Chad Richison has a significant holding in Paycom, with over 6.78 million shares to his name. These shares peaked in January 2020, placing his net worth around $2.41 billion. However, market changes saw this value drop to approximately $1.45 billion...
Chad Richison has a significant holding in Paycom, with over 6.78 million shares to his name. These shares peaked in January 2020, placing his net worth around $2.41 billion. However, market changes saw this value drop to approximately $1.45 billion by May 2024. During this time, he has experienced fluctuations in the value of his holdings, which are largely tied to Paycom's stock performance. His net worth demonstrates his commitment to the company's success and aligns his interests with that of the shareholders. As of 2023, he did not receive any stock awards due to the terms of a performance award set for 2020, which he ended up forfeiting when he shifted to the Co-CEO role. Richison's strategic moves and stake in the company signify his deep-rooted involvement in its growth trajectory.