Chad Richison's Keys Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. It offers functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Learn More on Paycom Software's active insiders. 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 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. Paycom has the ability to serve businesses of all sizes and in every industry. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. Learn More about insider trades at Paycom Software. [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. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. [2] He quickly found the problems that were holding the HR industry back and had a clear vision to fix them. 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. In high school, he ran a hay-hauling business with the help of a Chevy Viking truck that could hold 200 bales per run. hitType: 'event', The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. 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. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. He is one of the longest-serving employees at Facebook. The company has expanded to 20 cities across the country and sold more than 100,000 homes. Expedia was the result of Barton's idea. "If we do it with 99.99% accuracy, we get an F," Richison said. He still runs the company today as CEO, and his skin is very much in the game: he owns 13.2% of shares outstanding a sum worth about $370 million. So It Redesigned Its Iconic Can. 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. During the last year, insiders at the software maker sold shares 7 times. There are 13 older and no younger executives at Paycom Software Inc. On average, Chad trades about 100,284 units every 63 days since 2014. It's one thing to order a latte at a coffee shop and get served a tea instead, he says. On average, Chad trades about 100,284 units every 63 days since 2014. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. And the company ran payroll for more than 23,500 clients nationwide by the end of 2018. Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. } 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. The estimated Net Worth of Chad R. Richison is at least $1.87 Miliarda dollars as of 11 May 2022. 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. Chad Richison Current Workplace. It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. What is Craig E. Boelte's salary? "Investment comes before achievement and that's certainly the case with our people," Richison said. $200 per post at $10/CPM. Get market updates, educational videos, webinars, and stock analysis. In February 2013, the company bought CoMag, the U.S. magazine distributor previously co-owned by Conde Nast and Hearst. Learn More on Chad R. Richison's trading history. document.querySelector("#adunit").addEventListener('click',function(){ }); 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. Authors may own the stocks they discuss. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. According to The Wall Street Journal, if he is awarded the shares, then the CEO could have close to $2B added to his personal wealth. 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. 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. . It has since attracted more than 200 billionaires across the world to its cause. He originally had a two-year contract. ga('ads.send', { This net worth evaluation does not reflect any other investments that Mr. Richison may own. Richardson was able to anticipate where the internet was going and how it could change how business is conducted. 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. Conway also invested in BuzzFeed, Digg, Facebook, Foursquare, Napster, Pinterest, and Twitter. Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. He is also an advisor and venture partner at the venture capital firm Accel Partners. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.73B . The park is Morgan's Wonderland, located in San Antonio, Texas. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. }) "I could make $600 to $700 in cash" per week, he said. Worse, it was far from user-friendly. As the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc, the total compensation of Chad Richison at Paycom Software Inc is $21,138,600. According to Forbes data, Richison has a net worth around $2.9 billion making him the1,064 on a list of the world's billionaires. You may cancel your subscription at anytime by calling There are no executives at Paycom Software Inc getting paid more. Craig E Boelte owns about 260,773 units of Paycom. Paycom's goal is for 100% employee engagement and usage with its database. Billionaire tech entrepreneur Chad Richison, the founder and chief executive of payroll processor Paycom and one of Oklahoma's richest men, has paid a discounted $26.5 million for an idiosyncratic Malibu property that was originally listed at $57.5 million when it first appeared on the market, about 2.5 years ago. The company went public in 2014 and its share prices have surged over the past year and has outperformed the S&P 500. In the early days at Paycom, Richison remembers knocking on doors and making phone calls trying to land new clients. Pattison also owns Ripley's Believe It Or Not and The Guinness Book of World Records. and Jeffrey D York, Chief Sales Officer After selling Veritas to Symantec in 2005, he planned to retire. pg.acq.push(function() { However, when she approached them they shunned her and took their ball and left. He is pictured right with his wife Charis Dr. Xue Fang has her BA from Beijing University and a Ph.D. in Neuroscience from Princeton. Learn More about Chad R. Richison's net worth. "I was a 16-year-old running two crews," Richison said. With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . It's a skill you can learn, too. In 1998, Richison founded Paycom where he serves as its president and chief executive officer as well as its chairman of its board of directors. 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. The most active traders at the company are Paycom's share prices closed at about $378 on Monday, the WSJ reported. What is Paycom boss Chad Richison's net worth? 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. He has given away between 1% to 4.99% of his wealth, the outlet reported. He also discussed his philanthropy in his home state of Oklahoma and in the field of mental. Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection 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, Stocks and cryptocurrency portfolio tracker. On a new IBD podcast, Jon Najarian explains 0DTE options and their unintended impact. Another challenge he faced: convincing potential clients to put their hefty $1 million-plus payrolls under the responsibility of a 27-year-old first-time business owner. Dr. Yan Huo has a BS in Physics from Fudan University and an MA and Ph.D. in Electrical Engineering from Princeton. Customer Service. Revenue at Paycom last year jumped 31% to $566 million. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. (if applicable) for The Wall Street Journal. 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. The compensation package is one of the five largest awards to a CEO since at least 2010,MyLogIQ data shows - according to the Wall Street Journal. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. What's worse, payroll data, time-off requests, attendance records, benefits files, tax-withholding forms and employee reviews were scattered all over. Chad Richison, United States Founder and CEO of Paycom Net worth: $3.4 billion William Gross, United States William Gross co-founded Pacific Investment Management (PIMCO) Net worth: $1.5 billion Rich Barton and Dr. Sarah Barton, United States Morgan's disappointment crushed Hartman and he immediately began searching for an alternative to the typical amusement park where his daughter could have her own recreational needs met and he went ahead and built one after finding that such a place unthinkably didn't already exist. It helps companies manage talent acquisition, time and labor management, talent management, and HR management. 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 company disclosed the compensation package of the Oklahoma City billionaire in the annual proxy statement filed with the Securities and Exchange Commission last week. Chart Data in Insider Trading History Table. Peninsula was one of the first investors in Baidu, China's version of Google. ga('ads.send', { $371.17K . eventCategory: event.slot.getSlotElementId(), Paycom Software, Inc's most recent insider trade came on August 10, 2022 by The award honors business leaders who demonstrate great leadership and dedication to their companies and communities. The shares are currently estimated to be worth around $702M. Chad sun sign is Pisces and his birth flower is Daffodil & Jonquil. Together, they run the Huo Family Foundation which they founded in 2009 to support education, communities, and the pursuit of knowledge. 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. He wanted to create an online travel company. document.querySelector("#ads").addEventListener('click',function(){ *Real-time prices by Nasdaq Last Sale. The corporate mailing address for Mr. Richison and other Paycom Software executives is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. Learn all the ways IBDs top investing tools can help you succeed in the market! 03:17 EST 07 Apr 2021. Notifications can be turned off anytime from browser settings. Jason Clark, chairman of the Paycom boards compensation committee, told the Journal that the full award of shares will only be granted if Richison achieves aggressive performance goals. 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. . Most didn't even have websites. This time it's allowing employees more freedom to input and manage their own HR data. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. He is also the founder and managing partner of Angel Investors LP. Jason Clark, chairman of the Paycom board's compensation committee, told the WSJ that the award depends on Richison 'achieving aggressive performance goals.'. He added: "I worked all day long." 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. Since then, he has grown the company into one of the largest privately-held home builders in the U.S. 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? He co-founded Altos Computer Systems in 1999. "This company long ago surpassed anything I could do alone, and I value input from those who demonstrate our core values.". DocuSign sees its Relative Strength Rating enter the 80-plus level. In 1994, Microsoft planned to create a travel guidebook on a CD-ROM (remember those?). In the last 2 years at Paycom Software, Inc, Chad Richison has sold an estimated value of $13.42M worth. Final Early Bird Pricing! By 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. 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 net worth evaluation does not reflect any other investments that Mr. Richison may own. Ten years later, he was still at Facebook as the Vice President of Infrastructure. "We want to be the best solution for our clients and are always looking at how it can be better, not how great it is. },false) ga('create', 'UA-67136960-15', 'auto', 'ads'); "In order to be successful, you must have a growth mindset," he told IBD. The estimated Net Worth of Chad R. Richison is at least $1.92 Billion dollars as of 11 May 2022. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. His 2020 compensation package makes Richison the highest-paid CEO in the S&P 500 based on disclosures so far, according to research firm MyLogIQ. 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. Save over $170 and access 6 weeks of prograde stock research tools for only $49.95! * His duality is Passive and opposite sun sign is Virgo. eventAction: 'render' He received a 93% approval rating from employees to catapult him to membership in Glassdoor's "Top CEOs 2019" list. Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. In 2016, the couple co-founded King Philanthropies. }); Paycom has the ability to serve businesses of all sizes and in every industry. Chad has 11 jobs listed on their profile. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. ga('ads.send', { Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. . Richison has a net worth of $2.9 billion He has donated $57 million so far Chad Richison, founder and CEO of Paycom, was recently crowned as the highest-paid top executive among S&P 500. Some of the Paycom Software executives is 7501 WEST MEMORIAL ROAD, Oklahoma CITY, OK ; s?! 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