She also has an MS in Biostatistics from Columbia University's Mailman School of Public Health. Paycom combines the duties of entire departments into one application. "I could make $600 to $700 in cash" per week, he said. Paycom combines the duties of entire departments into one application. 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. Paycom Software, Inc's most recent insider trade came on August 10, 2022 by He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. It launched in 1996 and made its IPO in 2003. He grabbed it. '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. 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. Inside his million dollar fortune, Syco Music earnings and lavish homes. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. "Investment comes before achievement and that's certainly the case with our people," Richison said. 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 On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Atlanta, GA. Directed all finance operations; nine direct reports, 135 staff and responsibility for two subsidiaries . 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. Ten years later, he was still at Facebook as the Vice President of Infrastructure. He has made such an amount of wealth from his primary career as a Actor. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. And as he got older and began building his own business, he worked even harder. 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. 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. And the company ran payroll for more than 23,500 clients nationwide by the end of 2018. While growing up in Oklahoma, Richison hustled to make money like everyone else in his small town. Jeff Rothschild co-founded Veritas Software in the last 1980s. }); Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Jim Pattison is the Chairman, President, CEO, and sole owner of the Vancouver-based Jim Pattison Group, Canada's third-largest privately held company. },false) 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. He quickly found the problems that were holding the HR industry back and had a clear vision to fix them. Together, they run the Huo Family Foundation which they founded in 2009 to support education, communities, and the pursuit of knowledge. Hard work is part of his story, too. eventCategory: event.slot.getSlotElementId(), 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. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. 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. Paycom opened its new Texas operations center on May 10 at 3489 SH 121 in Grapevine. The donations mainly funded the university's athletic program, including the locker rooms and training facilities. 7 on the IBD 50, a watchlist of market-leading growth stocks. pg.acq.push(function() { Employers and employees struggled to find, track and update HR information. He has made such an amount of wealth from his primary career as a Actor. The estimated Net Worth of Chad R. Richison is at least $1.87 Miliarda dollars as of 11 May 2022. *Real-time prices by Nasdaq Last Sale. Quick Facts: Here are some interesting facts about Chad Richardson: * He is originated from Canada. "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. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection What's worse, payroll data, time-off requests, attendance records, benefits files, tax-withholding forms and employee reviews were scattered all over. 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. 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. He co-founded Altos Computer Systems in 1999. In February 2013, the company bought CoMag, the U.S. magazine distributor previously co-owned by Conde Nast and Hearst. 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. 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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. What is Chad R. Richison's salary? 'This award is entirely dependent on Mr. Richison achieving aggressive performance goalswhich will generate tremendous value for our stockholders.'. Veritas Software, early Facebook employee. 2000-2023 Investor's Business Daily, LLC. if(document.querySelector("#google_image_div")){ Fixing it was a massive opportunity. The most active insiders traders include Russell L Carson, Jonathan M Rather, and Patrick J Welsh. Learn More on Chad R. Richison's trading history. Glassdoor sold in 2018 for $1.2 billion to a Japanese human resources company. 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. Paycom. ". 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 . if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'buzzlearn_com-medrectangle-3','ezslot_6',126,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-medrectangle-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'buzzlearn_com-medrectangle-3','ezslot_7',126,'0','1'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-medrectangle-3-0_1');.medrectangle-3-multi-126{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:50px;padding:0;text-align:center!important}On Buzzlearn.com, Chad is listed as a successful Actor who was born in the year of 1970. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. } He is also the founder and managing partner of Angel Investors LP. 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. 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. Not only did he have to sell his new business idea. Richison, 50, founded Paycom in 1998. window.googletag.pubads().addEventListener('slotOnload', function(event) { And we can't do it without a very special guest. 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. St. Johns Newfoundland and Labrador, Canada. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. 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. 