Mr. Richison earned a salary of $753,701.00, non-equity compensation of $1,479,630.00, and other compensation of $725,079.00. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. This net worth evaluation does not reflect any other investments that Mr. Richison may own. hitType: 'event', The online payroll and human resource technology provider based in Oklahoma City revealed that it awarded Richison $211M in compensation in 2020. Who is Paycom boss Chad Richison's wife Charis? . }); The company has expanded to 20 cities across the country and sold more than 100,000 homes. Dr. Yan Huo has a BS in Physics from Fudan University and an MA and Ph.D. in Electrical Engineering from Princeton. Over the last 9 years, insiders at Paycom Software Inc have traded over $7,756,882,626 worth of Paycom Software Inc stock and bought 141,120 units worth $3,728,353 Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,366,231,316 and over the last 9 years he sold PAYC stock worth over $464,538,932. About 1,000 employees of the cloud-based human capital management software company will work out of the new. Richison's recent performance equity award is structured to align with stockholders' interests, as it requires significant value creation for them before he can realize any value from the grant,' Clark said. He co-founded Altos Computer Systems in 1999. Paycom has the ability to serve businesses of all sizes and in every industry. They sold a total of 20,721 shares worth more than $5,812,707.66. pg.acq.push(function() { How Chipotle's Stock Price More Than Quadrupled in Five Years, How Repaying Student Loans Is ChangingDramatically. Mr. Richison was selected to serve on our Board of Directors based on the leadership skills, strategic guidance and experience he brings as our President and Chief Executive Officer and operational expertise from his prior experience in the industry. What is Chad Richison's Net Worth? Salesforce Soars Late On Earnings, Guidance, Buyback, Dow Jones Futures Fall, AI Arms Race Intensifies; Fortinet, Enphase, Uber Jump On Earnings, Paycom Software Earns Composite Rating Upgrade, Stock Upgrades: Paycom Software Shows Rising Relative Strength, Shopify Stock Sees Relative Strength Rating Jump To 84, Paycom Earnings, Revenue Top Estimates Amid Interest Rate Boost, Dow Jones Falls Ahead Of Fed Decision, Powell Comments; AMD Rallies On Earnings, Dow Jones Futures: Stock Market Rally Awaits Fed Pivot Signals; AMD, Devon Move On Earnings. Paycom made Glassdoor's 2019 list of "Best Places to Work." Meet the Highest Paid CEO in S&P 500, Paycoms $211 Million Man - WSJ, The Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers. Paycom is headquartered in Oklahoma City, Oklahoma. eventCategory: event.slot.getSlotElementId(), He hasgiven away between 1% to 4.99% of his wealth, the outlet reported. Nor should workers have to call or email HR to find out how to access tax-withholding data or update their address or find out how many sick days they have left. That was at times a big hurdle, he says. It has since attracted more than 200 billionaires across the world to its cause. Learn More on Chad R. Richison's contact information. "I could make $600 to $700 in cash" per week, he said. Chad Richison usually trades in May, with the busiest year in 2020. There are 13 older and no younger executives at Paycom Software Inc. Chart Data in Insider Trading History Table. Gross is one of the most well-known financial managers in the world. Campbells Soup Sales Were Declining. Gordon Hartman founded Gordon Hartman Homes in 1983 in San Antonio, Texas. Paycom Software, Inc's most recent insider trade came on August 10, 2022 by document.querySelector("#ads").addEventListener('click',function(){ This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. He has also served as a member of our Board of Directors since 1998 and was appointed Chairman of the Board of Directors in August 2016. Neves founded the software company Platforme in 1996. MEAWW is an initialism for Media Entertainment Arts WorldWide. Paycom Software can also be reached via phone at (405) 722-6900 and via email at [emailprotected] Learn More on Chad R. Richison's contact information. Paycom. We are one of the worlds fastest growing Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection The estimated Net Worth of Chad R. Richison is at least $1.87 Miliarda dollars as of 11 May 2022. According to our database, Chad Richardson is still alive. That same year, he launched the footwear brand Swear. } Frederick C. Peters II who sold 1,000 units worth He was on a family vacation with his then-12-year-old daughter Morgan, what was supposed to be a fun excursion at a swimming pool when his autistic daughter wanted to play with kids tossing a ball in the pool. And he does it before his rivals notice. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Realtime quote and/or trade prices are not sourced from all markets. Biography. Seeing trends others missed also turned Richison into a billionaire (Forbes pegs his net worth at $2 billion) and one of the nation's highest-rated CEOs with employees. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. He and his crews were good at stacking, Richison says, which meant farmers could fit more bales of hay in their barns. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,499,403,413 and over the last 9 years he sold PAYC stock worth over $464,538,932. Worse, it was far from user-friendly. $2.65M on May 13, 2022. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. Most didn't even have websites. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. 'Mr. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. His partner retired in 2008 and he is now the sole owner and CEO of the company. [1] A native Oklahoman, Richison began his career in sales with ADP, a global payroll provider, before moving to Colorado to work for a smaller, regional payroll provider. You can see the complete history of Mr. Richison stock trades at the bottom of the page. Learn about Chad Richardson Net Worth, Biography, Age, Birthday, Height, Early Life, Family, Dating, Partner, Wiki, and Facts. He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. 