chad richardson paycom net worth
It's one thing to order a latte at a coffee shop and get served a tea instead, he says. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. "Everywhere else in your life you have a direct relationship with a database except at work.". As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. "I could make $600 to $700 in cash" per week, he 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. 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. Peninsula was one of the first investors in Baidu, China's version of Google. Apple CEO Tim Cook received the second-highest award in 2011 worth $378M, while Tesla CEO Elon Musk topped the list with shares awarded worth around $2.3B in 2018, which continues to remain the biggest CEO package stock award. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. . We are no longer accepting comments on this article. He is pictured right with his wife Charis , updated By St. Johns Newfoundland and Labrador, Canada. },false) 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. 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. 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 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. Veritas Software, early Facebook employee. }); Paycom Software, Inc's most recent insider trade came on August 10, 2022 by Paycom founder Chad Richison has become the highest-paid CEO in the S&P 500 after he was awarded a 2020 compensation package worth $211 million, it has been revealed. You can see the complete history of Mr. Richison stock trades at the bottom of the page. He wanted to create an online travel company. document.querySelector("#google_image_div").addEventListener('click',function(){ Paycom's share prices closed at about $378 on Monday, the WSJ reported. Bill Gross is the co-founder of Pacific Investment Management (PIMCO) which today manages $2 trillion. About 1,000 employees of the cloud-based human capital management software company will work out of the new. $2.65M on May 13, 2022. 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. The most active insiders traders include Russell L Carson, Jonathan M Rather, and Patrick J Welsh. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. His estimated earning is $1 million $2 million. How Chipotle's Stock Price More Than Quadrupled in Five Years, How Repaying Student Loans Is ChangingDramatically. } 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. He grabbed it. 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.'. Elon Musk received the largest CEO award in 2018 when he was given stocks valued at $2.3 billion by his company Tesla. He has served as President and Chief Executive Officer since he founded Paycom in 1998. Realtime quote and/or trade prices are not sourced from all markets. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. "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. "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. 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." 2000-2023 Investor's Business Daily, LLC. 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. Richison's observation set his success in motion. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. 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 Learn More on Chad R. Richison's trading history. 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 In 2019, he went on to be ranked as one of the top 100 CEOs nationally, even above Apple's Tim Cook. reporters on a platform technologically tailored to meet the needs of the modern reader. if(document.querySelector("#google_image_div")){ Notifications can be turned off anytime from browser settings. "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. 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. He joined Microsoft in 1991. In the last 8 years, insiders at Paycom Software, Inc have sold an estimated value of $7.88B . The estimated net worth of Chad R. Richison is at least $1.35 billion as of May 11th, 2022. 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. 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. One bright spot, though, is The Giving Pledge and its new members. He gets the other half if the share price reaches $1,750 for 20 straight days by late 2030. 'This award is entirely dependent on Mr. Richison achieving aggressive performance goalswhich will generate tremendous value for our stockholders.'. Information on this page was last updated on 8/8/2022. This time it's allowing employees more freedom to input and manage their own HR data. (if applicable) for The Wall Street Journal. 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 Software net worth as of February 24, 2023 is $18.09B. Chart Data in Insider Trading History Table. 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. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. 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 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. As the CEO of Paycom Software, Inc., Mr. Richison earned a total compensation package of $2,958,410.00 in 2021. We are delighted that you'd like to resume your subscription. 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. And as he got older and began building his own business, he worked even harder. 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. In 2001 he started a store on London's Savile Row called b Store. document.querySelector("#adunit").addEventListener('click',function(){ There had to be a better way. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. $371.17K . The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. "For many people it was the first time they had used the internet. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. She also has an MS in Biostatistics from Columbia University's Mailman School of Public Health. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . He and his crews were good at stacking, Richison says, which meant farmers could fit more bales of hay in their barns. So It Redesigned Its Iconic Can. Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. The CEO believes it is important to treat each person with respect and give them opportunities for growth and happiness. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. Chad Richison usually trades in May, with the busiest year in 2020. Chad Richardson is a famous Canadian actor and singer. ga('ads.send', { Enter your email address below to get our daily insider buying and selling report. 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