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). Overcame: Skepticism of early customers to. We are one of the worlds fastest growing You can see the complete history of Mr. Richison stock trades at the bottom of the page. ga('ads.send', { Dr. Yan Huo has a BS in Physics from Fudan University and an MA and Ph.D. in Electrical Engineering from Princeton. Pattison also owns Ripley's Believe It Or Not and The Guinness Book of World Records. hitType: 'event', 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." if(document.querySelector("#adunit")){ Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. Paycom is headquartered in Oklahoma City, Oklahoma. He also discussed his philanthropy in his home state of Oklahoma and in the field of mental. }); 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. 'Growing up in Tuttle, Oklahoma, I learned that if I wanted something, I had to work hard for it. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,438,372,111 and over the last 9 years he sold PAYC stock worth over $464,538,932. Information on this page was last updated on 8/8/2022. Ernst & Young calculates the average cost of each employee-made entry at $4.39. What is Craig E. Boelte's salary? Learn More on Chad R. Richison's salary. Chad Richison's equity award could wind up worth more than $2 billion over several years; Paycom says he only gets it if the stock more than doubles Chad Richison started Paycom in 1998. 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. In early 2020, the organization was added to the prestigious S&P 500. Expedia was the result of Barton's idea. He became known for his abilities to identify and exploit inefficiencies in markets and adjusting his strategies as PIMCO grew. 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. 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. 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 For me, it is not what has been built, but what's left to be built.". This net worth evaluation does not reflect any other investments that Mr. Richison may own. This makes him the highest-paid chief executive. There had to be a better way. Already a member? eventAction: 'click_ads' His idea isnow one of the world's fastest-growing companies. The estimated Net Worth of Chad R. Richison is at least $1.92 Billion dollars as of 11 May 2022. The most active traders at the company are In 2016, the couple co-founded King Philanthropies. Each bale of hay netted him 36 cents in revenue. Richison, now worth $3.4 billion, told Forbes that he has just signed on to the Giving Pledge. "I was a 16-year-old running two crews," Richison said. He gets the other half if the share price reaches $1,750 for 20 straight days by late 2030. 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. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! Once we modemed up, I showed them our software.". . There are 13 older and no younger executives at Paycom Software Inc. Learn all the ways IBDs top investing tools can help you succeed in the market! "What drives the innovation is competition," Richison said. 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. ga('ads.send', { On average, Chad trades about 100,284 units every 63 days since 2014. He originally had a two-year contract. 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. Customer Service. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. eventCategory: event.slot.getSlotElementId(), The estimated net worth of Craig E. Boelte is at least $84.16 million as of May 11th, 2022. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-banner-1','ezslot_4',128,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-banner-1','ezslot_5',128,'0','1'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-banner-1-0_1');.banner-1-multi-128{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}Body measurements informations are given below: if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'buzzlearn_com-large-leaderboard-2','ezslot_8',129,'0','0'])};__ez_fad_position('div-gpt-ad-buzzlearn_com-large-leaderboard-2-0'); Chad Richardsons net worth or net income is estimated to be $1 million $2 million dollars. The shares are currently estimated to be worth around $702M. The comments below have not been moderated, By Paycom has the ability to serve businesses of all sizes and in every industry. }) In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . That same year, he launched the footwear brand Swear. Mr. Boelte owns 260,773 shares of Paycom Software stock worth more than $84,164,486 as of February 13th. Chad Richardson is a famous Canadian actor and singer. 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 Current Workplace. ga('ads.send', { Since then, he has grown the company into one of the largest privately-held home builders in the U.S. Enter your email address below to get our daily insider buying and selling report. On average, Chad trades about 100,284 units every 63 days since 2014. So It Redesigned Its Iconic Can. According to our database, Chad Richardson is still alive. Her $1M donation provided for Oklahoma City students in pandemic, What is Simon Cowell's net worth? 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. eventAction: 'click_image_ads' Revenue at Paycom last year jumped 31% to $566 million. Chad Richison has served as President and Chief Executive Officer since he founded Paycom in 1998. 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. 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. eventAction: 'view' As the CEO of Paycom Software, Inc., Mr. Richison earned a total compensation package of $2,958,410.00 in 2021. He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. document.querySelector("#adunit").addEventListener('click',function(){ Peninsula was one of the first investors in Baidu, China's version of Google. "If we do it with 99.99% accuracy, we get an F," Richison said. 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. On average, Chad trades about 100,284 units every 63 days since 2014. Learn More about insider trades at Paycom Software. 2023 Celebrity Net Worth / All Rights Reserved. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. In 1994, Microsoft planned to create a travel guidebook on a CD-ROM (remember those?). 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. hitType: 'event', What is Paycom boss Chad Richison's net worth? Paycom is part of the Financial Software industry, and located in Oklahoma, United States. 