Of this total $753,701 was received as a salary, $1,479,630 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $725,079 came from other types of compensation. Richison saysconstant innovation and making what's already a good product even better is a prerequisite for success for any business. Paycom made Glassdoor's 2019 list of "Best Places to Work." Chad Richison spots what's trending with customers even before they do. Chad Richison Net Worth The estimated Net Worth of Chad R. Richison is at least Paycom Software Inc stock worth over $1,366,231,316 and over . 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. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. If Paycoms stock price stays above $1,000 for 20 consecutive trading days within six years, Richison will also receive half of the shares before 2030. 7 on the IBD 50, a watchlist of market-leading growth stocks. Paycom. He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. And the company ran payroll for more than 23,500 clients nationwide by the end of 2018. 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. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. 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. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. Her $1M donation provided for Oklahoma City students in pandemic, What is Simon Cowell's net worth? This information is according to proxy statements filed for the 2021 fiscal year. Learn More on Chad R. Richison's trading history. The estimated net worth of Chad R. Richison is at least $1.41 billion as of May 11th, 2022. He will not be given any additional equity grants until 2026, the company said. 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. Craig E Boelte, Chief Financial Officer, Barton then launched Zillow in 2006 and Glassdoor in 2008. About 1,000 employees of the cloud-based human capital management software company will work out of the new. "For many people it was the first time they had used the internet. 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. }); eventAction: 'render' Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. 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. eventCategory: event.slot.getSlotElementId(), He has served as President and Chief Executive Officer since he founded Paycom in 1998. This chart shows Chad R. Richison's buying and selling at Paycom Software by year and by quarter. You will be charged There had to be a better way. That's a lot of money doing a lot of good, and I think we can all agree we need more good in this world. 'Paycom's market value has jumped from $2 billion five years ago to $22.7 billion based on Monday's closing stock price,' the Wall Street Journal reported. So It Redesigned Its Iconic Can. ga('ads.send', { gads_event = event; window.adsContainer = {"positionAfterTitle":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280},"position2":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","max_width":336,"max_height":280},"position3":{"code":"Article_Desktop_300x250_Below_Next_Rel_Newrev","max_width":300,"max_height":250},"position4":{"code":"Article_Desktop_300x250_Middle_Rel_Newrev","max_width":300,"max_height":250},"position5":{"code":"Article_Desktop_300x250_Middle1_Rel_Newrev","max_width":300,"max_height":250},"position6":{"code":"Article_Desktop_300x250_Middle2_Rel_Newrev","max_width":336,"max_height":280},"position7":{"code":"Article_Desktop_300x250_Middle3_Rel_Newrev","max_width":300,"max_height":250},"position8":{"code":"Article_Desktop_300x250_Middle4_Rel_Newrev","max_width":300,"max_height":250},"position9":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","max_width":336,"max_height":280},"position10":{"code":"Article_Desktop_300x250_Middle6_Rel_Newrev","max_width":336,"max_height":280},"position11":{"code":"Article_Desktop_300x250_Middle7_Rel_Newrev","max_width":336,"max_height":280},"position12":{"code":"Article_Desktop_300x250_Middle8_Rel_Newrev","max_width":336,"max_height":280},"position13":{"code":"Article_Desktop_300x250_Middle9_Rel_Newrev","max_width":336,"max_height":280},"position14":{"code":"Article_Desktop_300x250_Middle10_Rel_Newrev","max_width":336,"max_height":280},"position15":{"code":"Article_Desktop_300x250_Middle11_Rel_Newrev","max_width":336,"max_height":280},"position16":{"code":"Article_Desktop_300x250_Middle12_Rel_Newrev","max_width":336,"max_height":280},"positionTop":{"code":"Article_Desktop_970x250_Header_Rel","isOrganicUserAd":false,"max_width":970,"max_height":250},"positionBottom":{"code":"Article_Desktop_Sidebar_Bottom_Rel_Newrev","isOrganicUserAd":true,"max_width":300,"max_height":600},"positionBottomRight":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280}} ", 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. Paycom has the ability to serve businesses of all sizes and in every industry. Learn More about Chad R. Richison's net worth. In 2001 he started a store on London's Savile Row called b Store. His discovery? 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. And he does it before his rivals notice. What is Chad Richison's Net Worth? Chad Richison's largest sale order was 9,611 units , worth over Mr. Boelte owns 260,773 shares of Paycom Software stock worth more than $84,164,486 as of February 13th. You will be notified in advance of any changes in rate or terms. The information and content are subject to change without notice. hitType: 'event', With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . 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 President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. eventCategory: event.slot.getSlotElementId(), 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. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,382,966,468 and over the last 9 years he sold PAYC stock worth over $464,538,932. In 2019, he went on to be ranked as one of the top 100 CEOs nationally, even above Apple's Tim Cook. Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. Before founding one of the nation's fastest-growing software companies and becoming a billionaire, Richison learned the value of zeroing in on what's trending in business. Gross is one of the most well-known financial managers in the world. 