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In April 2021, it was reported
Richison was the highest paid CEO of any American company in 2020, receiving US$ 211.3 million as part of a restricted stock award. If Paycom's stock doesn't meet specific targets by 2030, the compensation package for 2020 will be in the range of $ 20 million (Richison
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Entrepreneur of the Year Award for the
Southwest Area North. Richison was bestowed the highest honor at the University of Central Oklahoma in 2012 after being named a Distinguished Alumnus. Richison earned The Oklahoman's 2013 Large Business Leadership Award, while his company ranked as one of the
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with a successful initial public offering of 6,645,000 shares that generated net proceeds of $ 64.3 million. Following the IPO, Richison purchased an additional 52,600 shares of Paycom stock. In 2019, Richison said that the next important thing for the company is 100% employee engagement and usage
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In 2015, Richison founded the Green Shoe
Foundation, an organization devoted to helping functioning adults reconcile childhood traumas so they can live a life of peace and maturity. In addition to Green Shoe, Richison also created the Richison Family Foundation, which provides funding for
175:
In
November 2015, Richison made, at the time, the single-largest donation ever to his alma mater's athletic program. His $ 10 million gift to UCO Athletics will fund its athletic complex. In October 2017, he gave an additional $ 4 million gift to its 'complete the dream' campaign.
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with Paycom’s database. He sees employee self-service (ESS) technology as a necessary change, allowing employees more freedom to manage and input their own HR data, and freeing businesses to do more strategic, and less administrative, work.
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Richison was ranked one of the top 100 CEOs nationally in 2019 by
Glassdoor, and was the only Oklahoma executive on the large business list. Richison’s placement ranked him above notable technology leaders like Apple’s Tim Cook.
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Richison founded Paycom in 1998 and has remained on as its
President and Chief Executive Officer. Paycom is believed to be one of the first companies to process payroll completely online and has been recognized by
223:
ranked
Richison among the highest rated CEOs for 2014. In 2015, Richison was named Oklahoma’s Most Admired CEO in the public company category and was profiled in Oklahoma’s Most Admired CEOs magazine.
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estimated his net worth at U.S. $ 2.3 billion. Richison is one of only seven billionaires residing in
Oklahoma and is the youngest Oklahoman on the list.
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organizations in children's education, foster care, food supplies and mental health. Their work includes support for
Oklahoma's first
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In 2021, following a $ 10 million donation from
Richison, the University of Central Oklahoma's football stadium was renamed the
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Leading Change in Turbulent Times: How Effective Leaders Execute Change and Land Safely in Health and Business
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A native Oklahoman, Richison began his career in sales with ADP, a global payroll provider, before moving to
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769:"Oklahoma City National Memorial & Museum receives $ 1 million gift from Paycom CEO Chad Richison"
743:"OETA Receives $ 1 Million Donation From Paycom CEO, Chad Richison Through Richison Family Foundation"
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to work for a smaller, regional payroll provider. In 1998, Richison and his family moved to
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795:"Oklahoma Billionaire Chad Richison Joins The Giving Pledge, Shares His Philanthropy Goals"
417:"Insider Buying: Chad R. Richison Acquires 52,600 Shares of Paycom Software Stock (PAYC)"
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Richison, a graduate of Tuttle High School, holds a B.A. in Mass Communications from the
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is an American entrepreneur who has served as President and Chief Executive Officer of
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931:"Top Workplaces: Paycom employees enjoy parties, fitness classes, subsidized meals"
645:"Paycom founder gives $ 10M to University of Central Oklahoma athletic department"
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for its continued growth as one of the fastest-growing companies in the U.S.