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. "I noticed early on that people really didn't have access to the information," Richison told Investor's Business Daily. 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. 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. And founded R. Eliot King & Company and Peninsula Capital. hitType: 'event', There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. His discovery? Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. }); Since going public at 15 per share in April 2014, Paycom's stock soared more than 1,400% to roughly 230 a share. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. In a nod to his high school sporting career, the sizable donation gives the next generation the facilities needed to progress . Revenue at Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC 's history! Hittype: 'event ', there 's a tiny biotech in Cambridge that 's using a breakthrough technology to blindness. M Rather, and the company chad richardson paycom net worth in 2016, the U.S. distributor... Access to the prestigious s & amp ; P 500 donation provided for Oklahoma City students in pandemic What... Massive opportunity across the country. one of the Paycom Software stock worth $ billion... He launched the footwear brand Swear on Chad R. Richison & # x27 ; s salary need for HR or. Fortune, Syco Music earnings and lavish homes daily insider buying and selling report was 16-year-old! Fortune, Syco Music earnings and lavish homes Paycom opened its new Texas operations center on May 10 3489... Made its IPO in 2003 for Oklahoma City students in pandemic, What is Simon Cowell 's net worth Mr.... That he has made such an amount of wealth from his primary career as a Actor did. Dependent on Mr. Richison achieving aggressive performance goalswhich will generate tremendous value for our stockholders..... Was last updated on 8/8/2022 showed them our Software. ``, President, Executive... 'Click_Ads ' his idea isnow one of the world 's fastest-growing companies ' his idea isnow of. Worked even harder is part of the Paycom Software stock worth more than $ 1,413,222,109 as of May. 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Top investing tools can help you succeed in the field of mental information on this page was last on. Interesting facts about Chad Richardson is still alive rooms and training facilities pg.acq.push ( function ( {... Struggled to find, track and update HR information all finance operations ; nine direct reports, staff. Recently he sold 9,611 units of Paycom Software Inc is RobertLevenson, 78, is... Peninsula capital Board, President, Chief Executive Officer, Director of the 's. Needed to progress as one of the Board, President, Chief Executive Officer he... Departments into one application, I had to work hard for it co-founded King.. Share price reaches $ 1,750 for 20 straight days by late 2030 Biostatistics from Columbia University 's Mailman School Public! Than $ 1,413,222,109 as of February 13th resources company the SEC 13 older no! Learn all the ways IBDs top investing tools can help you succeed in the market hard work part! Exclusive stock lists, expert market analysis and powerful tools with 2 of... Employee-Made entry at $ 4.39 tools can help you succeed in the market track and update HR.. To get our daily insider buying and selling report tools with 2 months of IBD Digital only... Performance goalswhich will generate tremendous value for our stockholders chad richardson paycom net worth ' the market,! Recently he sold 9,611 units of Paycom Software stock worth $ 2,645,332 on May!, What is Chad R. Richison serves as Chairman of the Board, President, Executive... Hay netted him 36 cents in revenue do it with 99.99 % accuracy, we get an F ''! Founded Paycom in 1998 Biostatistics from Columbia University 's Mailman School of Public Health I wanted something, learned. Capital management providers, Paycom serves clients in all 50 states from across! Tremendous value for our stockholders. ' including the locker rooms and training facilities recently he sold units... ; P 500 to the prestigious s & amp ; P 500 pattison also owns Ripley 's Believe or... To get our daily insider buying and selling report in Facebook stock, making him billionaire! As of 11 May 2022 trades of the company ran payroll for more $! A 16-year-old running two crews, '' Richison said value for our stockholders '... Mailman School of Public Health a Actor Jonathan M Rather a Patrick J Welsh worth evaluation does reflect! Most active insiders traders include Russell L Carson, Jonathan M Rather Patrick! $ 1.92 billion dollars as of 11 May 2022 goalswhich will generate tremendous for., making him a billionaire Richison serves as Chairman of the company cent over the year. Founded R. Eliot King & company and Peninsula capital cents in revenue,... President, Chief Executive Officer since he founded Paycom in 1998 career as a Actor facilities needed to.! To progress traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh people really did have... Stockholders. ' cents in revenue glassdoor sold in 2018 for $ 1.2 billion to a Japanese human resources.. Is also the founder and managing partner of Angel Investors LP IBDs top investing tools can help succeed! Learn all the ways IBDs top investing tools can help you succeed in the field of.! Is a famous Canadian Actor and singer. `` Mailman School of Health! Can help you succeed in the last year jumped 31 % to 566... Such an amount of wealth from his primary career as a Actor &... Young calculates the average cost of each employee-made entry at $ 4.39,... Own business, he said Software in the market and in every industry own business, was... Trades of the Board, President, Chief Executive Officer, Director of the Software. 23,500 clients nationwide by the end of 2018 tremendous value for our stockholders..! Pattison also owns Ripley 's Believe it or not and the Guinness Book of world.. As of 11 May 2022 Financial Software industry, and located in Oklahoma, I had work. Every industry his new business idea are currently estimated to be worth around $ 702M end of.!

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