350 00For

Showing the 25 largest of 1,074 asset managers. See all 1,074 in the interactive database.

2. Election of Directors: Theresa M. Payton

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 5 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 285,872,568AGAINST: 4,124,476

PAYCHEX INC.’s own tally for this item (“Elect Director: Theresa M. Payton”): 285,872,568 for, 4,124,476 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 79% for, 1% against (81% of the company cast a for/against vote).

The 164 asset managers below cast 99.9% of the shares they voted on this item FOR (107,537,619 for, 50,536 against).

FOR 99.9%
FOR: 107,537,619 (99.9%)AGAINST: 50,536 (0.0%)ABSTAIN: 31,274 (0.0%)
Largest asset managers voting on “Election of Directors: Theresa M. Payton” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,971,0101,623 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5536 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon332,45923,210 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X260,8060 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 164 asset managers. See all 164 in the interactive database.

3. Election of Directors: Martin Mucci

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 280,385,736AGAINST: 9,671,231

PAYCHEX INC.’s own tally for this item (“Elect Director: Martin Mucci”): 280,385,736 for, 9,671,231 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 78% for, 3% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.8% of the shares they voted on this item FOR (107,391,859 for, 196,471 against).

FOR 99.7%
FOR: 107,391,859 (99.8%)AGAINST: 196,471 (0.2%)ABSTAIN: 30,438 (0.0%)
Largest asset managers voting on “Election of Directors: Martin Mucci” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,971,0101,623 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5536 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable278,5048,500 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X252,5348,272 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

4. Election of Directors: Thomas F. Bonadio

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 277,520,491AGAINST: 12,270,027

PAYCHEX INC.’s own tally for this item (“Elect Director: Thomas F. Bonadio”): 277,520,491 for, 12,270,027 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 77% for, 3% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.6% of the shares they voted on this item FOR (107,243,893 for, 343,591 against).

FOR 99.6%
FOR: 107,243,893 (99.7%)AGAINST: 343,591 (0.3%)ABSTAIN: 31,284 (0.0%)
Largest asset managers voting on “Election of Directors: Thomas F. Bonadio” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,967,8444,789 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,54910 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon332,45923,210 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X227,34333,463 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

5. Election of Directors: Joseph G. Doody

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 276,541,104AGAINST: 13,251,910

PAYCHEX INC.’s own tally for this item (“Elect Director: Joseph G. Doody”): 276,541,104 for, 13,251,910 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 77% for, 4% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.5% of the shares they voted on this item FOR (107,129,240 for, 459,077 against).

FOR 99.5%
FOR: 107,129,240 (99.5%)AGAINST: 459,077 (0.4%)ABSTAIN: 30,452 (0.0%)
Largest asset managers voting on “Election of Directors: Joseph G. Doody” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,967,8444,789 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,54910 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X227,34333,463 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

6. Election of Directors: John B. Gibson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 285,665,065AGAINST: 4,230,058

PAYCHEX INC.’s own tally for this item (“Elect Director: John B. Gibson”): 285,665,065 for, 4,230,058 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 79% for, 1% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.9% of the shares they voted on this item FOR (107,500,401 for, 87,089 against).

FOR 99.8%
FOR: 107,500,401 (99.9%)AGAINST: 87,089 (0.1%)ABSTAIN: 31,279 (0.0%)
Largest asset managers voting on “Election of Directors: John B. Gibson” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,971,0101,623 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5536 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X260,8060 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

7. Election of Directors: B. Thomas Golisano

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 281,299,623AGAINST: 8,648,784

PAYCHEX INC.’s own tally for this item (“Elect Director: B. Thomas Golisano”): 281,299,623 for, 8,648,784 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 78% for, 2% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.9% of the shares they voted on this item FOR (107,496,128 for, 91,365 against).

FOR 99.8%
FOR: 107,496,128 (99.9%)AGAINST: 91,365 (0.1%)ABSTAIN: 31,276 (0.0%)
Largest asset managers voting on “Election of Directors: B. Thomas Golisano” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,971,0101,623 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5536 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X260,8060 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

8. Election of Directors: Pamela A. Joseph

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%12%
FOR: 255,187,202AGAINST: 33,251,407

PAYCHEX INC.’s own tally for this item (“Elect Director: Pamela A. Joseph”): 255,187,202 for, 33,251,407 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 71% for, 9% against (80% of the company cast a for/against vote).

The 163 asset managers below cast 97% of the shares they voted on this item FOR (103,962,651 for, 3,618,748 against).

FOR 97%
FOR: 103,962,651 (96.6%)AGAINST: 3,618,748 (3.4%)ABSTAIN: 37,370 (0.0%)
Largest asset managers voting on “Election of Directors: Pamela A. Joseph” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,964,4968,137 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street422,473,517 00Against
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X0260,806 00Against
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

9. Election of Directors: Kevin A. Price

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 278,127,103AGAINST: 11,674,112

PAYCHEX INC.’s own tally for this item (“Elect Director: Kevin A. Price”): 278,127,103 for, 11,674,112 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 77% for, 3% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.6% of the shares they voted on this item FOR (107,243,924 for, 343,561 against).

