He. MEAWW is an initialism for Media Entertainment Arts WorldWide. Mr. Richison owns over 9,611 units of Paycom Software Inc stock worth over $1,543,132,270 and over the last 9 years he sold PAYC stock worth over $464,538,932. Costco? Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. Post graduation, Chad Richison began his career in the payroll industry. The latest Tweets from Chad Richardson (@CP_Richardson): "Spring skiing in January!! 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. Paycom's stockprice on Monday hovered above $400. Chad Meredith Hurley is an American webmaster and businessman who serves as the advisor and former chief executive officer of YouTube. Chad Richison, founder and CEO of Paycom and a 1993 graduate of Central, announced an additional $10 million gift for the stadium improvements, bringing his total investment in the university to $25 million and continuing his legacy as the largest donor in UCO history. Best mylar sleeves for protection. The founder and CEO of payroll processor Paycom runs a foundation focused on mental health and has been a big donor to food banks across the Sooner State. Robert "RJ" Scaringe is an American entrepreneur and engineer, the founder and CEO of electric vehicle manufacturer Rivian. Richison, 50, founded Paycom in 1998. She received her bachelors degree in business administration and management from Oklahoma State University in 1993, and has mostly worked in the medical business. Jeff York Chief Sales Officer. David wrote two software programs for use at the company. 2023 www.oklahoman.com. Currently working as President and Chief Executive Officer at Paycom in Oklahoma, United States. Access your favorite topics in a personalized feed while you're on the go. Oklahoma City billionaire Chad Richison runs a software company called Paycom. [15] In October 2017, he gave an additional $4 million gift to its 'complete the dream' campaign.[16]. Last year, her husband Chad Richison was awarded compensation valued at $211 million by Paycom and this will end up adding more than $2 billion to his fortune over the next decade, in 2020 he became one of the highest-paid CEO in S&P 500 companies. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. Paycom's board gave Richison 1.61 million shares of company stockthat he can only access if prices reach specific targets. The Paycom CEO signed up for The Giving Pledge because he wanted to make a difference. Along the way, I co-founded the Giving Pledge in 2010 and committed to giving away the majority of my resources in my lifetime. Paycom officials represent a substantial share of fourth-quarter donations to Joy Hofmeister's gubernatorial campaign, making the company a significant player in the Democratic Party's effort to win an election for Oklahoma governor for the first time since 2006. . He currently lives in Murfreesboro with his family, including his daughter and son. [2] In 1998, Richison returned his family to Oklahoma and founded Paycom.[3]. Chad Richison has been working as a President, Chief Executive Officer & Director at Paycom for 25 years. Bachelor of Arts/Science, University of Central Oklahoma. Document Delivery; API; About Companies Officers; Home / Arkansas / PAYCOM PAYROLL, LLC / CHAD RICHISON. All rights reserved. Chad Richison eventually moved to Denver and started working at a regional payroll provider. Chad Richison, the Founder and CEO of Paycom the leading tech company in cloud-based payroll and human resources software is always seeking opportunities to modernize the industry. Richison, who owns about 12% of Paycom shares, first joined the billionaire club in 2019 when the companys stock surged enough to earn him a place on Forbes Worlds Billionaires list with a net worth of $1.5 billion. But their main residence remains a 240-acre compound in the Oklahoma City suburb of Edmond, Oklahoma, where they enjoy luxe amenities that include a 10,500-square-foot main mansion, a full-size tennis court, a small lake, and a huge swimming pool fed by its own lazy river/mini-waterpark. Paycom Founder and CEO Chad Richison speaks on After the Bell with David Asman on Fox Business about the Ongoing Payroll Tax Extension Debate in Congress.Vis. As the economic effects of the pandemic have devastated the city in 2020 unemployment reached a peak of 12.9% in May before falling to around 6% in October Richison has donated about $6 million to local food banks, schools and groups that aid the homeless. eventCategory: event.slot.getSlotElementId(), Richison, the CEO and founder of Oklahoma City-based payroll processing firm Paycom, wasn't yet a billionaire then but the idea stuck with him. 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}} During the time, Chad noticed that there were many inefficiencies and problems in the process of payroll management systems. "To their credit, this couldn't have been an easy build and I'm sure it cost them millions of dollars to build it," Elliott told Business Insider. At the final target price of $1,750 a share, this fully vested compensation package could be worth more than $2.8 billion if Richison retained all his shares. 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. Paycom founder and CEO Chad Richison was the highest compensated CEO in 2020, the New York Times reported. FACT CHECK: Dave Ramsey Made a Statement About America Online, FACT CHECK: CIA Director Gina Haspel Found Dead, FACT CHECK: Kwik Trip Launches Kwik Strip Gentlemens Clubs, Meet Sophia Giangiordano, the Girlfriend of Buckeyes QB Kyle McCord, Meet Tampa Bay Lightning LW Tanner Jeannots Wife, Keely Jeannot, Meet Los Angeles Dodgers 2B Gavin Luxs Girlfriend, Molly OBoyle, Meet Seattle Mariners 2B Kean Wongs Wife, Kumaikalani Wong, Meet WKU 2023 NFL Draft Prospect Kaleb Olivers Girlfriend, Maia Hamp, Meet Kristin Eckstein, Wife of The Power of How Podcaster Matt Fulchiron, Oklahoma State University, Wake Forest University. Edlich filled the property with a treasure trove of one-of-a-kind artifacts from her travels around the globe. Biography of Chad Richison. Find Chad Richison's accurate email address and contact/phone number in Adapt.io. Nasim Pedrads Chad will move to the Roku Channel for its second season. Green Shoe is the only one thats essentially free.. The goal is to prevent it from going from generation to generation., Richison attended a similar retreat himself in Arizona many years ago and returned feeling enlightened, but he was dismayed by the high cost of entry. Edlich and Kinsella did not immediately respond to Business Insider's request for comment. document.querySelector("#ads").addEventListener('click',function(){ Following that, she joined Novo Nordisks Oklahoma City branch in 2004. Paycom is part of the Financial Software industry, and located in Oklahoma, United States. His donation was used to fund and overhaul the universitys athletic program. My hope is this commitment inspires others and demonstrates that what we can achieve in life is only limited to our imagination and when we do good deeds, reads Richisons profile on The Giving Project website. Murali Krishna Eliminating the Stigma Award'. Chad Richardson is a Canadian musician from St. John's, Newfoundland, Canada. Charis Richison enrolled in Wake Forest Universitys Graduate School for the Arts and Sciences in 2020. Charis, who is passionate about helping students across the state, has volunteered in Oklahoma City schools assisting students with management of their diabetic medical plans, serving as a mentor, and providing cultural experiences for OKC students in the arts through Civic Center experiences. Richison bought the home from attorney Dale Kinsella and skincare company founder Liz Edlich, who picked up the property in 2000 and spent 12 years building the beach house, per Dirt. Find contact details for 700 million professionals. }); Top editors give you the stories you want delivered right to your inbox each weekday. Chad Richison, who founded the payroll processor in 1998, was awarded 1.61 million restricted shares in November. }); Chad Richison started Paycom in 1998. 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