David Weekly founded Houston-based David Weekly Homes in 1976, when he was 23. The estimated Net Worth of Chad R. Richison is at least $1.92 Billion dollars as of 11 May 2022. hitType: 'event', 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. He has served as President and Chief Executive Officer since he founded Paycom in 1998. Conway also invested in BuzzFeed, Digg, Facebook, Foursquare, Napster, Pinterest, and Twitter. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. 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. document.querySelector("#ads").addEventListener('click',function(){ "Determination, flexibility, support and belief in yourself will empower you to accomplish your goals. He has served as President and Chief Executive Officer since he founded Paycom in 1998. Submit a correction suggestion and help us fix it. He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. Chad has 11 jobs listed on their profile. He is pictured right with his wife Charis Richardson was able to anticipate where the internet was going and how it could change how business is conducted. 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.'. We are no longer accepting comments on this article. Learn More on Paycom Software's active insiders. Learn about Chad Richardson Net Worth, Biography, Age, Birthday, Height, Early Life, Family, Dating, Partner, Wiki, and Facts. 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. 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. Paycom Software, Inc's most recent insider trade came on August 10, 2022 by On average, Chad trades about 100,284 units every 63 days since 2014. 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. Jan 2001 - Mar 20076 years 3 months. This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. In 1994, Microsoft planned to create a travel guidebook on a CD-ROM (remember those?). and Jeffrey D York, Chief Sales Officer 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. 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. 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. According to our database, Chad Richardson is still alive. Overcame: Skepticism of early customers to. Quote:"For me, it is not what has been built, but what's left to be built. 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. eventCategory: event.slot.getSlotElementId(), let gads_event; 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. Before getting into financial management, he was a blackjack player in Las Vegas. And as he got older and began building his own business, he worked even harder. $371.17K . As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. 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. The award honors business leaders who demonstrate great leadership and dedication to their companies and communities. Learn More about Chad R. Richison's net worth. In 2001 he started a store on London's Savile Row called b Store. 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 Biography. Realtime quote and/or trade prices are not sourced from all markets. },false) 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. 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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. Mr Richisons recent performance equity award is structured to align with stockholders interests, as it requires significant value creation for them before he can realise any value from the grant, Clark reportedly said, adding, This award is entirely dependent on Mr Richison achieving aggressive performance goals - which will generate tremendous value for our stockholders.". "In order to be successful, you must have a growth mindset," he told IBD. "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. "Everywhere else in your life you have a direct relationship with a database except at work.". 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. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. This net worth evaluation does not reflect any other investments that Mr. Richison may own. 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. 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. She also has an MS in Biostatistics from Columbia University's Mailman School of Public Health. Since going public at 15 per share in April 2014, Paycom's stock soared more than 1,400% to roughly 230 a share. And founded R. Eliot King & Company and Peninsula Capital. Paycom opened its new Texas operations center on May 10 at 3489 SH 121 in Grapevine. 2000-2023 Investor's Business Daily, LLC. 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 Jeff Rothschild co-founded Veritas Software in the last 1980s. This net worth approximation does not reflect any other assets that Mr. Boelte may own. Coming up with brilliant ideas, though, is only part of what drives Richison's success. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. He has served as President and Chief Executive Officer since he founded Paycom in 1998. 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. 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. During the last year, insiders at the software maker sold shares 7 times. 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. How Chipotle's Stock Price More Than Quadrupled in Five Years, How Repaying Student Loans Is ChangingDramatically. 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. Chart Data in Insider Trading History Table. 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). According to our database, Chad Richardson is still alive. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. 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. [2] Paycom's share prices closed at about $378 on Monday, the WSJ reported. He should know. The information and content are subject to change without notice. And we can't do it without a very special guest. 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 company has expanded to 20 cities across the country and sold more than 100,000 homes. Richison's observation set his success in motion. In the mid-90s he founded the gaming company Mpath Interactive. Move over, Elon Musk and Tim Cook. The pay was pretty good, too. As the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc, the total compensation of Chad Richison at Paycom Software Inc is $21,138,600. Authors may own the stocks they discuss. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. gads_event = event; His estimated earning is $1 million $2 million. Craig E Boelte, Chief Financial Officer, The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. 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. 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. For me, it is not what has been built, but what's left to be built.". Chad Richison Current Workplace. 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, 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. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. The estimated Net Worth of Chad R. Richison is at least $1.85 Miliarda dollars as of 11 May 2022. 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. }); He grabbed it. ga('ads.send', { He hasgiven away between 1% to 4.99% of his wealth, the outlet reported. eventCategory: event.slot.getSlotElementId(), } You can see the complete history of Mr. Richison stock trades at the bottom of the page. In the last 2 years at Paycom Software, Inc, Chad Richison has sold an estimated value of $13.42M worth. }); All rights reserved. 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. }) } According to The Wall Street Journal, if he is awarded the shares, then the CEO could have close to $2B added to his personal wealth. Chad Richardson. 