FOR 99.6%
FOR: 107,243,924 (99.7%)AGAINST: 343,561 (0.3%)ABSTAIN: 31,284 (0.0%)
Largest asset managers voting on “Election of Directors: Kevin A. Price” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,967,8444,789 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,54910 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon332,45923,210 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X227,34333,463 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

10. Election of Directors: Joseph M. Tucci

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 270,896,221AGAINST: 18,790,173

PAYCHEX INC.’s own tally for this item (“Elect Director: Joseph M. Tucci”): 270,896,221 for, 18,790,173 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 75% for, 5% against (80% of the company cast a for/against vote).

The 163 asset managers below cast 99.4% of the shares they voted on this item FOR (106,987,087 for, 601,224 against).

FOR 99.4%
FOR: 106,987,087 (99.4%)AGAINST: 601,224 (0.6%)ABSTAIN: 30,458 (0.0%)
Largest asset managers voting on “Election of Directors: Joseph M. Tucci” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,967,8444,789 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,54910 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X227,34333,463 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

11. Election of Directors: Joseph M. Velli

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 282,108,793AGAINST: 7,815,837

PAYCHEX INC.’s own tally for this item (“Elect Director: Joseph M. Velli”): 282,108,793 for, 7,815,837 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 78% for, 2% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.7% of the shares they voted on this item FOR (107,349,473 for, 238,851 against).

FOR 99.7%
FOR: 107,349,473 (99.7%)AGAINST: 238,851 (0.2%)ABSTAIN: 30,445 (0.0%)
Largest asset managers voting on “Election of Directors: Joseph M. Velli” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,971,0101,623 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5536 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X260,8060 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

12. Election of Directors: Kara Wilson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-10-10.

Combines 4 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 285,946,066AGAINST: 4,018,306

PAYCHEX INC.’s own tally for this item (“Elect Director: Kara Wilson”): 285,946,066 for, 4,018,306 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 359,900,000 outstanding shares: 79% for, 1% against (81% of the company cast a for/against vote).

The 163 asset managers below cast 99.9% of the shares they voted on this item FOR (107,536,963 for, 50,531 against).

FOR 99.9%
FOR: 107,536,963 (99.9%)AGAINST: 50,531 (0.0%)ABSTAIN: 31,275 (0.0%)
Largest asset managers voting on “Election of Directors: Kara Wilson” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,971,0101,623 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5536 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon332,45923,210 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X260,8060 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 163 asset managers. See all 163 in the interactive database.

13. RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM.

AUDIT-RELATEDCompany result: Passed

Meeting held 2024-10-10.

Combines 5 wordings of this item as funds reported it.

99.0% Passed · of votes cast

FOR 99.0%
FOR: 322,397,905AGAINST: 3,139,220

PAYCHEX INC.’s own tally for this item (“Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm The selection of PricewaterhouseCoopers LLP as the Company's independent registered accou”): 322,397,905 for, 3,139,220 against — passed, per its Form 8-K (Item 5.07). Of all 359,900,000 outstanding shares: 90% for, 0.9% against (90% of the company cast a for/against vote).

The 162 asset managers below cast 99.8% of the shares they voted on this item FOR (107,314,933 for, 179,619 against).

FOR 99.8%
FOR: 107,314,933 (99.8%)AGAINST: 179,619 (0.2%)ABSTAIN: 31,271 (0.0%)
Largest asset managers voting on “RATIFICATION OF THE SELECTION OF PRICEWATERHOUSECOOPERS LLP TO SERVE AS THE INDEPENDENT REGISTERED PUBLIC ACCO” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,728,2840 00For
Capital Group28,093,7070 00For
BlackRock10,972,6330 00For
Charles Schwab9,272,2010 00For
Fidelity8,345,5830 00For
State Street2,473,5545 00For
INVESTMENT CO OF AMERICA2,217,8500 00For
First Trust2,124,2800 00For
Dimensional1,834,1450 00For
Victory Capital955,7560 00For
Invesco901,5750 00For
TIAA850,1220 00For
FRANKLIN STRATEGIC SERIES613,0090 00For
Federated Hermes425,1710 00For
ProShares380,0130 00For
BNY Mellon355,6690 00For
T. Rowe Price343,2700 00For
Jackson National331,7050 00For
MASTER INVESTMENT PORTFOLIO321,5450 00For
AMERICAN BEACON FUNDS313,7930 00For
Equitable287,0040 00For
CITY NATIONAL ROCHDALE FUNDS278,9120 00For
Global X260,8060 00For
Waddell & Reed250,0870 00For
FENIMORE ASSET MANAGEMENT TRUST231,4000 00For

Showing the 25 largest of 162 asset managers. See all 162 in the interactive database.

