In 2023, Chad Richison earned $3.13M in total compensation at Paycom Software, including $832.19K salary and $765.70K bonus. Most recently acquired 86,296 shares in Feb 2025. Currently holds stock worth $444.02M. Has donated $140.34M in stock to charitable causes. Has led Paycom Software for over 27 years.
Compensation History
Annual executive compensation data for Chad Richison, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.13M
Salary
$832.19K
Bonus
$765.70K
Other
$1.54M
Salary
$832.19KBoard Justification
The compensation program aims to motivate, reward, and retain executives while aligning their interests with stockholders, focusing on performance-based incentives tied to company financial metrics.
Bonus
$765.70KBoard Justification
Annual Incentive Plan with a target equal to 100% of base salary, based on performance metrics including revenue growth and adjusted EBITDA for 2023.
Other Compensation
$1.54MBoard Justification
Includes personal security services, country club dues, and other perquisites as outlined in the compensation details.
Restricted Stock
Board Justification
No stock awards vested in 2023 as Mr. Richison did not receive any equity incentives in 2023 due to the terms of the 2020 CEO Performance Award.
Performance Metrics
Revenue growth, adjusted EBITDA, and annual revenue retention rate.
Chad Richison
Founder and CEO of Paycom Software
Field of Expertise
Business & Management
Sector of Economy
Technology
CEO of Paycom Software for
27 years 11 months (Jan 1998 - Present)
Previous Experience
Founder of Paycom Software, Inc.
Other Paycom Software CEOs
Holdings
Track Chad Richison's stock holdings and portfolio value over time.
Total Stock Sold
$554.09M
$554.09M
5,097,111 PAYC shares
What if they kept their stock?
If Chad Richison didn't sell their stock, today they would have:
Extra PAYC5,097,111 shares worth $846.83M.
This is 52.83% and $292.74M more than what they got when they sold the stock.
Charitable Transactions
844,738 shares
PAYC
Recent Charitable Transactions
1,200 shares
PAYC
Dec 4, 2024
Charity
100,000 shares
PAYC
Nov 26, 2024
Charity
1,500 shares
PAYC
Oct 7, 2024
Charity
117,248 shares
PAYC
Sep 17, 2024
Charity
1,840 shares
PAYC
Dec 11, 2023
Charity
969 shares
PAYC
Nov 3, 2023
Charity
Insider Trading
Chad Richison's recent stock transactions, purchases, and sales filed with the SEC.
86,296 shares
PAYC
Feb 21, 2025
Received
600 shares
PAYC
Dec 4, 2024
Charity
1,200 shares
PAYC
Dec 4, 2024
Charity
100,000 shares
PAYC
Nov 26, 2024
Charity
$894.55K
PAYC at $229.37/share
Nov 13, 2024
Sale
$892.01K
PAYC at $228.72/share
Nov 12, 2024
Sale
$1.77M
PAYC at $227.18/share
Nov 8, 2024
Sale
$892.97K
PAYC at $228.97/share
Nov 7, 2024
Sale
$834.58K
PAYC at $213.99/share
Nov 5, 2024
Sale
$891.48K
PAYC at $228.58/share
Nov 6, 2024
Sale
Rivals
Compare Chad Richison with competitor CEOs and industry peers.