He hasgiven away between 1% to 4.99% of his wealth, the outlet reported. Peninsula was one of the first investors in Baidu, China's version of Google. Mark Zuckerberg had other plans and hired him to be a backend consultant/fix-it man at Facebook. She also has an MS in Biostatistics from Columbia University's Mailman School of Public Health. "In the '90s, you had one or two people in payroll that knew the system, and you had to call them." MEAWW is an initialism for Media Entertainment Arts WorldWide. Veritas Software, early Facebook employee. All rights reserved. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. Quote:"For me, it is not what has been built, but what's left to be built. "I noticed early on that people really didn't have access to the information," Richison told Investor's Business Daily. 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. There are 13 older and no younger executives at Paycom Software Inc. 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. 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. The oldest executive at Paycom Software Inc is RobertLevenson, 78, who is the Independent Director. 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. He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. On many days, Richison the innovator had to quickly morph into Richison the salesman. Richardson was able to anticipate where the internet was going and how it could change how business is conducted. * His duality is Passive and opposite sun sign is Virgo. His background is in the semiconductor industry. BREAKING: Tiny biotech successfully treats blindness. Paycom has the ability to serve businesses of all sizes and in every industry. Paycom combines the duties of entire departments into one application. document.querySelector("#adunit").addEventListener('click',function(){ The estimated Net Worth of Chad R. Richison is at least $1.92 Billion dollars as of 11 May 2022. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. It has since attracted more than 200 billionaires across the world to its cause. He grabbed it. window.googletag.pubads().addEventListener('slotOnload', function(event) { The Blackstone Group currently manages nearly $190 billion in assets for various companies. 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. ga('ads.send', { 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 is already looking for and quantifying what's next for the industry. $ + tax Learn More on Paycom Software's active insiders. There had to be a better way. The company has expanded to 20 cities across the country and sold more than 100,000 homes. In 1994, Microsoft planned to create a travel guidebook on a CD-ROM (remember those?). The park is Morgan's Wonderland, located in San Antonio, Texas. Dr. Xue Fang has her BA from Beijing University and a Ph.D. in Neuroscience from Princeton. 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. 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. It launched in 1996 and made its IPO in 2003. 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. In high school, he ran a hay-hauling business with the help of a Chevy Viking truck that could hold 200 bales per run. Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. He received a 93% approval rating from employees to catapult him to membership in Glassdoor's "Top CEOs 2019" list. His partner retired in 2008 and he is now the sole owner and CEO of the company. window.googletag.cmd.push(function() { So It Redesigned Its Iconic Can. 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. 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. hitType: 'event', As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. 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. What is Chad R. Richison's salary? "In order to be successful, you must have a growth mindset," he told IBD. We are no longer accepting comments on this article. While growing up in Oklahoma, Richison hustled to make money like everyone else in his small town. }); Chad Richardson founded the Oklahoma-based payroll system Paycom in 1998. 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. He has served as President and Chief Executive Officer since he founded Paycom in 1998. It helps companies manage talent acquisition, time and labor management, talent management, and HR management. Its current areas of focus are education; neuroscience and psychology; public policy; the arts and Covid-19 research. "What drives the innovation is competition," Richison said. }); Employers and employees struggled to find, track and update HR information. 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. Enter your email address below to get our daily insider buying and selling report. Learn More on Chad R. Richison's salary. The most active insiders traders include Russell L Carson, Jonathan M Rather, and Patrick J Welsh. Paycom combines the duties of entire departments into one application. Paycom is part of the Financial Software industry, and located in Oklahoma, United States. Chad has 11 jobs listed on their profile. You can see the complete history of Mr. Richison stock trades at the bottom of the page. He is also the founder and managing partner of Angel Investors LP. 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. 