eventAction: 'load' Chad has 11 jobs listed on their profile. 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. 20:10 EST 06 Apr 2021 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 originally had a two-year contract. eventCategory: event.slot.getSlotElementId(), "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. As a young entrepreneur, Richison credits grit and perseverance from his humble beginnings as setting the stage for his success. Paycom's market value jumped from $2B five years ago to $22.7B based on Monday's, April 5, closing stock price, according to the latest report in the Wall Street Journal. Photo . You can see the complete history of Mr. Richison stock trades at the bottom of the page. The New York Times reported last week that his earnings in 2020 were the most among all CEOs, about four times as much as most others who cracked the Top 10. Biography. 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. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. 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. 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. On a new IBD podcast, Jon Najarian explains 0DTE options and their unintended impact. He has made such an amount of wealth from his primary career as a Actor. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. "No one calls a bank anymore to void a check or transfer money, and we don't email an airline to buy a plane ticket or book a table for dinner over the phone," Richison said. }); The comments below have not been moderated, By 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. He added: "I worked all day long." We are one of the worlds fastest growing Ron Conway was an early investor in Google, Reddit, Facebook, and Airbnb. Jose Neves is a Portuguese billionaire and the founder of the global luxury fashion online platform Farfetch. Hard work is part of his story, too. "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. hitType: 'event', Conway also invested in BuzzFeed, Digg, Facebook, Foursquare, Napster, Pinterest, and Twitter. . Glassdoor sold in 2018 for $1.2 billion to a Japanese human resources company. Peninsula was one of the first investors in Baidu, China's version of Google. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . 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. "I saw an opportunity for people to have something easier to use but also to generate efficiencies to improve their business," Richison said. 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. This documentary-style series follows investigative journalists as they uncover the truth. },false) There are no executives at Paycom Software Inc getting paid more. 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. DocuSign sees its Relative Strength Rating enter the 80-plus level. 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. The company has expanded to 20 cities across the country and sold more than 100,000 homes. Learn More on Chad R. Richison's trading history. "Determination, flexibility, support and belief in yourself will empower you to accomplish your goals. 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. Realtime quote and/or trade prices are not sourced from all markets. So It Redesigned Its Iconic Can. However, when she approached them they shunned her and took their ball and left. And as he got older and began building his own business, he worked even harder. 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. Enter your email address below to get our daily insider buying and selling report. Dead or Alive? "I was a 16-year-old running two crews," Richison said. So, an HR department that inputs, say, 50,000 changes to the database costs the company about $220,000, Paycom estimates. Get notified the next time Chad R. Richison buys or sells Paycom Software stock. and the man everyone runs to when something goes very wrong with the site. Dr. Yan Huo has a BS in Physics from Fudan University and an MA and Ph.D. in Electrical Engineering from Princeton. His background is in the semiconductor industry. Chad Richison is an American entrepreneur who has served as President and Chief Executive Officer of Paycom since its founding. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. }); Richison only gets half of the shares if the company's stock price stays above $1,000 for 20 consecutive trading days within six years, the outlet reported. 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. Chad Richison has served as President and Chief Executive Officer since he founded Paycom in 1998. 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. Paycom CEO breaks down payroll data the company sees amid wage growth and tight labor market Chad Richison, Paycom CEO, joins 'Power Lunch' to discuss wage growth his company is seeing, the. You can see the complete history of Mr. Richison stock trades at the bottom of the page. 11/20/2020 9:23 PM. The information and content are subject to change without notice. Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. Since going public at 15 per share in April 2014, Paycom's stock soared more than 1,400% to roughly 230 a share. He earns a strong 9 out of 10 on the Forbes' self-made score. ga('ads.send', { The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . 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. 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. hitType: 'event', People who sign The Giving Pledge must be billionaires. Chad Richardson's net worth or net income is estimated to be $1 million - $2 million dollars. 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's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. 2020 is finally over, and good riddance to it, Covid, and all the weirdness we've all gone through over the last year. He co-founded Altos Computer Systems in 1999. eventAction: 'click_ads' eventAction: 'render' Once we modemed up, I showed them our software.". The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. He is pictured right with his wife Charis eventCategory: event.slot.getSlotElementId(), Dr. Xue Fang has her BA from Beijing University and a Ph.D. in Neuroscience from Princeton. And we can't do it without a very special guest. On average, Chad trades about 100,284 units every 63 days since 2014. Expedia was the result of Barton's 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. 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. This time it's allowing employees more freedom to input and manage their own HR data. The estimated Net Worth of Chad R. Richison is at least $1.99 Miliarda dollars as of 11 May 2022. Paycom. 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. Barton had a better idea. David Weekly founded Houston-based David Weekly Homes in 1976, when he was 23. Chad Richardson is a famous Canadian actor and singer. document.querySelector("#ads").addEventListener('click',function(){ He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. By 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 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 $1.92 Billion dollars as of 11 May 2022. How Will You Trade the Next Stock Market Swoon? }); As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. Veritas Software, early Facebook employee. After selling Veritas to Symantec in 2005, he planned to retire. Today's guest is Paycom founder and CEO Chad Richison. Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. 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. 