John B. Gibson, Jr. vs Toby Williams

John B. Gibson, Jr.

CEO of Paychex

BIO: John B. Gibson, Jr. assumed the role of president and chief executive officer in October 2022. Under his leadership, Paychex eclipsed $5 billion in revenue and has continued to thrive as a market leader in the human capital management (HCM) technology industry by focusing the company's strategy of being the digitally driven HR leader. Paychex, which supports over 745,000 businesses and their millions of employees, continues to strategically invest in solutions that deliver a unique blend of innovative technology and advisory services to customers. For more than half a century, the company has made a positive impact in the lives of its customers, communities, and shareholders by focusing the talents of its employees around the world and on the success of small- and mid-sized businesses. While leveraging its vast set of data and insights into these businesses, Paychex is continually recognized as one of the most ethical and innovative companies in the world. A purpose-driven culture and relentless pursuit of innovation allows Paychex to help businesses succeed by attracting and retaining talent, offering affordable benefits to win the war for talent, and businesses better manage their cash flows and access the capital needed to fuel growth. Gibson served as president and chief operating officer for the year prior to being named CEO. In this role, he led the daily operations of the company, including sales, service, marketing, and product management. He had previously served as senior vice president of service since joining Paychex in May 2013. As SVP of service, Gibson led the service organization to record customer satisfaction and retention, enhanced the Paychex service experience with 24/7/365 options, added a full spectrum of digital support capabilities, and expanded the relationship management and advisory support for Paychex customers. He was also instrumental in the company’s international expansion and in growing Paychex’s digital payroll and PEO businesses. Prior to Paychex, Gibson served in senior executive positions at HR outsourcing and technology companies, including Ameritech (now AT&T) and Convergys, where he served as president of the HR management division providing comprehensive global HR solutions to clients in 68 countries. A regular guest on CNBC’s Squawk Box and Mad Money to discuss labor market insights and Paychex financial performance, Gibson holds a Bachelor of Arts degree from Indiana University. He also earned certifications at Northwestern University’s Kellogg School of Management and the international business program of INSEAD, a global graduate business school. Active in the community, Gibson has served on the community investment board for the United Way of Greater Rochester and the Finger Lakes and the board of directors of Hillside Family of Agencies.

Toby Williams

CEO of Paylocity

BIO: When I came to Paylocity in 2017, I was excited to join an incredible team and culture, and to make an impact for our business, our clients, and our employees. Today, I serve as President and CEO and partner with the rest of Paylocity leadership to guide our teams as we #EarnItEveryDay! And I remain as passionate as ever about continuing to develop our culture while helping drive our growth. I've held multiple software company leadership roles throughout my career in operations, product, strategy, and finance - after starting out as a corporate lawyer and investment banker. I earned a Bachelor or Arts from Houghton College and my Master of Business Administration and Juris Doctor from The Ohio State University (Go, Bucks!).