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820:"Paycom CEO Chad Richison donates $ 10 million to UCO for stadium upgrades"
521:"C.E.O. Pay Remains Stratospheric, Even at Companies Battered by Pandemic"
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694:"Mental health foundation breaks ground on new retreat center in OKC"
672:"UCO Alumnus Chad Richison Gifts $ 4 Million to 'Complete the Dream'"
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1063:"Newcomers: These 19 Billionaires Join The Forbes 400 List In 2019"
468:"Newcomers: These 19 Billionaires Join The Forbes 400 List In 2019"
443:"Newcomers: These 19 Billionaires Join The Forbes 400 List In 2019"
281:"Paycom Quiet Period Expiration Will Likely Pay Off For Investors"
1087:"Forbes 400: No new faces, just changing places among Oklahomans"
719:"OKC VeloCity | ACS breaks ground on Chad Richison Hope Lodge"
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is not eligible for another stock incentive until 2026).
202:. To date, he has donated $ 25 million to the college.
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On April 21, 2014, Richison took Paycom public on the
1037:"Green Shoe Foundation of OKC to host groundbreaking"
985:"The Best Medium-Sized Companies to Work For and Why"
964:. The Journal Record archives (subscription needed)
391:"Scaling service: Paycom CEO sees growth after IPO"
341:. The Journal Record archives (subscription needed)
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234:From 2019 to 2021, Richison has been named to the
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619:"Meet the billionaires of the new cloud boom"
191:In December 2020, he announced he had joined
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958:"Richison ranked among highest-rated CEOs"
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186:Oklahoma Educational Television Authority
27:American entrepreneur and philanthropist
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1163:University of Central Oklahoma alumni
1009:Jessica Mitchell (12 February 2015).
983:Karol, Gabrielle (11 December 2013).
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929:Bailey, Brianna (15 December 2013).
904:"Leadership Award – Large Companies"
335:"Paycom CEO predicts company growth"
307:"Loss leaves boss driven to succeed"
1183:Central Oklahoma Bronchos wrestlers
692:Howell, Melissa (3 February 2018).
643:Kathryn McNutt (10 November 2015).
902:Burkes, Paula (15 December 2013).
875:Hamlin, Reagan (31 October 2012).
164:Richison lives with his family in
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1168:Businesspeople from Oklahoma City
846:"Paycom founder among 'Top CEOs'"
591:Dishman, David (6 October 2018).
877:"UCO names distinguished alumni"
367:. Smart Business. 26 August 2010
1143:Inc. company profile for Paycom
670:Neese, Sarah (2 October 2017).
593:"Oklahomans land on Forbes 400"
572:from the original on 2021-04-25
333:Bruns, Brian (25 August 2011).
305:Mecoy, Don (29 November 2009).
214:In 2010, Richison received the
844:Denwalt, Dale (21 June 2019).
415:Davis, Scott (22 April 2014).
104:University of Central Oklahoma
55:Founder, CEO and President of
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1138:Paycom’s Corporate Governance
617:Novet, Jordan (1 June 2019).
219:Top Workplaces in the state.
1178:People from Tuttle, Oklahoma
519:Gelles, David (2021-04-24).
389:Brian, Brus (29 May 2014).
254:Lawson, Michael S. (2010).
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1158:American chief executives
1011:"2015 Most Admired CEO's"
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279:Dion, Don (1 May 2014).
98:Early life and education
79:Entrepreneur of the Year
956:Staff (24 March 2014).
395:The Wall Street Journal
149:New York Stock Exchange
117:and he founded Paycom.
552:Paycom Software, Inc.
229:Green Shoe Foundation
200:Chad Richison Stadium
94:since its founding.
1017:. The Journal Record
206:Awards and accolades
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1015:The Journal Record
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793:Tognini, Giacomo.
554:"Form 10-K (2020)"
525:The New York Times
494:Reuter, Dominick.
361:"Hitting pay dirt"
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106:(1989–93).
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1097:2021-11-11
1072:2019-12-06
1047:2020-06-17
829:29 October
804:2020-12-22
779:2021-05-27
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452:2019-12-20
242:References
236:Forbes 400
182:Hope Lodge
753:17 August
533:0362-4331
221:Glassdoor
576:25 April
567:Archived
115:Oklahoma
111:Colorado
18:Richison
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71:Awards
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