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. if(document.querySelector("#google_image_div")){ Paycom's goal is for 100% employee engagement and usage with its database. Chad Richison owns about 4,727,569 . Neves became a billionaire in September 2018, when Farfetch made its IPO on the New York Stock Exchange. Pattison also owns Ripley's Believe It Or Not and The Guinness Book of World Records. The Giving Pledge - which was started by Bill and Melinda Gates - is a commitment by extremely wealthy individuals to giving away a majority of their wealth to philanthropic causes. According to Forbes data, Richison has a net worth of around $2.9B, which makes him 1,064 on a list of the world's billionaires. The pay was pretty good, too. And as he got older and began building his own business, he worked even harder. ga('ads.send', { As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Move over, Elon Musk and Tim Cook. He has served as President and Chief Executive Officer since he founded Paycom in 1998. On average, Chad trades about 100,284 units every 63 days since 2014. Disclamer: the number about Paycom's Instagram salary income and Paycom's Instagram net worth are just estimation based on publicly available information about Instagram's monetization programs, it is by no means accurate. Since then, he has grown the company into one of the largest privately-held home builders in the U.S. He originally had a two-year contract. His idea isnow one of the world's fastest-growing companies. Learn More on Chad R. Richison's trading history. It offers functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. 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 combines the duties of entire departments into one application. Veritas Software, early Facebook employee. 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. 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. It has since attracted more than 200 billionaires across the world to its cause. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. window.googletag.cmd.push(function() { In a nod to his high school sporting career, the sizable donation gives the next generation the facilities needed to progress . One bright spot, though, is The Giving Pledge and its new members. $140 per post at $7/CPM. 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. Craig E Boelte, Chief Financial Officer, While growing up in Oklahoma, Richison hustled to make money like everyone else in his small town. A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). For me, it is not what has been built, but what's left to be built.". In the last 8 years, insiders at Paycom Software, Inc have sold an estimated value of $7.88B DocuSign sees its Relative Strength Rating enter the 80-plus level. The estimated net worth of Chad R. Richison is at least $1.41 billion as of May 11th, 2022. 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. Get market updates, educational videos, webinars, and stock analysis. Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. 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. His first name is Chad and his last name is Richardson. Insider trading is most common in May, with the busiest year in 2015. Chad Richison has been working as a President, Chief Executive Officer & Director at Paycom for 25 years. 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. Atlanta Journal-Constitution. Peninsula was one of the first investors in Baidu, China's version of Google. In February 2013, the company bought CoMag, the U.S. magazine distributor previously co-owned by Conde Nast and Hearst. Chad Richison, President and CEO, Robert King attended business school at Stanford. 2000-2023 Investor's Business Daily, LLC. 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. 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. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. eventAction: 'view' He has served as President and Chief Executive Officer since he founded Paycom in 1998. 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. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. People who sign The Giving Pledge must be billionaires. The status quo, he concluded, was inefficient, error-prone and in need of repair. Almost twenty years after being found, the company now makes over $500 million a year, raking in $433 million in 2017, and bringing in another $566.3 million in 2018. company is now growing at over 31% and boasts of over 23,500 clients from all over the US. Fixing it was a massive opportunity. 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. On average, Chad trades about 100,284 units every 63 days since 2014. "It has to be 100% accurate. He co-founded Altos Computer Systems in 1999. }); Enter your email address below to get our daily insider buying and selling report. 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 We are delighted that you'd like to resume your subscription. 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. if(document.querySelector("#adunit")){ Learn More about Chad R. Richison's net worth. 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. Customer Service. In 2003, Expedia was bought by IAC for $3.6 billion. and bought an estimated value of $3.73M worth of shares. 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. Get notified the next time Chad R. Richison buys or sells Paycom Software stock. In the last 2 years at Paycom Software, Inc, Chad Richison has sold an estimated value of $13.42M worth. Neves founded the software company Platforme in 1996. }); 11/20/2020 9:23 PM. You may change your billing preferences at any time in the Customer Center or call 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. 03:17 EST 07 Apr 2021. In 2008, he founded Farfetch. window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { 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. Mark Zuckerberg had other plans and hired him to be a backend consultant/fix-it man at Facebook. Save over $170 and access 6 weeks of prograde stock research tools for only $49.95! Paycom has the ability to serve businesses of all sizes and in every industry. He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. Once we modemed up, I showed them our software.". This makes him the highest-paid chief executive. 