Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,499,403,413 and over the last 9 years he sold PAYC stock worth over $464,538,932. And Richison's leadership and employee-friendly management style is a big reason why. 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. He left the firm in the mid-1980s to co-found The Blackstone Group, a company focused on acquisitions and mergers. "No one calls a bank anymore to void a check or transfer money, and we don't email an airline to buy a plane ticket or book a table for dinner over the phone," Richison said. 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 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. 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. He is one of the longest-serving employees at Facebook. One bright spot, though, is The Giving Pledge and its new members. if(document.querySelector("#google_image_div")){ The pay was pretty good, too. The estimated Net Worth of Chad R. Richison is at least $1.85 Miliarda dollars as of 11 May 2022. ". ga('ads.send', { He received his bachelors degree in mass communicationsjournalism from the University of Central Oklahoma. Paycom's share prices closed at about $378 on Monday, the WSJ reported. The status quo, he concluded, was inefficient, error-prone and in need of repair. Ownership data provided by Refinitiv and Estimates data provided by FactSet. The estimated Net Worth of Chad R. Richison is at least $1.85 Billion dollars as of 11 May 2022. This time it's allowing employees more freedom to input and manage their own HR data. Barton then launched Zillow in 2006 and Glassdoor in 2008. The New York Times reported last week that his earnings in 2020 were the most among all CEOs, about four times as much as most others who cracked the Top 10. They sold a total of 20,721 shares worth more than $5,812,707.66. Chad Richison's Keys Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. In the mid-90s he founded the gaming company Mpath Interactive. Customer Service. This chart shows Chad R. Richison's buying and selling at Paycom Software by year and by quarter. ga('create', 'UA-67136960-15', 'auto', 'ads'); As President and Chief Executive Officer at PAYCOM SOFTWARE INC, Chad Richison made $2,958,410 in total compensation. Final Early Bird Pricing! In September 2008, after lobbying for the Federal takeover of Fannie Mae and Freddie Mac, Bill Gross netted $1.7 billion, due to holding large positions in agency-backed mortgage bonds of Fannie Mae and Freddie Mac. Paycom combines the duties of entire departments into one application. Hard work is part of his story, too. A first-mover mentality guides winning entrepreneurs and is a foundation of success, says Richison, CEO and founder of human resources software innovatorPaycom (PAYC). 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 addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive Officer, and 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. Get notified the next time Chad R. Richison buys or sells Paycom Software stock. Most recently he sold 9,611 units of PAYC stock worth $2,645,332 on 11 May 2022. Jeff Rothschild co-founded Veritas Software in the last 1980s. There are no executives at Paycom Software Inc getting paid more. Chad R. Richison has not been actively trading shares of Paycom Software in the last ninety days. Craig E Boelte owns about 260,773 units of Paycom. In the early days at Paycom, Richison remembers knocking on doors and making phone calls trying to land new clients. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. With an estimated net worth at the U.S. $2.1 billion, Richison is one of Oklahoma's . We are one of the worlds fastest growing He quickly found the problems that were holding the HR industry back and had a clear vision to fix them. He wanted to create an online travel company. In addition, he makes $21,138,600 as Chairman of the Board, President, Chief Executive . Save over $170 and access 6 weeks of prograde stock research tools for only $49.95! The company went public in 2014 and its share prices have surged over the past year and has outperformed the S&P 500. He should know. Jim Pattison is the Chairman, President, CEO, and sole owner of the Vancouver-based Jim Pattison Group, Canada's third-largest privately held company. },false) YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. In total, Chad Richison has made about 6 transactions over 2 years of their time at Paycom Software, Inc. While growing up in Oklahoma, Richison hustled to make money like everyone else in his small town. On many days, Richison the innovator had to quickly morph into Richison the salesman. ga('ads.send', { He is also ranked in the richest person list from Canada. Customer Service. 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. 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. Dr. Xue Fang has her BA from Beijing University and a Ph.D. in Neuroscience from Princeton. 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. The Blackstone Group currently manages nearly $190 billion in assets for various companies. 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. 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. 