Paychex Announces Exec Appointments

Payroll and benefits outsourcing provider Paychex Inc. named Martin Stowe to the post of vice president of the company's human resources unit and Stephanie L. Schaeffer as vice president and chief legal officer.

A 10-year veteran of Paychex, Stowe most recently served as manager of the company's Northeast region. He succeeds Diane Rambo, who retired from the company.

Meanwhile, Schaeffer joined Paychex in 2000 and was elevated to director of legal affairs in 2004.

In her new role, Schaeffer is responsible for overseeing all of the company's legal functions, including litigation, corporate governance and regulatory matters.

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