20:10 EST 06 Apr 2021 Baby Mia Jade Riley: Parents Lani and Tom Riley speak out after dog attack killed their 5-week-old infant, Kyle Sambrook: Hiker falls 100ft to death while carrying his dog in one hand through 'appalling' weather, Bruce Willis's mom Marlene 'not sure if her son still recognizes her' as 'aggressiveness' creeps in, Killer mom Lindsay Clancy was suffering from drug withdrawal and had 'worst side effects,' says friend, 'End this crazy show': Julia Wandelt may seek court's help for DNA test to prove she is Madeleine McCann. if(document.querySelector("#google_image_div")){ Sign In. Paycom founder Chad Richison has become the highest-paid CEO in the S&P 500 after he was awarded a 2020 compensation package worth $211 million, it has been revealed. He sold the company in 2005 and with his wife Maggie, established The Gordon Hartman Family Foundation so he and Maggie could pursue their dream of helping children and adults with special needs. He grabbed it. And quite another thing for a payroll company to make a mistake. Paycom Software Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. And we can't do it without a very special guest. He left the firm in the mid-1980s to co-found The Blackstone Group, a company focused on acquisitions and mergers. He has also served as a member of our Board of Directors since 1998 and was appointed Chairman of the Board of Directors in August 2016. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. Paycom's share prices closed at about $378 on Monday, the WSJ reported. The estimated Net Worth of Chad R. Richison is at least $1.99 Miliarda dollars as of 11 May 2022. Learn More on Chad R. Richison's trading history. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. To drive home the point of how employees inputting their own data boosts a company's bottom line, Paycom tallies up the number of changes in the database made by HR that employees should have done themselves. $ + tax There are no executives at Paycom Software Inc getting paid more. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment lifecycle, from recruitment to retirement. By In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive Officer a Director at Paycom Software Inc. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. The information and content are subject to change without notice. }); Information on this page was last updated on 8/8/2022. Richison said in today's internet-connected world there's no need for HR managers or payroll and recruitment staff to type in employee data. Overcame: Skepticism of early customers to trust a large part of such a critical function, human resources, to a new company with such a young CEO. He received a 93% approval rating from employees to catapult him to membership in Glassdoor's "Top CEOs 2019" list. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . There had to be a better way. It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. }); "Investment comes before achievement and that's certainly the case with our people," Richison said. Quick Facts: Here are some interesting facts about Chad Richardson: * He is originated from Canada. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. His award of restricted shares could eventually add more than $2 billion to his fortune in the next 10 years and is estimated to be worth a number closer to $702 million, according to a calculation by ISS ESG, the Wall Street Journal reported. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.73B . A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment lifecycle, from recruitment to retirement. }); eventAction: 'view' eventAction: 'load' So, an HR department that inputs, say, 50,000 changes to the database costs the company about $220,000, Paycom estimates. (Paycom). and Jeffrey D York, Chief Sales Officer The current estimated net worth of Paycom Software, Inc's Chief Financial Officer, Craig E Boelte, is estimated to be about $192.19M . David Weekly founded Houston-based David Weekly Homes in 1976, when he was 23. Richison is already looking for and quantifying what's next for the industry. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Mr. Richison was selected to serve on our Board of Directors based on the leadership skills, strategic guidance and experience he brings as our President and Chief Executive Officer and operational expertise from his prior experience in the industry. Paycom's stock prices have are up 108.72% in the past year while the S&P 500 is up 53% in the last year. The shares are currently estimated to be worth around $702M. You may change your billing preferences at any time in the Customer Center or call Coming up with brilliant ideas, though, is only part of what drives Richison's success. Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. He is 52 years old. The award honors business leaders who demonstrate great leadership and dedication to their companies and communities. He originally had a two-year contract. In September 2008, after lobbying for the Federal takeover of Fannie Mae and Freddie Mac, Bill Gross netted $1.7 billion, due to holding large positions in agency-backed mortgage bonds of Fannie Mae and Freddie Mac. Customer Service. In 2008, he founded Farfetch. He started Capula Investment Management in 2005 after spending years at JP Morgan where he worked in its derivatives research and proprietary positioning business. As a young entrepreneur, I learned early on that you have to work hard, honor your commitments and surround yourself with good people because no one does it alone.'. As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. This time it's allowing employees more freedom to input and manage their own HR data. Paycom combines the duties of entire departments into one application. Paycom Software net worth as of February 24, 2023 is $18.09B. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. Thirteen people joined The Giving Pledge in 2020 and have pledged to give away at least half their fortunes in their lifetimes. He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. ga('ads.send', { Commentdocument.getElementById("comment").setAttribute("id","aab64a1e44465d7d12b4c53cfb010759");document.getElementById("f8e4e772f6").setAttribute("id","comment"); Save my name, email, and website in this browser for the next time I comment. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. Be worth around $ 702M BA from Duke, is a veteran of the Board, President, Executive! His Star sign is Pisces and zodiac sign element is Water to catapult him to in! To input and manage their own HR data the sole owner and CEO of the Paycom Inc... 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