Steven Sarowitz - Paylocity Holdng Chairman of the Board

PCTY Stock  USD 210.11  4.83  2.35%   

Chairman

Mr. Steven Ira Sarowitz is Chairman of the Board of the Company. Mr. Sarowitz is currently the Chief Executive Officer of Blue Marble Payroll, an international payroll aggregator. Prior to founding Paylocity, Mr. Sarowitz worked at Robert F. White, a Chicagobased independent payroll service firm. He later was an executive at three privatelyheld payroll companies. Mr. Sarowitz formerly served as President of the Independent Payroll Providers Association. Mr. Sarowitz holds a B.A. in Economics from the University of Illinois at Urbana. Mr. Sarowitz brings to our board of directors extensive executive leadership and operational experience in payroll services companies, and his experience and familiarity with our business as the founder and Chairman. since 2014.
Age 58
Tenure 10 years
Address 1400 American Lane, Schaumburg, IL, United States, 60173
Phone847 463 3200
Webhttps://www.paylocity.com
Sarowitz holds a B.A. in Economics from the University of Illinois at Urbana.

Steven Sarowitz Latest Insider Activity

Tracking and analyzing the buying and selling activities of Steven Sarowitz against Paylocity Holdng stock is an integral part of due diligence when investing in Paylocity Holdng. Steven Sarowitz insider activity provides valuable insight into whether Paylocity Holdng is net buyers or sellers over its current business cycle. Note, Paylocity Holdng insiders must abide by specific rules, including filing SEC forms every time they buy or sell Paylocity Holdng'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Paylocity Holdng Management Efficiency

The company has return on total asset (ROA) of 0.0455 % which means that it generated a profit of $0.0455 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.222 %, meaning that it created $0.222 on every $100 dollars invested by stockholders. Paylocity Holdng's management efficiency ratios could be used to measure how well Paylocity Holdng manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.05 in 2024. Return On Capital Employed is likely to rise to 0.24 in 2024. At this time, Paylocity Holdng's Return On Assets are fairly stable compared to the past year.
Paylocity Holdng currently holds 54.45 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Paylocity Holdng has a current ratio of 1.01, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Paylocity Holdng's use of debt, we should always consider it together with its cash and equity.
Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company was founded in 1997 and is headquartered in Schaumburg, Illinois. Paylocity Holdings operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5300 people. Paylocity Holdng (PCTY) is traded on NASDAQ Exchange in USA. It is located in 1400 American Lane, Schaumburg, IL, United States, 60173 and employs 6,400 people. Paylocity Holdng is listed under Application Software category by Fama And French industry classification.

Management Performance

Paylocity Holdng Leadership Team

Elected by the shareholders, the Paylocity Holdng's board of directors comprises two types of representatives: Paylocity Holdng inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paylocity. The board's role is to monitor Paylocity Holdng's management team and ensure that shareholders' interests are well served. Paylocity Holdng's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paylocity Holdng's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan Glenn, CFO Treasurer
Joshua Scutt, Senior Sales
Amber Livingston, VP Counsel
Kathy Ross, VP Operations
Steven Beauchamp, CEO and President and Director
Adam Byerley, Vice Development
Josh Scutt, VP Sales
Steven Sarowitz, Chairman of the Board
Nicholas Rost, Chief Treasurer
Katherine Ross, Senior Operations
Alison Challman, Chief Officer
Holly Fulp, Chief Officer
Monica Roberts, VP Officer
Meera Mehta, Chief Officer
Rachit Lohani, Senior President
Toby JD, CoCEO President
Jill Morrison, Chief Officer
Andrew Cappotelli, Chief Accounting Officer

Paylocity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paylocity Holdng a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Paylocity Stock Analysis

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