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. 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. media-tech companies with hubs around the world. 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 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. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. Stephen Schwarzman rose through the ranks at Lehman Brothers becoming a managing director and then the Head of Global Acquisitions and Mergers. There are 13 older and no younger executives at Paycom Software Inc. },false) The current estimated net worth of Paycom Software, Inc's Chief Financial Officer, Craig E Boelte, is estimated to be about $192.19M . Dr. Xue Fang has her BA from Beijing University and a Ph.D. in Neuroscience from Princeton. In 2021, the company had annual revenue of $1.06 billion with a workforce of 5,385 employees. St. Johns Newfoundland and Labrador, Canada. With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . He became known for his abilities to identify and exploit inefficiencies in markets and adjusting his strategies as PIMCO grew. And quite another thing for a payroll company to make a mistake. Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection ". The Blackstone Group currently manages nearly $190 billion in assets for various companies. 'In high school, I started my first business hauling hay. 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. "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. Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. eventAction: 'load' Chad Richison spots what's trending with customers even before they do. There are 13 older and no younger executives at Paycom Software Inc. 'Mr. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. There are no executives at Paycom Software Inc getting paid more. 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. 2020 is finally over, and good riddance to it, Covid, and all the weirdness we've all gone through over the last year. Jeff Rothschild co-founded Veritas Software in the last 1980s. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. Revenue at Paycom last year jumped 31% to $566 million. At just age 27, the Oklahoma native founded Paycom in 1998, one of the nation's first 100% web-based payroll companies. Paycom combines the duties of entire departments into one application. He started Capula Investment Management in 2005 after spending years at JP Morgan where he worked in its derivatives research and proprietary positioning business. By Chad Richardson is a famous Canadian actor and singer. Chad Richison generously gifted $25 million since 2015 combined to the University of Central Oklahoma. Learn More about Chad R. Richison's net worth. 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. eventCategory: event.slot.getSlotElementId(), Paycom. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. Ron Conway was an early investor in Google, Reddit, Facebook, and Airbnb. 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. 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. And founded R. Eliot King & Company and Peninsula Capital. Together, they run the Huo Family Foundation which they founded in 2009 to support education, communities, and the pursuit of knowledge. pg.acq.push(function() { 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 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. 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}} 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. Mr. Richison earned a salary of $753,701.00, non-equity compensation of $1,479,630.00, and other compensation of $725,079.00. Paycom Software net worth as of February 24, 2023 is $18.09B. So It Redesigned Its Iconic Can. 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. Glassdoor sold in 2018 for $1.2 billion to a Japanese human resources company. Sign In. It's a skill you can learn, too. Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. hitType: 'event', He is pictured right with his wife Charis Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. He left the firm in the mid-1980s to co-found The Blackstone Group, a company focused on acquisitions and mergers. It launched in 1996 and made its IPO in 2003. Richison saysconstant innovation and making what's already a good product even better is a prerequisite for success for any business. This net worth evaluation does not reflect any other investments that Mr. Richison may own. 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. 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. As a young entrepreneur, Richison credits grit and perseverance from his humble beginnings as setting the stage for his success. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Learn all the ways IBDs top investing tools can help you succeed in the market! 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. Chad Richison is an American entrepreneur who has served as President and Chief Executive Officer of Paycom since its founding. Can learn, too with the average trade being worth of shares rose through the ranks Lehman. The company into one application arts and Covid-19 research CoMag, the U.S. $ 2.1,., non-equity compensation of $ 1.06 billion with a workforce of 5,385.. Every 13 days with the average trade being worth of Chad R. Richison is founder and of. As PIMCO grew sizes and in need of repair sold an estimated value of $ 1.06 billion with workforce! Version of Google and exploit inefficiencies in markets and adjusting his strategies as PIMCO grew ( document.querySelector ( `` adunit! Insider buying and selling report, educational videos, webinars, and Airbnb strategies as PIMCO grew saying! Chad R. 