Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. She also has an MS in Biostatistics from Columbia University's Mailman School of Public Health. 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. The price is currently at less than $400. The most active traders at the company are His first name is Chad and his last name is Richardson. The most recent insider tranaction occured on August, 8th when Director Frederick C Peters II sold 1,000 shares worth more than $371,170.00. 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 This net worth evaluation does not reflect any other investments that Mr. Richison may own. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. "On my first sales calls I used to carry AOL and Prodigy diskettes and 25-foot, 50-foot and even 100-foot phone cords to make sure I could get a dedicated phone line; we were on dial-up back then," Richison said. }); Ron Conway was an early investor in Google, Reddit, Facebook, and Airbnb. 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. 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. There are no executives at Paycom Software Inc getting paid more. 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, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. Expedia was the result of Barton's idea. eventCategory: event.slot.getSlotElementId(), Let's take a look at the new Giving Pledge members and how they made their multi-million to billion-dollar-plus fortunes. pg.acq.push(function() { He has had success with his investments in Google, Ask Jeeves, and PayPal. Frederick C. Peters II who sold, In the last 8 years, insiders at Paycom Software, Inc have sold an estimated value of, Mailing address is 7501 W. Memorial Road Oklahoma City OK 73142 OK. ", 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. and bought an estimated value of $3.73M worth of shares. They sold a total of 20,721 shares worth more than $5,812,707.66. The Giving Pledge was founded by Bill and Melinda Gates and Warren Buffet in 2010 as a "movement of philanthropists who commit to giving the majority of their wealth to philanthropy or charitable causes, either during their lifetimes or in their wills." How Will You Trade the Next Stock Market Swoon? The estimated net worth of Chad R. Richison is at least $1.41 billion as of May 11th, 2022. Paycom has the ability to serve businesses of all sizes and in every industry. "If we do it with 99.99% accuracy, we get an F," Richison said. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . }); This net worth evaluation does not reflect any other investments that Mr. Richison may own. He is one of the longest-serving employees at Facebook. Paycom combines the duties of entire departments into one application. The shares are currently estimated to be worth around $702M. Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. } 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. Photo . It's one thing to order a latte at a coffee shop and get served a tea instead, he says. , updated [2] He has served as President and Chief Executive Officer since he founded Paycom in 1998. The estimated Net Worth of Chad R. Richison is at least $1.99 Miliarda dollars as of 11 May 2022. . 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. This chart shows Chad R. Richison's buying and selling at Paycom Software by year and by quarter. 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. Chad Richison has served as President and Chief Executive Officer since he founded Paycom in 1998. The estimated Net Worth of Chad R. Richison is at least $1.85 Miliarda dollars as of 11 May 2022. ga('create', 'UA-67136960-15', 'auto', 'ads'); (if applicable) for The Wall Street Journal. DocuSign sees its Relative Strength Rating enter the 80-plus level. 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. eventCategory: event.slot.getSlotElementId(), document.querySelector("#google_image_div").addEventListener('click',function(){ Overcame: Skepticism of early customers to. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. 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. He quickly found the problems that were holding the HR industry back and had a clear vision to fix them. }) The park is Morgan's Wonderland, located in San Antonio, Texas. 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. Chad sun sign is Pisces and his birth flower is Daffodil & Jonquil. And he does it before his rivals notice. What is Craig E. Boelte's salary? After selling Veritas to Symantec in 2005, he planned to retire. You may cancel your subscription at anytime by calling Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. 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. 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. What is Chad Richison's Net Worth? 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. The Blackstone Group currently manages nearly $190 billion in assets for various companies. Paycom combines the duties of entire departments into one application. He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. 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. $200 per post at $10/CPM. hitType: 'event', The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. The status quo, he concluded, was inefficient, error-prone and in need of repair. Richison, 50, founded Paycom in 1998. He will not be given any additional equity grants until 2026, the company said. In addition to his work with The Blackstone Group, he pays for the education of over a hundred disadvantaged children in New York City, and reportedly personally reviews their report cards and writes to them each semester. Jan 2001 - Mar 20076 years 3 months. [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 and his crews were good at stacking, Richison says, which meant farmers could fit more bales of hay in their barns. Learn More on Paycom Software's active insiders. 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. $371.17K . Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. hitType: 'event', But the good news is, if China invades Taiwan, there is a way to protect yourself. window.googletag.pubads().addEventListener('impressionViewable', function(event) { Learn More about Chad R. Richison's net worth. Get notified the next time Chad R. Richison buys or sells Paycom Software stock. gads_event = event; In addition to that, Richison was awarded 1.61M restricted shares in November of last year as a part of the compensation, which he will only receive if the companys share price more than double by 2030. Chart Data in Insider Trading History Table. On a new IBD podcast, Jon Najarian explains 0DTE options and their unintended impact. He has served as President and Chief Executive Officer since he founded Paycom in 1998. His estimated earning is $1 million $2 million. "If someone's tax information is wrong or they don't get paid on time or they thought they enrolled their child in a health insurance plan only to find out later they aren't enrolled, that's failure in our business," Richison said. Gross is one of the most well-known financial managers in the world. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Each bale of hay netted him 36 cents in revenue. The donations mainly funded the university's athletic program, including the locker rooms and training facilities. 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. and Jeffrey D York, Chief Sales Officer Chad Richardson's net worth or net income is estimated to be $1 million - $2 million dollars. 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 Submit a correction suggestion and help us fix it. }); People who sign The Giving Pledge must be billionaires. During the last year, insiders at the software maker sold shares 7 times. 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. Atlanta, GA. Directed all finance operations; nine direct reports, 135 staff and responsibility for two subsidiaries . eventCategory: event.slot.getSlotElementId(), As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . pg.acq.push(function() { 'Mr. Bill Gross is the co-founder of Pacific Investment Management (PIMCO) which today manages $2 trillion. eventAction: 'click_image_ads' He has served as President and Chief Executive Officer since he founded Paycom in 1998. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. },false) He co-founded Altos Computer Systems in 1999. Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. Paycom opened its new Texas operations center on May 10 at 3489 SH 121 in Grapevine. One bright spot, though, is The Giving Pledge and its new members. Few business owners then knew much about what was then called the World Wide Web. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. } 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. hitType: 'event', 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. 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. 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). For me, it is not what has been built, but what's left to be built.". Richison's observation set his success in motion. As the CEO of Paycom Software, Inc., Mr. Richison earned a total compensation package of $2,958,410.00 in 2021. hitType: 'event', and the man everyone runs to when something goes very wrong with the site. 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. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. Today's guest is Paycom founder and CEO Chad Richison. }); 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. He originally had a two-year contract. While growing up in Oklahoma, Richison hustled to make money like everyone else in his small town. ga('ads.send', { He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. 2000-2023 Investor's Business Daily, LLC. . 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. The estimated net worth of Chad R. Richison is at least $1.35 billion as of May 11th, 2022. He has made such an amount of wealth from his primary career as a Actor. "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. First name is Chad and his birthplace is St. Johns Newfoundland and Labrador, Canada he... Managers in the mid-90s with an entrenched payroll and recruitment staff to type in employee data Pledge... Oklahoma & # x27 ; s guest is Paycom founder and CEO Chad Richison has served President. Largest trade he 's ever made was selling 1,500,000 units of Paycom Software Inc is RobertLevenson,,! Fix them. } ) ; Ron Conway was an early investor in,! China is on the cusp of chad richardson paycom net worth full scale invasion is Pisces and his crews were good at,. Active traders at the Software maker sold shares 7 times days with the trade... 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