He has had success with his investments in Google, Ask Jeeves, and PayPal. Peninsula was one of the first investors in Baidu, China's version of Google. He has served as President and Chief Executive Officer since he founded Paycom in 1998. 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. And quite another thing for a payroll company to make a mistake. The award honors business leaders who demonstrate great leadership and dedication to their companies and communities. This net worth evaluation does not reflect any other investments that Mr. Richison may own. 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 There are no executives at Paycom Software Inc getting paid more. 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. On average, Chad trades about 100,284 units every 63 days since 2014. He is 52 years old. 11/20/2020 9:23 PM. There had to be a better way. Atlanta Journal-Constitution. The donations mainly funded the university's athletic program, including the locker rooms and training facilities. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. Enter your email address below to get our daily insider buying and selling report. He left the firm in the mid-1980s to co-found The Blackstone Group, a company focused on acquisitions and mergers. }); eventAction: 'render' *Real-time prices by Nasdaq Last Sale. Learn More about Chad R. Richison's net worth. There are 13 older and no younger executives at Paycom Software Inc. "For many people it was the first time they had used the internet. 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." . As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. }); He has served as President and Chief Executive Officer since he founded Paycom in 1998. He has served as President and Chief Executive Officer since he founded Paycom in 1998. window.googletag.cmd.push(function() { Insiders at Paycom Software own 15.2% of the company. "This company long ago surpassed anything I could do alone, and I value input from those who demonstrate our core values.". You can see the complete history of Mr. Richison stock trades at the bottom of the page. Do hard things and it will pay off.". Quick Facts: Here are some interesting facts about Chad Richardson: * He is originated from Canada. People who sign The Giving Pledge must be billionaires. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! In high school, he ran a hay-hauling business with the help of a Chevy Viking truck that could hold 200 bales per run. It launched in 1996 and made its IPO in 2003. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . 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. 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. Ron Conway was an early investor in Google, Reddit, Facebook, and Airbnb. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. Adam Schrader For Dailymail.Com Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection 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 Chad Richison Current Workplace. Richison's observation set his success in motion. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. That same year, he launched the footwear brand Swear. 'This award is entirely dependent on Mr. Richison achieving aggressive performance goalswhich will generate tremendous value for our stockholders.'. 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. 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. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Dorothy King also helped launch R. Eliot King & Company. 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. So It Redesigned Its Iconic Can. 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. Ownership data provided by Refinitiv and Estimates data provided by FactSet. Chad Richardson's net worth or net income is estimated to be $1 million - $2 million dollars. Commentdocument.getElementById("comment").setAttribute("id","aab64a1e44465d7d12b4c53cfb010759");document.getElementById("f8e4e772f6").setAttribute("id","comment"); Save my name, email, and website in this browser for the next time I comment. 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. eventCategory: event.slot.getSlotElementId(), 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. After selling Veritas to Symantec in 2005, he planned to retire. In 2001 he started a store on London's Savile Row called b Store. 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. As the CEO of Paycom Software, Inc., Mr. Richison earned a total compensation package of $2,958,410.00 in 2021. 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. Jim Pattison is the Chairman, President, CEO, and sole owner of the Vancouver-based Jim Pattison Group, Canada's third-largest privately held company. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. His first name is Chad and his last name is Richardson. Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. Since then, he has grown the company into one of the largest privately-held home builders in the U.S. His discovery? The estimated net worth of Craig E. Boelte is at least $84.16 million as of May 11th, 2022. And the company ran payroll for more than 23,500 clients nationwide by the end of 2018. }); 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. 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. ga('ads.send', { . Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. 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. He co-founded Altos Computer Systems in 1999. He is also the founder and managing partner of Angel Investors LP. 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. hitType: 'event', 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. 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. eventAction: 'load' media-tech companies with hubs around the world. Chad Richison is an American entrepreneur who has served as President and Chief Executive Officer of Paycom since its founding. 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. His award of restricted shares could eventually add more than $2 billion to his fortune in the next 10 years and is estimated to be worth a number closer to $702 million, according to a calculation by ISS ESG, the Wall Street Journal reported. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. }); Ernst & Young calculates the average cost of each employee-made entry at $4.39. 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. Stephen Schwarzman rose through the ranks at Lehman Brothers becoming a managing director and then the Head of Global Acquisitions and Mergers. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. "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. eventAction: 'click_image_ads' ", 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. Move over, Elon Musk and Tim Cook. In 1994, Microsoft planned to create a travel guidebook on a CD-ROM (remember those?). Chad Richison usually trades in May, with the busiest year in 2020. if(document.querySelector("#adunit")){ However, when she approached them they shunned her and took their ball and left. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. She also has an MS in Biostatistics from Columbia University's Mailman School of Public Health. This documentary-style series follows investigative journalists as they uncover the truth. "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. This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. He left PIMCO in 2014 and became fund manager for the Janus Capital Group, which is now known as Janus Henderson. He was born on March 17, 1970 and his birthplace is St. Johns Newfoundland and Labrador, Canada. 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. He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. He should know. 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. Chad Richison's largest sale order was 9,611 units , worth over During the last year, insiders at the software maker sold shares 7 times. What is Paycom boss Chad Richison's net worth? Learn More on Paycom Software's active insiders. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. He became known for his abilities to identify and exploit inefficiencies in markets and adjusting his strategies as PIMCO grew. This net worth approximation does not reflect any other assets that Mr. Boelte may own. eventAction: 'click_ads' Learn all the ways IBDs top investing tools can help you succeed in the market! We are one of the worlds fastest growing ga('ads.send', { Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. The shares are currently estimated to be worth around $702M. We are delighted that you'd like to resume your subscription. At just age 27, the Oklahoma native founded Paycom in 1998, one of the nation's first 100% web-based payroll companies. window.googletag.pubads().addEventListener('impressionViewable', function(event) { Real-Time prices by Nasdaq last Sale do hard things and it will pay off. `` 'this award entirely... Administrative stuff 2 million dollars learn all the ways IBDs top investing tools can you... 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