His discovery? Chad R. Richison serves as Chairman of the Board, President, Chief Executive Officer, Director of the Company. Richison saysconstant innovation and making what's already a good product even better is a prerequisite for success for any business. Paycom is currently No. And founded R. Eliot King & Company and Peninsula Capital. We are delighted that you'd like to resume your subscription. "I could make $600 to $700 in cash" per week, he said. Quick Facts: Here are some interesting facts about Chad Richardson: * He is originated from Canada. Chad Richison owns about 4,727,569 units of Paycom Software, Inc common stock. Learn More about Chad R. Richison's net worth. In 2008, he founded Farfetch. We are one of the worlds fastest growing 11/20/2020 9:23 PM. Chad Richardson. 'Mr. As a young entrepreneur, Richison credits grit and perseverance from his humble beginnings as setting the stage for his success. let gads_event; Paycom's goal is for 100% employee engagement and usage with its database. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. There are no executives at Paycom Software Inc getting paid more. Realtime quote and/or trade prices are not sourced from all markets. 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. Thirteen people joined The Giving Pledge in 2020 and have pledged to give away at least half their fortunes in their lifetimes. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. "I noticed early on that people really didn't have access to the information," Richison told Investor's Business Daily. 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. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. 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. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. The most active insiders traders include Russell L Carson, Jonathan M Rather a Patrick J Welsh. Adam Schrader For Dailymail.Com Chad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. Jan 2001 - Mar 20076 years 3 months. ga('ads.send', { 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. 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.'. "In the '90s, you had one or two people in payroll that knew the system, and you had to call them." We are no longer accepting comments on this article. Richison's recent performance equity award is structured to align with stockholders' interests, as it requires significant value creation for them before he can realize any value from the grant,' Clark said. ga('create', 'UA-67136960-15', 'auto', 'ads'); 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. 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. Few business owners then knew much about what was then called the World Wide Web. Meet the Highest Paid CEO in S&P 500, Paycoms $211 Million Man - WSJ, The Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers. There are 13 older and no younger executives at Paycom Software Inc. He is pictured right with his wife Charis Chad Richison, United States Founder and CEO of Paycom Net worth: $3.4 billion William Gross, United States William Gross co-founded Pacific Investment Management (PIMCO) Net worth: $1.5 billion Rich Barton and Dr. Sarah Barton, United States Chad Richison owns about 4,727,569 . Chad Richison is 49, he's been the Chairman of the Board, President, Chief Executive Officer a Director of Paycom Software Inc since 2016. Mark Zuckerberg had other plans and hired him to be a backend consultant/fix-it man at Facebook. Paycom Software, Inc. engages in the provision of cloud-based human capital management (HCM) software solutions delivered as Software-as-a-Service. Customer Service. Photo . The estimated net worth of Craig E. Boelte is at least $84.16 million as of May 11th, 2022. Chad has made over 17 trades of the Paycom Software Inc stock since 2014, according to the Form 4 filled with the SEC. He earns a strong 9 out of 10 on the Forbes' self-made score. "I was a 16-year-old running two crews," Richison said. Gordon Hartman founded Gordon Hartman Homes in 1983 in San Antonio, Texas. 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. Baby Mia Jade Riley: Parents Lani and Tom Riley speak out after dog attack killed their 5-week-old infant, Kyle Sambrook: Hiker falls 100ft to death while carrying his dog in one hand through 'appalling' weather, Bruce Willis's mom Marlene 'not sure if her son still recognizes her' as 'aggressiveness' creeps in, Killer mom Lindsay Clancy was suffering from drug withdrawal and had 'worst side effects,' says friend, 'End this crazy show': Julia Wandelt may seek court's help for DNA test to prove she is Madeleine McCann. ga('ads.send', { 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. Paycom combines the duties of entire departments into one application. 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 was on a family vacation with his then-12-year-old daughter Morgan, what was supposed to be a fun excursion at a swimming pool when his autistic daughter wanted to play with kids tossing a ball in the pool. }); Paycom Software net worth as of February 24, 2023 is $18.09B. There are 13 older and no younger executives at Paycom Software Inc. What's worse, payroll data, time-off requests, attendance records, benefits files, tax-withholding forms and employee reviews were scattered all over. He has given away between 1% to 4.99% of his wealth, the outlet reported. 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 A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). gads_event = event; 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. "If we do it with 99.99% accuracy, we get an F," Richison said. Learn More about Chad R. Richison's net worth. He has made such an amount of wealth from his primary career as a Actor. 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}} In the last 8 years, insiders at Paycom Software, Inc have sold an estimated value of $7.88B eventAction: 'click_ads' And as he got older and began building his own business, he worked even harder. And Richison's leadership and employee-friendly management style is a big reason why. hitType: 'event', He. By Paycom made Glassdoor's 2019 list of "Best Places to Work." This would liberate businesses to do more strategic and value-added work rather than paper-intensive administrative stuff. The status quo, he concluded, was inefficient, error-prone and in need of repair. Chad R. Richison has not been actively trading shares of Paycom Software in the last ninety days. Salesforce Soars Late On Earnings, Guidance, Buyback, Dow Jones Futures Fall, AI Arms Race Intensifies; Fortinet, Enphase, Uber Jump On Earnings, Paycom Software Earns Composite Rating Upgrade, Stock Upgrades: Paycom Software Shows Rising Relative Strength, Shopify Stock Sees Relative Strength Rating Jump To 84, Paycom Earnings, Revenue Top Estimates Amid Interest Rate Boost, Dow Jones Falls Ahead Of Fed Decision, Powell Comments; AMD Rallies On Earnings, Dow Jones Futures: Stock Market Rally Awaits Fed Pivot Signals; AMD, Devon Move On Earnings. }); He originally had a two-year contract. It's designed to be an amusement park of "total inclusion," where anyone, regardless of any special needs they might have. He quickly found the problems that were holding the HR industry back and had a clear vision to fix them. Authors may own the stocks they discuss. 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. He has served as President and Chief Executive Officer since he founded Paycom in 1998. . Chad Richison Current Workplace. He gets the other half if the share price reaches $1,750 for 20 straight days by late 2030. He hasgiven away between 1% to 4.99% of his wealth, the outlet reported. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . During the last year, insiders at the software maker sold shares 7 times. ga('ads.send', { hitType: 'event', 2/08/2023 In early 2020, the organization was added to the prestigious S&P 500. 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. $371.17K . 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 . Overcame: Skepticism of early customers to trust a large part of such a critical function, human resources, to a new company with such a young CEO. In high school, he ran a hay-hauling business with the help of a Chevy Viking truck that could hold 200 bales per run. Here are some interesting facts about Chad Richardson: * His Star sign is Pisces and zodiac sign element is Water. 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. 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. On that people really did n't have access to the Form 4 filled with help. 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