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 Notifications can be turned off anytime from browser settings. Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. "For many people it was the first time they had used the internet. "Investment comes before achievement and that's certainly the case with our people," Richison said. 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. 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. 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. eventAction: 'load' . Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection 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 . Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. Veritas Software, early Facebook employee. 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. and the man everyone runs to when something goes very wrong with the site. Already a member? As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. hitType: 'event', The estimated net worth of Craig E. Boelte is at least $84.16 million as of May 11th, 2022. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. He. 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. He also added to his sales pitch a crash course on what the internet was. Paycom, a leading provider of comprehensive, cloud-based technology for human capital management, today announced that its founder and CEO, Chad Richison, has been named one of Oklahoma's Most Admired CEOs by The Journal Record. }); window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { And he does it before his rivals notice. Axon Stock Lights Up On Big Earnings Beat, Taser News, Apple Is Still The Richest Company By Squatting On Your Money. Learn More about insider trades at Paycom Software. In the early days at Paycom, Richison remembers knocking on doors and making phone calls trying to land new clients. He became known for his abilities to identify and exploit inefficiencies in markets and adjusting his strategies as PIMCO grew. He and his crews were good at stacking, Richison says, which meant farmers could fit more bales of hay in their barns. DocuSign sees its Relative Strength Rating enter the 80-plus level. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. }) This time it's allowing employees more freedom to input and manage their own HR data. Richison, 50, founded Paycom in 1998. 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. 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. pg.acq.push(function() { The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. This makes him the highest-paid chief executive. There are no executives at Paycom Software Inc getting paid more. 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 Few business owners then knew much about what was then called the World Wide Web. 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. Ten years later, he was still at Facebook as the Vice President of Infrastructure. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Chad Richardson is a famous Canadian actor and singer. Paycom is currently No. Expedia was the result of Barton's idea. "If we do it with 99.99% accuracy, we get an F," Richison said. 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. Dorothy King also helped launch R. Eliot King & Company. Together, they run the Huo Family Foundation which they founded in 2009 to support education, communities, and the pursuit of knowledge. And Richison's leadership and employee-friendly management style is a big reason why. People who sign The Giving Pledge must be billionaires. He started Capula Investment Management in 2005 after spending years at JP Morgan where he worked in its derivatives research and proprietary positioning business. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. "I noticed early on that people really didn't have access to the information," Richison told Investor's Business Daily. It launched in 1996 and made its IPO in 2003. 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. 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. 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. He is also an advisor and venture partner at the venture capital firm Accel Partners. Richison, now worth $3.4 billion, told Forbes that he has just signed on to the Giving Pledge. Adam Schrader For Dailymail.Com All because he found out how to put all of a company's HR data on the internet in a single, easy-to-access database. On many days, Richison the innovator had to quickly morph into Richison the salesman. reporters on a platform technologically tailored to meet the needs of the modern reader. He wanted to create an online travel company. Bill Gross is the co-founder of Pacific Investment Management (PIMCO) which today manages $2 trillion. One bright spot, though, is The Giving Pledge and its new members. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Most didn't even have websites. Richison, of Tuttle, Oklahoma, has a rating of 9/10 on Forbes' self-made score - which makes him a 'true rags-to-riches' story, according to the outlet. And quite another thing for a payroll company to make a mistake. 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. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. Inside highest paid CEO's $211M package and philanthropy work. How Will You Trade the Next Stock Market Swoon? Hard work is part of his story, too. 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. 'Mr. This documentary-style series follows investigative journalists as they uncover the truth. . His discovery? As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. 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. Insider trading is most common in May, with the busiest year in 2015. 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. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. 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. ga('ads.send', { }); window.googletag.pubads().addEventListener('impressionViewable', function(event) { 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. Robert King attended business school at Stanford. Jose Neves is a Portuguese billionaire and the founder of the global luxury fashion online platform Farfetch. 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. With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.73B . . 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. Paycom Software, Inc's most recent insider trade came on August 10, 2022 by He is also ranked in the richest person list from Canada. if(document.querySelector("#google_image_div")){ 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. 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. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. * His duality is Passive and opposite sun sign is Virgo. $ + tax The Blackstone Group currently manages nearly $190 billion in assets for various companies. 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 status quo, he concluded, was inefficient, error-prone and in need of repair. and bought an estimated value of $3.73M worth of shares. "In the '90s, you had one or two people in payroll that knew the system, and you had to call them." Paycom's goal is for 100% employee engagement and usage with its database. 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. 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. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. In a nod to his high school sporting career, the sizable donation gives the next generation the facilities needed to progress .

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