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. Learn More on Paycom Software's active insiders. 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. DocuSign sees its Relative Strength Rating enter the 80-plus level. "Everywhere else in your life you have a direct relationship with a database except at work.". Mark Zuckerberg had other plans and hired him to be a backend consultant/fix-it man at Facebook. eventCategory: event.slot.getSlotElementId(), Sign In. ga('ads.send', { 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 2021, the company had annual revenue of $1.06 billion with a workforce of 5,385 employees. 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. Realtime quote and/or trade prices are not sourced from all markets. People who sign The Giving Pledge must be billionaires. You will be notified in advance of any changes in rate or terms. He reportedly owns over 20 million shares in Facebook stock, making him a billionaire. media-tech companies with hubs around the world. Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. window.googletag.pubads().addEventListener('slotRenderEnded', function(event) { and Jeffrey D York, Chief Sales Officer In 2003, Expedia was bought by IAC for $3.6 billion. , updated Insider trading is most common in May, with the busiest year in 2015. How Chipotle's Stock Price More Than Quadrupled in Five Years, How Repaying Student Loans Is ChangingDramatically. Mr Richisons recent performance equity award is structured to align with stockholders interests, as it requires significant value creation for them before he can realise any value from the grant, Clark reportedly said, adding, This award is entirely dependent on Mr Richison achieving aggressive performance goals - which will generate tremendous value for our stockholders.". hitType: 'event', Jose Neves is a Portuguese billionaire and the founder of the global luxury fashion online platform Farfetch. In early 2020, the organization was added to the prestigious S&P 500. After selling Veritas to Symantec in 2005, he planned to retire. 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. In 2019, he went on to be ranked as one of the top 100 CEOs nationally, even above Apple's Tim Cook. Chad Richison spots what's trending with customers even before they do. 11/20/2020 9:23 PM. You may cancel your subscription at anytime by calling Learn More on Chad R. Richison's contact information. This net worth evaluation does not reflect any other investments that Mr. Richison may own. Founder, president, CEO and chairman of Paycom, one of the fastest-growing U.S. software companies and a member of the IBD 50. eventCategory: event.slot.getSlotElementId(), Ernst & Young calculates the average cost of each employee-made entry at $4.39. He gets the other half if the share price reaches $1,750 for 20 straight days by late 2030. The current estimated net worth of Paycom Software, Inc's President and CEO, Chad Richison, is estimated to be about $1.77B . All rights reserved. At PIMCO, Gross controlled more bond money than anyone in the world and he advised the Treasury on the role of subprime mortgage bonds during the 2008 financial crisis. He received a 93% approval rating from employees to catapult him to membership in Glassdoor's "Top CEOs 2019" list. 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. },false) Most didn't even have websites. This information is according to proxy statements filed for the 2021 fiscal year. hitType: 'event', Ten years later, he was still at Facebook as the Vice President of Infrastructure. }); Mr. Richison owns 4,727,444 shares of Paycom Software stock worth more than $1,413,222,109 as of February 22nd. 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. The park is Morgan's Wonderland, located in San Antonio, Texas. He added: "I worked all day long." There is a new name breaking into the list of the highest-paid chief executives: Chad Richison, the founder and CEO of payroll processor Paycom Software Inc. The most recent insider tranaction occured on August, 8th when Director Frederick C Peters II sold 1,000 shares worth more than $371,170.00. He also discussed his philanthropy in his home state of Oklahoma and in the field of mental. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. 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. },false) Paycom opened its new Texas operations center on May 10 at 3489 SH 121 in Grapevine. As one of the leading human capital management providers, Paycom serves clients in all 50 states from offices across the country. 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. Richison, now worth $3.4 billion, told Forbes that he has just signed on to the Giving Pledge. For me, it is not what has been built, but what's left to be built.". 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 has made such an amount of wealth from his primary career as a Actor. He is also the founder and managing partner of Angel Investors LP. 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. Wonderland, located in San Antonio, Texas, time and labor management, and human management! At least $ 1.85 billion dollars as of 11 May 2022 mark Zuckerberg had plans... 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