14. Ratify Appointment of Independent Auditors

AUDIT-RELATEDCompany result: Passed

Meeting held 2024-10-10.

Combines 2 wordings of this item as funds reported it.

99.0% Passed · of votes cast

FOR 99.0%
FOR: 322,397,905AGAINST: 3,139,220

PAYCHEX INC.’s own tally for this item (“Proposal 3: Ratification of Selection of PricewaterhouseCoopers LLP as the Company's Independent Registered Public Accounting Firm The selection of PricewaterhouseCoopers LLP as the Company's independent registered accou”): 322,397,905 for, 3,139,220 against — passed, per its Form 8-K (Item 5.07). Of all 359,900,000 outstanding shares: 90% for, 0.9% against (90% of the company cast a for/against vote).

The 11 asset managers below cast 100% of the shares they voted on this item FOR (495,757 for, 0 against).

FOR 100%
FOR: 495,757 (100.0%)
Largest asset managers voting on “Ratify Appointment of Independent Auditors” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
ADVISORS' INNER CIRCLE FUND402,0160 00For
Cardano Risk Management B.V.92,1660 00For
Virtus6200 00For
NORTHERN LIGHTS FUND TRUST III3110 00For
ESL Trust Services, LLC2500 00For
MARCO INVESTMENT MANAGEMENT LLC1500 00For
HARBOUR INVESTMENT MANAGEMENT LLC1080 00For
Simplify Exchange Traded Funds860 00For
Northern Lights Fund Trust IV390 00For
PACE SELECT ADVISORS TRUST110 00For
Synergy Investment Management, LLC00 00--

15. Advisory vote to approve named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 6 asset managers below cast 100% of the shares they voted on this item FOR (7,420 for, 0 against).

FOR: 7,420 (100.0%)
Largest asset managers voting on “Advisory vote to approve named executive officer compensation” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC5,1670 00For
Axiom Financial Strategies, LLC1,2450 00For
VAUGHAN DAVID INVESTMENTS LLC/IL6000 00For
Sky Investment Group LLC3000 00For
DIVIDEND ASSETS CAPITAL, LLC1080 00For
Echo45 Advisors LLC00 00--

16. Advisory vote on the frequency of future advisory votes on named executive officer compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-10-12 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

100% fund support · no official result

1 YEAR 96%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (300 for, 0 against).

FOR: 300 (4.0%)1 YEAR: 7,120 (96.0%)
Largest asset managers voting on “Advisory vote on the frequency of future advisory votes on named executive officer compensation” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC00 001 Year
Axiom Financial Strategies, LLC00 001 Year
VAUGHAN DAVID INVESTMENTS LLC/IL00 001 Year
Sky Investment Group LLC3000 00For
DIVIDEND ASSETS CAPITAL, LLC00 001 Year

17. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2024-10-10.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 4 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
ADVISORS' INNER CIRCLE FUND402,0160 00For
HARBOUR INVESTMENT MANAGEMENT LLC1,1880 00For
ESL Trust Services, LLC2500 00For
Simplify Exchange Traded Funds860 00For

18. Elect Director

DIRECTOR ELECTIONS

Meeting held 2024-10-10.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (311 for, 0 against).

FOR: 311 (100.0%)
Largest asset managers voting on “Elect Director” at PAYCHEX INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
NORTHERN LIGHTS FUND TRUST III3110 00For
Synergy Investment Management, LLC00 00--

Largest PAYCHEX INC. shareholders voting in 2024-2025

Ranked by the number of PAYCHEX INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 359,900,000 shares outstanding at the time of that meeting.

Top PAYCHEX INC. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Capital Group 15.99%
2Vanguard 8.82%
3BlackRock 5.58%
4Charles Schwab 5.16%
5Fidelity 3.11%
6State Street 2.80%
7GEODE CAPITAL MANAGEMENT, LLC 2.55%
8Walter Scott & Partners Ltd 1.09%
9Northern Trust 1.03%
10Invesco 0.88%

Reported PAYCHEX INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

PAYCHEX INC. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 8.84% 13F
Capital International Investors 8.54% 13G
BlackRock 7.54% 13F
State Street 3.81% 13F
Charles Schwab 3.00% 13F
BNY Mellon 2.52% 13F
Morgan Stanley 1.66% 13F
Northern Trust 1.39% 13F
Invesco 1.15% 13F

Percentages above are of 359,900,000 shares outstanding, as reported by PAYCHEX INC. on its Form 10-Q dated 2024-08-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from PAYCHEX INC.’s 10-Q dated 2024-08-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At PAYCHEX INC.'s shareholder meeting held 2024-10-10, in the 2024-2025 proxy season, 1,111 asset managers reported how they voted in their SEC Form N-PX filings, covering 11,294 separate fund positions. Their filings are grouped here into 18 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION. — the proposal passed with 95% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: PAYCHEX INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

PAYCHEX INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.