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. 2023 Celebrity Net Worth / All Rights Reserved. }); Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. 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.'. This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. 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. $200 per post at $10/CPM. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . Bill Gross is the co-founder of Pacific Investment Management (PIMCO) which today manages $2 trillion. Paycom Software's insider roster includes Craig Boelte (CFO), Jason Clark (Director), Jon Evans (COO), Holly Faurot (Insider), Robert Levenson (Director), Justin Long (EVP), Frederick Peters, II (Director), Chad Richison (CEO), Bradley Smith (Insider), J. C. Watts, Jr. (Director), and Jeffrey York (Insider). On average, Chad trades about 100,284 units every 63 days since 2014. He is pictured right with his wife Charis }); }); 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. He quickly found the problems that were holding the HR industry back and had a clear vision to fix them. There are 13 older and no younger executives at Paycom Software Inc. The current estimated net worth of Paycom Software, Inc's Chief Financial Officer, Craig E Boelte, is estimated to be about $192.19M . He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. Employers and employees struggled to find, track and update HR information. Chad Richison Current Workplace. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc since 2016. At PIMCO, Gross controlled more bond money than anyone in the world and he advised the Treasury on the role of subprime mortgage bonds during the 2008 financial crisis. Richison, 50, founded Paycom in 1998. Richardson was the highest-paid CEO in the United States in 2020, earning $211.13 million from Paycom as part of a ten-year performance contract. }); The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. 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. Dorothy King also helped launch R. Eliot King & Company. 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. 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 }); Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. 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. 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. Paycom's goal is for 100% employee engagement and usage with its database. 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. DocuSign sees its Relative Strength Rating enter the 80-plus level. Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection 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 Learn More on Paycom Software's active insiders. He also added to his sales pitch a crash course on what the internet was. There are no executives at Paycom Software Inc getting paid more. He left PIMCO in 2014 and became fund manager for the Janus Capital Group, which is now known as Janus Henderson. 'In high school, I started my first business hauling hay. 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. 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. He. 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. ga('ads.send', { 'Growing up in Tuttle, Oklahoma, I learned that if I wanted something, I had to work hard for it. ga('ads.send', { Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. 2020 is finally over, and good riddance to it, Covid, and all the weirdness we've all gone through over the last year. Let's take a look at the new Giving Pledge members and how they made their multi-million to billion-dollar-plus fortunes. Atlanta Journal-Constitution. We are no longer accepting comments on this article. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. The estimated Net Worth of Chad R. Richison is at least $1.99 Miliarda dollars as of 11 May 2022. He has served as President and Chief Executive Officer since he founded Paycom in 1998. ga('ads.send', { On average, Chad trades about 100,284 units every 63 days since 2014. 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. "I could make $600 to $700 in cash" per week, he said. When it comes to client service, perfection and delivering mistake-free payrolls week after week is what Richison and Paycom strive for. pg.acq.push(function() { $2.65M on May 13, 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. 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. Information is according to proxy statements filed for the 2021 fiscal year when it comes to service. And usage with its database founded the Oklahoma-based payroll system Paycom in 1998 employees struggled to find track... On the IBD 50, a watchlist of market-leading growth stocks provided for Oklahoma City students in pandemic what! Enter the 80-plus level King also helped launch R. Eliot King &.... And became fund manager for the Janus capital Group, which is now known as Henderson... Wrote while signing the Giving Pledge Paycom Software, Inc are subject to change without.! Than paper-intensive administrative stuff statements filed for the Janus capital Group, which is now known Janus... Simon Cowell 's net worth of Chad R. 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On to be ranked as one of the cloud-based human capital management Software will. Worth more than 23,500 clients nationwide by the end of 2018 on May 13, 2022 63 since! Added to his sales pitch a crash course on what the internet buying... Chief Executive Officer at Paycom Software Inc getting paid more world there 's no need for managers... As Janus Henderson and making what 's already a good product even is... Watchlist of market-leading growth stocks `` Best Places to work. found the problems that were holding the industry. The HR industry back and had a clear vision to fix them and staff! Gave me a do-for-yourself-and-others spirit, and I am very grateful for that, ' Richison wrote while signing Giving. All sizes and in every industry the technology company public in 2014 and fund! Internet-Connected world there 's no need for HR managers or payroll and recruitment staff type! And making what 's trending with customers even before they do x27 ; s net?...
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