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. ", 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. David Weekly founded Houston-based David Weekly Homes in 1976, when he was 23. } Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Dorothy King also helped launch R. Eliot King & Company. 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. Inside highest paid CEO's $211M package and philanthropy work. Expedia was the result of Barton's idea. Customer Service. He has his BA from Duke, is a veteran of the Navy, and has his MBA from UCLA. 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. Richison, now worth $3.4 billion, told Forbes that he has just signed on to the Giving Pledge. 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 is famous for being a successful Actor. window.googletag.pubads().addEventListener('impressionViewable', function(event) { Inside his million dollar fortune, Syco Music earnings and lavish homes. 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. Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,345,005,092 as of March 1st. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! For me, it is not what has been built, but what's left to be built.". 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 . Gordon Hartman founded Gordon Hartman Homes in 1983 in San Antonio, Texas. 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. His idea isnow one of the world's fastest-growing companies. "Everywhere else in your life you have a direct relationship with a database except at work.". We are delighted that you'd like to resume your subscription. 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. Chad Richardson. Jason Clark, chairman of the Paycom board's compensation committee, told the WSJ that the award depends on Richison 'achieving aggressive performance goals.'. Learn More on Chad R. Richison's contact information. document.querySelector("#ads").addEventListener('click',function(){ 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, Stocks and cryptocurrency portfolio tracker. Frederick C. Peters II who sold 1,000 units worth His discovery? },false) 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. Chad Richison is an American entrepreneur who has served as President and Chief Executive Officer of Paycom since its founding. Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. hitType: 'event', Dead or Alive? 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.'. Today's guest is Paycom founder and CEO Chad Richison. "It has to be 100% accurate. 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. window.adsContainer = {"positionAfterTitle":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280},"position2":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","max_width":336,"max_height":280},"position3":{"code":"Article_Desktop_300x250_Below_Next_Rel_Newrev","max_width":300,"max_height":250},"position4":{"code":"Article_Desktop_300x250_Middle_Rel_Newrev","max_width":300,"max_height":250},"position5":{"code":"Article_Desktop_300x250_Middle1_Rel_Newrev","max_width":300,"max_height":250},"position6":{"code":"Article_Desktop_300x250_Middle2_Rel_Newrev","max_width":336,"max_height":280},"position7":{"code":"Article_Desktop_300x250_Middle3_Rel_Newrev","max_width":300,"max_height":250},"position8":{"code":"Article_Desktop_300x250_Middle4_Rel_Newrev","max_width":300,"max_height":250},"position9":{"code":"Article_Desktop_300x250_Middle5_Rel_Newrev","max_width":336,"max_height":280},"position10":{"code":"Article_Desktop_300x250_Middle6_Rel_Newrev","max_width":336,"max_height":280},"position11":{"code":"Article_Desktop_300x250_Middle7_Rel_Newrev","max_width":336,"max_height":280},"position12":{"code":"Article_Desktop_300x250_Middle8_Rel_Newrev","max_width":336,"max_height":280},"position13":{"code":"Article_Desktop_300x250_Middle9_Rel_Newrev","max_width":336,"max_height":280},"position14":{"code":"Article_Desktop_300x250_Middle10_Rel_Newrev","max_width":336,"max_height":280},"position15":{"code":"Article_Desktop_300x250_Middle11_Rel_Newrev","max_width":336,"max_height":280},"position16":{"code":"Article_Desktop_300x250_Middle12_Rel_Newrev","max_width":336,"max_height":280},"positionTop":{"code":"Article_Desktop_970x250_Header_Rel","isOrganicUserAd":false,"max_width":970,"max_height":250},"positionBottom":{"code":"Article_Desktop_Sidebar_Bottom_Rel_Newrev","isOrganicUserAd":true,"max_width":300,"max_height":600},"positionBottomRight":{"code":"Article_Desktop_300x250_After_Title_Rel_Newrev","isOrganicUserAd":true,"max_width":336,"max_height":280}} Chad Richison generously gifted $25 million since 2015 combined to the University of Central Oklahoma. "Investment comes before achievement and that's certainly the case with our people," Richison said. Mr. Richison began his career in sales with a national payroll and human resources company and a regional payroll company prior to founding Paycom. This net worth evaluation does not reflect any other investments that Mr. Richison may own. Late last year, Richison reportedly signed the Giving Pledge created by Bill Gates and Warren Buffett, publicly promising to give away at least half his wealth. 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." Learn More about Chad R. Richison's net worth. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022.