Learn More about insider trades at Paycom Software. Final Early Bird Pricing! 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. 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. 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. ga('create', 'UA-67136960-15', 'auto', 'ads'); Nor should workers have to call or email HR to find out how to access tax-withholding data or update their address or find out how many sick days they have left. It's a skill you can learn, too. Biography. The price is currently at less than $400. 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 Learn More about Chad R. Richison's net worth. You will be charged As of 11 May 2022 he still owns at least 4,727,444 units of Paycom Software Inc stock. 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. As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. He has served as President and Chief Executive Officer since he founded Paycom in 1998. Not only did he have to sell his new business idea. 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. You may change your billing preferences at any time in the Customer Center or call He has served as President and Chief Executive Officer since he founded Paycom in 1998. Glassdoor sold in 2018 for $1.2 billion to a Japanese human resources company. 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. Customer Service. Jan 2001 - Mar 20076 years 3 months. window.googletag.cmd.push(function() { His estimated earning is $1 million $2 million. He has served as President and Chief Executive Officer since he founded Paycom in 1998. 20:10 EST 06 Apr 2021 Quote:"For me, it is not what has been built, but what's left to be built. On average, Chad trades about 100,284 units every 63 days since 2014. Paycom. Chad's mailing address filed with the SEC is Paycom, 7501, West Memorial Road, Oklahoma City, Oklahoma County, Oklahoma, 73142, United States. 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. reporters on a platform technologically tailored to meet the needs of the modern reader. Notifications can be turned off anytime from browser settings. Campbells Soup Sales Were Declining. He is also an advisor and venture partner at the venture capital firm Accel Partners. [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. He has had success with his investments in Google, Ask Jeeves, and PayPal. Move over, Elon Musk and Tim Cook. Jason Clark, chairman of the Paycom board's compensation committee, told the WSJ that the award depends on Richison 'achieving aggressive performance goals.'. 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. Chad Richison's largest sale order was 9,611 units , worth over He also discussed his philanthropy in his home state of Oklahoma and in the field of mental. In 2019, he went on to be ranked as one of the top 100 CEOs nationally, even above Apple's Tim Cook. 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. 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. Dr. Yan Huo has a BS in Physics from Fudan University and an MA and Ph.D. in Electrical Engineering from Princeton. "In order to be successful, you must have a growth mindset," he told IBD. 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. MEAWW brings you the best content from its global team of 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 The award honors business leaders who demonstrate great leadership and dedication to their companies and communities. He gets the other half if the share price reaches $1,750 for 20 straight days by late 2030. 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. Boelte owns 260,773 shares of Paycom Software stock worth more than $84,164,486 as of February 13th. 2/08/2023 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. eventCategory: event.slot.getSlotElementId(), Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. After selling Veritas to Symantec in 2005, he planned to retire. Paycom has the ability to serve businesses of all sizes and in every industry. For me, it is not what has been built, but what's left to be built.". The corporate mailing address for Mr. Richison and other Paycom Software executives is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. How Will You Trade the Next Stock Market Swoon? The park is Morgan's Wonderland, located in San Antonio, Texas. window.googletag.pubads().addEventListener('impressionViewable', function(event) { 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. Learn More on Chad R. Richison's salary. DocuSign sees its Relative Strength Rating enter the 80-plus level. 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. Employers and employees struggled to find, track and update HR information. 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. Richison, now worth $3.4 billion, told Forbes that he has just signed on to the Giving Pledge. Chad Richardson Director of Sales at All Points Huntersville, North Carolina, United States 1 connection On a new IBD podcast, Jon Najarian explains 0DTE options and their unintended impact. if(document.querySelector("#adunit")){ 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. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. 11/20/2020 9:23 PM. On many days, Richison the innovator had to quickly morph into Richison the salesman. }); His idea isnow one of the world's fastest-growing companies. The company has expanded to 20 cities across the country and sold more than 100,000 homes. Chad sun sign is Pisces and his birth flower is Daffodil & Jonquil. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. 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. 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. A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). Neves became a billionaire in September 2018, when Farfetch made its IPO on the New York Stock Exchange. He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. The estimated Net Worth of Chad R. Richison is at least $1.99 Miliarda dollars as of 11 May 2022. "I saw an opportunity for people to have something easier to use but also to generate efficiencies to improve their business," Richison said. He joined Microsoft in 1991. ga('ads.send', { The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. He is also ranked in the richest person list from Canada. The estimated Net Worth of Chad R. Richison is at least $1.85 Miliarda dollars as of 11 May 2022. Insider trading is most common in May, with the busiest year in 2015. 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. And he does it before his rivals notice. In the mid-90s he founded the gaming company Mpath Interactive. 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. eventAction: 'click_adunit' The donations mainly funded the university's athletic program, including the locker rooms and training facilities. ga('ads.send', { He made the technology company public in 2014 with its stock price reportedly rising by 108.72 per cent over the last year alone. Gordon Hartman founded Gordon Hartman Homes in 1983 in San Antonio, Texas. Paycom Software, Inc's most recent insider trade came on August 10, 2022 by Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. 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