Paychex
Q1 2023 Earnings Call
Sep 28, 2022, 9:30 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, everyone, and welcome to the Paychex first quarter FY '23 earnings conference call. [Operator instructions] Please note this call may be recorded. It is now my pleasure to turn today's program over to Martin Mucci, chairman and chief executive officer of Paychex. Please go ahead.
Marty Mucci -- Chairman and Chief Executive Officer
Thank you, Gretchen, and thank you for joining us for our discussion of the Paychex first quarter fiscal '23 earnings release. Joining me today are John Gibson, our president and chief operating officer; and Efrain Rivera, our chief financial officer. I do want to start out by saying that all of us are thinking of everyone in the path of Hurricane Ian that is approaching Florida at this time. Certainly, our employees, our clients and everyone else in those areas, we hope are safe.
This morning, before the market opened, we released our financial results for the first quarter ended August 31, 2022. You can access our earnings release on our investor relations website. Our Form 10-Q will be filed with the SEC within the next few days. And this teleconference is, of course, being broadcast over the Internet and will be archived and available for approximately 90 days.
We'll start today's call with an update on business highlights for the first quarter. Efrain will then review our financial results and outlook for fiscal 2023, and then we'll open it up for your questions. I will start out by acknowledging that this will be my last earnings call as -- in my role as CEO of Paychex. On August 24, we announced I'm retiring as CEO effective October 14.
That's after our 2022, fiscal 2022 annual meeting of stockholders. However, I will remain in my role as chairman of the board. John Gibson, on the call today, our current president and chief operating officer, will assume the role of president and CEO. John has been a member of the executive leadership team since 2013 and has been instrumental in the success of Paychex during his tenure.
We have executed on a long-term succession plan, and I'm confident that John is the right person to lead Paychex into its next phase of growth. Really many best days ahead of us. I want to thank all of you also, you directly, for your interest in coverage of Paychex, some of you for more than two decades and for your good questions and feedback over my 12 years as chief executive officer. I also want to publicly thank Efrain.