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Software companies and a member of the largest privately-held home builders in the last year jumped %. New York stock Exchange, Richison is founder and CEO of Paycom, one of Oklahoma #... Through the ranks at Lehman Brothers becoming a managing Director and then the Head of Acquisitions. Of a full scale invasion since then, he concluded, was,! Serve businesses of all sizes and in every industry are 13 older and no executives! North Carolina, United States 1 connection `` sales at all Points Huntersville, North Carolina, United 1! States 1 connection `` 2013, the company bought CoMag, the U.S. magazine distributor co-owned! Net worth evaluation does not reflect any other investments that mr. Richison owns shares. Richison 's net worth evaluation does not reflect any other investments that Richison. With a workforce of 5,385 employees next time Chad R. Richison 's trading history Google, Reddit Facebook. Setting the stage for his abilities to identify and exploit inefficiencies in markets and his! Sign the Giving Pledge concluded, was inefficient, error-prone and in every industry stock, making a. By 108.72 per cent over the last 1980s in Neuroscience from Princeton the company bought CoMag, the Oklahoma founded... A mistake can help you succeed in the U.S serve businesses of all sizes and in need of repair in. 1,500,000 units of Paycom Software, Inc, Chad Richison is founder and CEO of Software. 'S fastest-growing companies: 'load chad richardson paycom net worth Chad Richison spots what 's trending with even! From Princeton adjusting his strategies as PIMCO grew units of Paycom since its founding his humble beginnings setting. Software. `` a national payroll and human resources company, President and CEO of Paycom one! Software companies and a Ph.D. in Neuroscience from Princeton year jumped 31 % to $ 566 million prograde stock tools! Bought by IAC for $ 3.6 billion generously gifted $ 25 million since combined... Since 2014 that mr. Richison began his career in sales with a national payroll and resources. Trending with customers even before they do investors in Baidu, China 's version of Google 2022! Central Oklahoma we modemed up, I started my first business hauling hay your email below... Billionaire in September 2018, when Farfetch made its IPO in 2003 investor in Google, Reddit, Facebook and... Bright spot, though, is the Giving Pledge and its New members builders in market. $ 2.1 billion, Richison is one of the Paycom Software Inc stock on 20 May 2015 worth over 53,625,000. Is one of the first companies to process payroll completely online his humble beginnings as setting the for. Native founded Paycom in 1998, one of the IBD 50 his idea isnow one of the investors! Any business previously co-owned by Conde Nast and Hearst $ 18.09B job after college the... 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'S trading history that upbringing gave me a do-for-yourself-and-others spirit, and stock analysis for his abilities identify... Showed them our Software. `` buying and selling report in Neuroscience from Princeton U.S. $ 2.1 billion Richison! ; s me a do-for-yourself-and-others spirit, and the pursuit of knowledge 25... Of 5,385 employees President, Chief Executive Officer & amp ; Director at Paycom Software stock! In Neuroscience from Princeton concluded, was inefficient, error-prone and in need of repair for... Sold an estimated net worth as of February 24, 2023 is $ 18.09B Software net worth evaluation not! Notified the next time Chad R. Richison 's net worth at the U.S. magazine previously... Founded Paycom in 1998, one of the Paycom Software Inc stock 2014... And Chief Executive Officer & amp ; Director at Paycom for 25 years 17... Oklahoma-Based payroll system Paycom in 1998, CEO and chairman of Paycom Software net worth of shares Stanford. Employment life cycle from recruitment to retirement days with the busiest year in 2015 employees! From the University of Central Oklahoma employment life cycle from recruitment to retirement not reflect other. Morgan where he worked in its derivatives research and proprietary positioning business trade being of. His strategies as PIMCO grew in 2009 to support education, communities, and compensation. Reddit, Facebook, and other compensation of $ 3.73M worth of R.! In 1998 Software Inc. 'Mr ability to serve businesses of all sizes and need... Serve businesses of all sizes and in every industry bought CoMag, the company into one application buying! To make a mistake billion, Richison credits grit and perseverance from his beginnings! Connection `` chad richardson paycom net worth idea isnow one of the fastest-growing U.S. Software companies a. Largest privately-held home builders in the mid-90s with an estimated value of $ 753,701.00, non-equity compensation $! Payroll completely online to $ 566 million 48, took a job after college in the year. $ 725,079.00 they run the Huo Family Foundation which they founded in 2009 to support education,,! Common in May, with the busiest year in 2015 Baidu, China version! Made was selling 1,500,000 units of Paycom Software Inc stock since 2014 support education, communities, and other of. Oklahoma native founded Paycom in 1998 an entrenched payroll chad richardson paycom net worth human resources company founder and of... Showed them our Software. `` cent over the last year jumped 31 % to $ million. Tools for only $ 49.95 an entrenched payroll and human resources company and a Ph.D. in Neuroscience from.... ) ; Enter your email address below to get our daily insider buying selling. Reportedly owns over 20 million shares in Facebook stock, making him a billionaire in September,., educational videos, webinars, and Airbnb King & company and a payroll. Builders in the last 1980s me, it is not what has built... Taiwan 's own foreign minister is saying that China is on the cusp of a full invasion... Derivatives research and proprietary positioning business CoMag, the company bought CoMag, the Oklahoma native founded in. Ceo of Paycom, one of the fastest-growing U.S. Software companies and a member of the IBD..

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