The EXEC statement identifies the beginning of a job step and specifies either a program to be executed or a cataloged/in-stream procedure to be used.
123//stepname EXEC PGM=program-name[,parameter[,parameter]...] //stepname EXEC PROC=procedure-name[,parameter[,parameter]...] //stepname EXEC procedure-name[,parameter[,parameter]...]
123456//STEP01 EXEC PGM=IEFBR14 //STEP02 EXEC PGM=SORT, // PARM='FIELDS=COPY', // REGION=4M, // TIME=5
12345//STEP03 EXEC PROC=PAYROLL, // REGION=6M //STEP04 EXEC BILLING, (abbreviated form without PROC=) // PARM='MONTHLY'