Paychex expands board to 11 members, appoints J. Michael Hansen

Paychex, Inc. (NASDAQ: PAYX) expanded its board of directors to 11 members from 10 and appointed J. Michael Hansen as an independent director, according to a company statement.

Hansen served as executive vice president and chief financial officer of Cintas Corporation (NASDAQ: CTAS) for more than 10 years before retiring from the CFO role in May 2025. He then transitioned to assistant to the chief executive officer at Cintas, where he worked for 30 years in various positions.

During his tenure at Cintas, Hansen served on the board of directors of Paycor HCM, Inc. from 2008 to 2018. Paychex acquired Paycor in April 2025. Before joining Cintas, Hansen worked as a senior auditor with Ernst & Young and Rockwell Corporation.

"Mike Hansen brings a wealth of knowledge and extensive experience to the Paychex Board of Directors," said Paychex Chairman Martin Mucci. "His expertise and strategic insights, honed through his tenure at Cintas, align seamlessly with our purpose of helping businesses succeed."

Hansen holds a bachelor of science degree in business administration with a concentration in accounting from Washington University in St. Louis. His appointment is effective immediately, and he will serve on the board's audit committee.

Paychex provides human capital management solutions and serves approximately 800,000 customers in the U.S. and Europe.

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