chad richardson paycom net worth
03:17 EST 07 Apr 2021. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. 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. Pattison also owns Ripley's Believe It Or Not and The Guinness Book of World Records. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. What is Chad Richison's Net Worth? Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! That same year, he launched the footwear brand Swear. In 1994, Microsoft planned to create a travel guidebook on a CD-ROM (remember those?). eventAction: 'click_image_ads' 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. "I noticed early on that people really didn't have access to the information," Richison told Investor's Business Daily. 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. Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content. eventCategory: event.slot.getSlotElementId(), document.querySelector("#ads").addEventListener('click',function(){ Richison, 50, founded Paycom in 1998. Learn More on Chad R. Richison's salary. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. 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. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. Learn More on Paycom Software's active insiders. 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. (Paycom). In June 2017, JD.com bought a minority stake in Farfetch for $397 million. }); if(document.querySelector("#adunit")){ Chad sun sign is Pisces and his birth flower is Daffodil & Jonquil. Conway also invested in BuzzFeed, Digg, Facebook, Foursquare, Napster, Pinterest, and Twitter. In 2003, Expedia was bought by IAC for $3.6 billion. Of this total $753,701 was received as a salary, $1,479,630 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $725,079 came from other types of compensation. Realtime quote and/or trade prices are not sourced from all markets. His estimated earning is $1 million $2 million. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. Jason Clark, chairman of the Paycom board's compensation committee, told the WSJ that the award depends on Richison 'achieving aggressive performance goals.'. He has had success with his investments in Google, Ask Jeeves, and PayPal. 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Get market updates, educational videos, webinars, and stock analysis. He is pictured right with his wife Charis 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. And quite another thing for a payroll company to make a mistake. window.googletag.cmd.push(function() { By $371.17K . The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK. The estimated net worth of Chad R. Richison is at least $1.41 billion as of May 11th, 2022. This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. Ten years later, he was still at Facebook as the Vice President of Infrastructure. Adam Schrader For Dailymail.Com The estimated Net Worth of Chad R. Richison is at least $1.87 Miliarda dollars as of 11 May 2022. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. After selling Veritas to Symantec in 2005, he planned to retire. Bill Gross is the co-founder of Pacific Investment Management (PIMCO) which today manages $2 trillion. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. Paycom Software, Inc. engages in the provision of cloud-based human capital management (HCM) software solutions delivered as Software-as-a-Service. pg.acq.push(function() { There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer, and Director of Paycom Software Inc since 2016. Thirteen people joined The Giving Pledge in 2020 and have pledged to give away at least half their fortunes in their lifetimes. He is 52 years old. We are one of the worlds fastest growing His background is in the semiconductor industry. "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. Chad has 11 jobs listed on their profile. Today's guest is Paycom founder and CEO Chad Richison. Paycom is part of the Financial Software industry, and located in Oklahoma, United States. Paycom is headquartered in Oklahoma City, Oklahoma. 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. The estimated net worth of Chad R. Richison is at least $1.35 billion as of May 11th, 2022. On average, Paycom Software Inc executives and independent directors trade stock every 13 days with the average trade being worth of $260,724,021. He joined Microsoft in 1991. Paycom's stock prices have are up 108.72% in the past year while the S&P 500 is up 53% in the last year. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Expedia was the result of Barton's idea. There are no executives at Paycom Software Inc getting paid more. *Real-time prices by Nasdaq Last Sale. Paycom has the ability to serve businesses of all sizes and in every industry. We are delighted that you'd like to resume your subscription. . It's one thing to order a latte at a coffee shop and get served a tea instead, he says. This net worth approximation does not reflect any other assets that Mr. Boelte may own. Save over $170 and access 6 weeks of prograde stock research tools for only $49.95! Dead or Alive? The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. About 1,000 employees of the cloud-based human capital management software company will work out of the new. He and his crews were good at stacking, Richison says, which meant farmers could fit more bales of hay in their barns. 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. 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. Robert King attended business school at Stanford. Get notified the next time Chad R. Richison buys or sells Paycom Software stock. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. 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. And the company ran payroll for more than 23,500 clients nationwide by the end of 2018. 2020 is finally over, and good riddance to it, Covid, and all the weirdness we've all gone through over the last year. 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. Quick Facts: Here are some interesting facts about Chad Richardson: * He is originated from Canada. Dr. Xue Fang has her BA from Beijing University and a Ph.D. in Neuroscience from Princeton. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.73B . The company has expanded to 20 cities across the country and sold more than 100,000 homes. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. }); 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. 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. It has since attracted more than 200 billionaires across the world to its cause. Campbells Soup Sales Were Declining. pg.acq.push(function() { There had to be a better way. Craig E Boelte, Chief Financial Officer, With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . Coming up with brilliant ideas, though, is only part of what drives Richison's success. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. You can see the complete history of Mr. Richison stock trades at the bottom of the page. You can see the complete history of Mr. Richison stock trades at the bottom of the page. In February 2013, the company bought CoMag, the U.S. magazine distributor previously co-owned by Conde Nast and Hearst. He grabbed it. The award honors business leaders who demonstrate great leadership and dedication to their companies and communities. Ernst & Young calculates the average cost of each employee-made entry at $4.39. Photo . And he does it before his rivals notice. 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. 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. Pattison's company is involved in a vast variety of industries including TV and radio stations, car dealerships, grocery store chains, magazine distribution, food service specialty packaging, advertising, real estate development, fishing, forest products, financial services, and entertainment. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. 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. Overcame: Skepticism of early customers to. }) David Weekly founded Houston-based David Weekly Homes in 1976, when he was 23. and bought an estimated value of $3.73M worth of shares. Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. Learn More about Chad R. Richison's net worth. As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. 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. Together, they run the Huo Family Foundation which they founded in 2009 to support education, communities, and the pursuit of knowledge. Richison, 48, took a job after college in the mid-90s with an entrenched payroll and human resources company. Chad Richison has served as President and Chief Executive Officer since he founded Paycom in 1998. Quote:"For me, it is not what has been built, but what's left to be built. 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." He added: "I worked all day long." 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 Chad Richison generously gifted $25 million since 2015 combined to the University of Central Oklahoma. Since then, he has grown the company into one of the largest privately-held home builders in the U.S. hitType: 'event', 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 footwear brand Swear active insiders traders include Russell L Carson, Jonathan M rather Patrick. All markets get market updates, educational videos, webinars, and educational.! 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