window.googletag.cmd.push(function() { Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. This chart shows Chad R. Richison's buying and selling at Paycom Software by year and by quarter. "This company long ago surpassed anything I could do alone, and I value input from those who demonstrate our core values.". The price is currently at less than $400. Paycom has the ability to serve businesses of all sizes and in every industry. At just age 27, the Oklahoma native founded Paycom in 1998, one of the nation's first 100% web-based payroll companies. Apple CEO Tim Cook received the second-highest award in 2011 worth $378M, while Tesla CEO Elon Musk topped the list with shares awarded worth around $2.3B in 2018, which continues to remain the biggest CEO package stock award. About 1,000 employees of the cloud-based human capital management software company will work out of the new. It launched in 1996 and made its IPO in 2003. It helps companies manage talent acquisition, time and labor management, talent management, and HR management. eventAction: 'click_adunit' Few business owners then knew much about what was then called the World Wide Web. There is a new name breaking into the list of the highest-paid chief executives: Chad Richison, the founder and CEO of payroll processor Paycom Software Inc. What is Chad R. Richison's salary? Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. As a young entrepreneur, Richison credits grit and perseverance from his humble beginnings as setting the stage for his success. Chad Richison Founder, CEO, and President at Paycom buildd tags Quit job to start Doesn't code Quick stats $2.7B Net wealth 51 Yrs Age 1998 Year of founding Career Senior Manager, ADP 1998-Present Founder, CEO and President, Paycom Education BA, University of Central Oklahoma Personal Information Partner Charris Richison Overview The Spark There are no executives at Paycom Software Inc getting paid more. In the mid-90s he founded the gaming company Mpath Interactive. Paycom opened its new Texas operations center on May 10 at 3489 SH 121 in Grapevine. Realtime quote and/or trade prices are not sourced from all markets. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. And Richison's leadership and employee-friendly management style is a big reason why. Worse, it was far from user-friendly. In the early days at Paycom, Richison remembers knocking on doors and making phone calls trying to land new clients. * His duality is Passive and opposite sun sign is Virgo. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. He joined Microsoft in 1991. Chad Richardson. Late last year, Richison reportedly signed the Giving Pledge created by Bill Gates and Warren Buffett, publicly promising to give away at least half his wealth. Listening to employees, too, helps you spot shifts even your customers might not notice. 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. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. eventAction: 'view' if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-box-4','ezslot_2',127,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-box-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-box-4','ezslot_3',127,'0','1'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-box-4-0_1');.box-4-multi-127{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}Chad Richardsons birthday is on 17-Mar-1970 and was born on Tuesday. }); YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. Chad Richardson is a famous Canadian actor and singer. . 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. He is one of the longest-serving employees at Facebook. 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. As the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc, the total compensation of Chad Richison at Paycom Software Inc is $21,138,600. hitType: 'event', In June 2017, JD.com bought a minority stake in Farfetch for $397 million. As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive Officer, and 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. [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. What is Chad Richison's Net Worth? The corporate mailing address for Mr. Richison and other Paycom Software executives is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. You will be charged hitType: 'event', This net worth evaluation does not reflect any other investments that Mr. Richison may own. All rights reserved. It offers functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. hitType: 'event', The company disclosed the compensation package of the Oklahoma City billionaire in the annual proxy statement filed with the Securities and Exchange Commission last week. How Chipotle's Stock Price More Than Quadrupled in Five Years, How Repaying Student Loans Is ChangingDramatically. 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. We are one of the worlds fastest growing The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. In early 2020, the organization was added to the prestigious S&P 500. window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { Move over, Elon Musk and Tim Cook. . Chad Richison generously gifted $25 million since 2015 combined to the University of Central Oklahoma. According to our database, Chad Richardson is still alive. 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Learn More on Chad R. Richison's trading history. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. There are 13 older and no younger executives at Paycom Software Inc. 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. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. He. Frederick C. Peters II who sold 1,000 units worth He will not be given any additional equity grants until 2026, the company said. Ownership data provided by Refinitiv and Estimates data provided by FactSet. pg.acq.push(function() { Chad has 11 jobs listed on their profile. Photo . Peninsula was one of the first investors in Baidu, China's version of Google. He has made such an amount of wealth from his primary career as a Actor. He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. 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 There are no executives at Paycom Software Inc getting paid more. The most active insiders traders include Russell L Carson, Jonathan M Rather, and Patrick J Welsh. 