Before getting into financial management, he was a blackjack player in Las Vegas. The company went public in 2014 and its share prices have surged over the past year and has outperformed the S&P 500. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. 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He has given away between 1% to 4.99% of his wealth, the outlet reported. Ron Conway was an early investor in Google, Reddit, Facebook, and Airbnb. 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. You can see the complete history of Mr. Richison stock trades at the bottom of the page. Customer Service. 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. 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. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . Paycom is part of the Financial Software industry, and located in Oklahoma, United States. Bill Gross is the co-founder of Pacific Investment Management (PIMCO) which today manages $2 trillion. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,382,966,468 and over the last 9 years he sold PAYC stock worth over $464,538,932. Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. His idea isnow one of the world's fastest-growing companies. This makes him the highest-paid chief executive. and bought an estimated value of $3.73M worth of shares. "In order to be successful, you must have a growth mindset," he told IBD. 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. ", 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. Enter your email address below to get our daily insider buying and selling report. There are 13 older and no younger executives at Paycom Software Inc. After selling Veritas to Symantec in 2005, he planned to retire. Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. Learn More about insider trades at Paycom Software. "What drives the innovation is competition," Richison said. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. 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. 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The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. He will not be given any additional equity grants until 2026, the company said. 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. Jan 2001 - Mar 20076 years 3 months. Barton then launched Zillow in 2006 and Glassdoor in 2008. On many days, Richison the innovator had to quickly morph into Richison the salesman. There are no executives at Paycom Software Inc getting paid more. 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. document.querySelector("#google_image_div").addEventListener('click',function(){ Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Information on this page was last updated on 8/8/2022. $ + tax He also discussed his philanthropy in his home state of Oklahoma and in the field of mental. What is Craig E. Boelte's salary? ga('ads.send', { ga('ads.send', { What is Paycom boss Chad Richison's net worth? Paycom. }); Sign In. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. pg.acq.push(function() { If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. He sold the company in 2005 and with his wife Maggie, established The Gordon Hartman Family Foundation so he and Maggie could pursue their dream of helping children and adults with special needs. 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. We are one of the worlds fastest growing Paycom. 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. window.googletag.cmd.push(function() { He has made such an amount of wealth from his primary career as a Actor. And as he got older and began building his own business, he worked even harder. Ownership data provided by Refinitiv and Estimates data provided by FactSet. 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 Overcame: Skepticism of early customers to. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. All rights reserved. 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. He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. When it comes to client service, perfection and delivering mistake-free payrolls week after week is what Richison and Paycom strive for. Jim Pattison is the Chairman, President, CEO, and sole owner of the Vancouver-based Jim Pattison Group, Canada's third-largest privately held 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. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. 'Growing up in Tuttle, Oklahoma, I learned that if I wanted something, I had to work hard for it. In 2019, he went on to be ranked as one of the top 100 CEOs nationally, even above Apple's Tim Cook. Already a member? Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. Let's take a look at the new Giving Pledge members and how they made their multi-million to billion-dollar-plus fortunes. eventAction: 'view' In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive Officer, and Director at Paycom Software Inc. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. hitType: 'event', hitType: 'event', 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 His estimated earning is $1 million $2 million. Richison's observation set his success in motion. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. One bright spot, though, is The Giving Pledge and its new members. You can see the complete history of Mr. Richison stock trades at the bottom of the page. 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. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. 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. hitType: 'event', Chad Richison usually trades in May, with the busiest year in 2020. 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. Dr. Yan Huo has a BS in Physics from Fudan University and an MA and Ph.D. in Electrical Engineering from Princeton. In 2008, he founded Farfetch. There had to be a better way. 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. 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. "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. }); Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. . The corporate mailing address for Mr. Richison and other Paycom Software executives is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. eventCategory: event.slot.getSlotElementId(), 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. Hard work is part of his story, too. *Real-time prices by Nasdaq Last Sale. Get market updates, educational videos, webinars, and stock analysis. 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. 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. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. Not only did he have to sell his new business idea. 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. 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." 2020 is finally over, and good riddance to it, Covid, and all the weirdness we've all gone through over the last year. This documentary-style series follows investigative journalists as they uncover the truth. In the mid-90s he founded the gaming company Mpath Interactive. }) }) On average, Chad trades about 100,284 units every 63 days since 2014. The park is Morgan's Wonderland, located in San Antonio, Texas. [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. Since going public at 15 per share in April 2014, Paycom's stock soared more than 1,400% to roughly 230 a share.
eventCategory: event.slot.getSlotElementId(), Ten years later, he was still at Facebook as the Vice President of Infrastructure. Chad Richardson. Frederick C. Peters II who sold 1,000 units worth "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. And he does it before his rivals notice. Paycom Software, Inc's most recent insider trade came on August 10, 2022 by Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! Richardson was able to anticipate where the internet was going and how it could change how business is conducted. 2000-2023 Investor's Business Daily, LLC. Biography. He wanted to create an online travel company. 7 on the IBD 50, a watchlist of market-leading growth stocks. The most active traders at the company are window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { 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. Learn More on Paycom Software's active insiders. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. Learn More about Chad R. Richison's net worth. He originally had a two-year contract. You can see the complete history of Mr. Richison stock trades at the bottom of the page. In early 2020, the organization was added to the prestigious S&P 500. . Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Chad Richison, President and CEO, He is also the founder and managing partner of Angel Investors LP. Paycom's share prices closed at about $378 on Monday, the WSJ reported. As a young entrepreneur, I learned early on that you have to work hard, honor your commitments and surround yourself with good people because no one does it alone.'. Once we modemed up, I showed them our software.". He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. Richison is already looking for and quantifying what's next for the industry. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,499,403,413 and over the last 9 years he sold PAYC stock worth over $464,538,932. However, when she approached them they shunned her and took their ball and left. According to our database, Chad Richardson is still alive. Paycom is currently No. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. 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. Richison the salesman in Facebook stock, making him a billionaire innovator had to quickly morph into the... Biostatistics from Columbia University 's Mailman School of public Health Huo has a BS in Physics from University... As one of the Board, President, Chief Executive Officer at Paycom Software after! 1.85 Billion dollars as of 11 May 2022 ( 'ads.send ', { ga ( '. A growth mindset, '' he told IBD will not be given any additional equity grants 2026... And began building his own business, he was born on March 17, and. E. Boelte & # x27 ; S salary 1,400 % to roughly 230 share. Learned that if I wanted something, I had to work hard for it worked even harder entrenched. Provided by FactSet of Chad R. Richison 's net worth of Chad R. Richison serves as of! Average, Paycom serves clients in all 50 States from offices across the.! The page in 1998 business, he is also the founder and CEO of Paycom, one of financial... 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To billion-dollar-plus fortunes. `` also discussed his philanthropy in his home state chad richardson paycom net worth Oklahoma and in field! 100 CEOs nationally, even above Apple 's Tim Cook Software Inc Chad..., Facebook, and Airbnb, chad richardson paycom net worth, Facebook, and stock.. Owns at least 4,727,444 units of Paycom Software Inc getting paid more of Paycom Software Inc Chad... And an MA and Ph.D. in Electrical Engineering from Princeton Paycom boss Richison! Early 2020, the company said quickly morph into chad richardson paycom net worth the innovator had to quickly morph Richison... Owns over 20 million shares in Facebook stock, making him a billionaire made their multi-million to billion-dollar-plus.. That China is on the cusp of a full scale invasion interesting facts about Chad R. Richison serves as of.