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. Insider trading is most common in May, with the busiest year in 2015. Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. Learn More on Chad R. Richison's trading history. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. 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. 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. What's worse, payroll data, time-off requests, attendance records, benefits files, tax-withholding forms and employee reviews were scattered all over. About 1,000 employees of the cloud-based human capital management software company will work out of the new. 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 BREAKING: Salesforce Soars Late On Earnings, Guidance, Buyback, Chad Richison, CEO of Paycom, shows you how to spot trending changes that can be big business. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.73B . And founded R. Eliot King & Company and Peninsula Capital. . 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. eventCategory: event.slot.getSlotElementId(), As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. Already a member? window.googletag.pubads().addEventListener('slotOnload', function(event) { and Jeffrey D York, Chief Sales Officer }) Listening to employees, too, helps you spot shifts even your customers might not notice. Gordon Hartman founded Gordon Hartman Homes in 1983 in San Antonio, Texas. 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. Not only did he have to sell his new business idea. "Investment comes before achievement and that's certainly the case with our people," Richison said. ". Paycom has the ability to serve businesses of all sizes and in every industry. 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. In the last 8 years, insiders at Paycom Software, Inc have sold an estimated value of $7.88B One bright spot, though, is The Giving Pledge and its new members. Frederick C. Peters II who sold 1,000 units worth 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. "If we do it with 99.99% accuracy, we get an F," Richison said. "I could make $600 to $700 in cash" per week, he said. He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. 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. Worse, it was far from user-friendly. That same year, he launched the footwear brand Swear. Chad Richison generously gifted $25 million since 2015 combined to the University of Central Oklahoma. if(document.querySelector("#ads")){ * His duality is Passive and opposite sun sign is Virgo. You may cancel your subscription at anytime by calling 03:17 EST 07 Apr 2021. 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. }); 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. eventAction: 'click_adunit' But the good news is, if China invades Taiwan, there is a way to protect yourself. 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. }) 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. There are no executives at Paycom Software Inc getting paid more. The most active traders at the company are 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. It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. 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. "In the '90s, you had one or two people in payroll that knew the system, and you had to call them." There are 13 older and no younger executives at Paycom Software Inc. and bought an estimated value of $3.73M worth of shares. The donations mainly funded the university's athletic program, including the locker rooms and training facilities. The shares are currently estimated to be worth around $702M. 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. Chad Richison owns about 4,727,569 units of Paycom Software, Inc common stock. "In order to be successful, you must have a growth mindset," he told IBD. 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. Interactive chart of historical net worth (market cap) for Paycom Software (PAYC) over the last 10 years. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. He grabbed it. Chad Richison Current Workplace. 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. In 2003, Expedia was bought by IAC for $3.6 billion. Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection The pay was pretty good, too. 'Growing up in Tuttle, Oklahoma, I learned that if I wanted something, I had to work hard for it. 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. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. 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. Learn all the ways IBDs top investing tools can help you succeed in the market! In 2001 he started a store on London's Savile Row called b Store. He has had success with his investments in Google, Ask Jeeves, and PayPal. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. 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. Dorothy King also helped launch R. Eliot King & Company. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. According to our database, Chad Richardson is still alive. What is Chad Richison's Net Worth? 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. He became known for his abilities to identify and exploit inefficiencies in markets and adjusting his strategies as PIMCO grew. Learn More on Chad R. Richison's contact information. pg.acq.push(function() { Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. 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. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. 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." On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! He is 52 years old. 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. '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. *Real-time prices by Nasdaq Last Sale. 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. Insiders at Paycom Software own 15.2% of the company. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. According to the Journal citing MyLogIQ data, Richisons compensation package is considered to be one of the five-largest awards to a CEO since 2010. ga('ads.send', { 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. 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. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. MEAWW is an initialism for Media Entertainment Arts WorldWide. . Learn about Chad Richardson Net Worth, Biography, Age, Birthday, Height, Early Life, Family, Dating, Partner, Wiki, and Facts. hitType: 'event', The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. Neves became a billionaire in September 2018, when Farfetch made its IPO on the New York Stock Exchange. It helps companies manage talent acquisition, time and labor management, talent management, and HR management. Most didn't even have websites. hitType: 'event', pg.acq.push(function() { Inside his million dollar fortune, Syco Music earnings and lavish homes. The estimated Net Worth of Chad R. Richison is at least $1.87 Miliarda dollars as of 11 May 2022. A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). He has made such an amount of wealth from his primary career as a Actor. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. ga('ads.send', { Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc since 2016. 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 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. 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.