'Growing up in Tuttle, Oklahoma, I learned that if I wanted something, I had to work hard for it. Atlanta, GA. Directed all finance operations; nine direct reports, 135 staff and responsibility for two subsidiaries . Richardson was able to anticipate where the internet was going and how it could change how business is conducted. ga('ads.send', { He has given away between 1% to 4.99% of his wealth, the outlet reported. }); He has served as President and Chief Executive Officer since he founded Paycom in 1998. Neves founded the software company Platforme in 1996. Pattison also owns Ripley's Believe It Or Not and The Guinness Book of World Records. }); Chad Richison, the founder and CEO of payroll processor Paycom Software Inc, became the highest-paid CEO in the S&P 500 after he was awarded a compensation package worth more than $200M. 2/08/2023 Barton had a better idea. ", Get Ahead Of The Retention Game And Save Customers Before Losing Them, Embrace Challenges And Prepare For Obstacles To Achieve Success, Set 'Big, Hairy, Audacious' Goals Like George W. Merck Did, Get Full Access To IBD Stock Lists And Ratings. 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. "Investment comes before achievement and that's certainly the case with our people," Richison said. Chad Richison's largest sale order was 9,611 units , worth over This makes him the highest-paid chief executive. Notifications can be turned off anytime from browser settings. His idea isnow one of the world's fastest-growing companies. The largest trade he's ever made was selling 1,500,000 units of Paycom Software Inc stock on 20 May 2015 worth over $53,625,000. Mr. Boelte owns 260,773 shares of Paycom Software stock worth more than $84,164,486 as of February 13th. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. The estimated net worth of Chad R. Richison is at least $1.35 billion as of May 11th, 2022. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. They sold a total of 20,721 shares worth more than $5,812,707.66. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. You can see the complete history of Mr. Richison stock trades at the bottom of the page. That upbringing gave me a do-for-yourself-and-others spirit, and I am very grateful for that,' Richison wrote while signing The Giving Pledge. Paycom is part of the Financial Software industry, and located in Oklahoma, United States. The most recent stock trade was executed by Frederick C Ii Peters on 8 August 2022, trading 1,000 units of PAYC stock currently worth $371,170. Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. 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. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc since 2016. Richison, of Tuttle, Oklahoma, has a rating of 9/10 on Forbes' self-made score - which makes him a 'true rags-to-riches' story, according to the outlet. As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Craig E Boelte owns about 260,773 units of Paycom. Chad Richison is an American entrepreneur who has served as President and Chief Executive Officer of Paycom since its founding. Pattison's company is involved in a vast variety of industries including TV and radio stations, car dealerships, grocery store chains, magazine distribution, food service specialty packaging, advertising, real estate development, fishing, forest products, financial services, and entertainment. 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. He should know. Adam Schrader For Dailymail.Com ga('ads.send', { ga('ads.send', { 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. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. Construction began in 2007 and took three years to complete, and now The Gordon Hartman Family Foundation has also been able to add a $17 million water park to the complex, called Morgan's Inspiration Island. 'This award is entirely dependent on Mr. Richison achieving aggressive performance goalswhich will generate tremendous value for our stockholders.'. This documentary-style series follows investigative journalists as they uncover the truth. Chad Richison, President and CEO, Paycom made Glassdoor's 2019 list of "Best Places to Work." Veritas Software, early Facebook employee. Richison, who founded the payroll processor in 1998, was awarded 1.61 million restricted shares in November - which he only receives if the company's share prices more than double by 2030, the Wall Street Journal reported. "I could make $600 to $700 in cash" per week, he said. Jan 2001 - Mar 20076 years 3 months. 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. Chad Richison has served as President and Chief Executive Officer since he founded Paycom in 1998. 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. if(document.querySelector("#ads")){ It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. Over the years, he expanded and grew his empire to include Gordon V. Hartman Enterprises which was comprised of Horizon Mortgage, Hartman Title, and Hartman Insurance Services. gads_event = event; Gordon Hartman founded Gordon Hartman Homes in 1983 in San Antonio, Texas. , updated With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. Expedia was the result of Barton's idea. A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). The estimated Net Worth of Chad R. Richison is at least $1.87 Miliarda dollars as of 11 May 2022. There are no executives at Paycom Software Inc getting paid more. eventAction: 'click_ads' Corporate filings show Chad Richison, founder of Oklahoma City-based Paycom, received more than $211 million in compensation last year for his role as president and CEO of the company. The Oklahoma City billionaire last year was awarded compensation valued at $211 million by Paycom, the company disclosed in the annual proxy statement it filed with the Securities and Exchange Commission last week. Ernst & Young calculates the average cost of each employee-made entry at $4.39. As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Chad Richardson's net worth or net income is estimated to be $1 million - $2 million dollars. Tim Cook of Apple received the second largest award worth$378 million in 2011 andAlphabet Inc.'s Sundar Pichai receiveda package worth $280.6 million from Google's parent company in 2019. Submit a correction suggestion and help us fix it. ". He originally had a two-year contract. Save over $170 and access 6 weeks of prograde stock research tools for only $49.95! This net worth approximation does not reflect any other assets that Mr. Boelte may own. 2000-2023 Investor's Business Daily, LLC. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. And as he got older and began building his own business, he worked even harder. 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