Paycom Software Management
Management criteria checks 4/4
Paycom Software's CEO is Chad Richison, appointed in Jan 1998, has a tenure of 26.25 years. total yearly compensation is $3.12M, comprised of 26.2% salary and 73.8% bonuses, including company stock and options. directly owns 11.87% of the company’s shares, worth $1.28B. The average tenure of the management team and the board of directors is 3.2 years and 7.4 years respectively.
Key information
Chad Richison
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 26.2% |
| CEO tenure | 26.3yrs |
| CEO ownership | 11.9% |
| Management average tenure | 3.2yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$817k | US$341m |
| Sep 30 2023 | n/a | n/a | US$339m |
| Jun 30 2023 | n/a | n/a | US$316m |
| Mar 31 2023 | n/a | n/a | US$309m |
| Dec 31 2022 | US$3m | US$786k | US$281m |
| Sep 30 2022 | n/a | n/a | US$250m |
| Jun 30 2022 | n/a | n/a | US$228m |
| Mar 31 2022 | n/a | n/a | US$223m |
| Dec 31 2021 | US$3m | US$754k | US$196m |
| Sep 30 2021 | n/a | n/a | US$172m |
| Jun 30 2021 | n/a | n/a | US$169m |
| Mar 31 2021 | n/a | n/a | US$145m |
| Dec 31 2020 | US$211m | US$725k | US$143m |
| Sep 30 2020 | n/a | n/a | US$164m |
| Jun 30 2020 | n/a | n/a | US$176m |
| Mar 31 2020 | n/a | n/a | US$196m |
| Dec 31 2019 | US$21m | US$696k | US$180m |
| Sep 30 2019 | n/a | n/a | US$167m |
| Jun 30 2019 | n/a | n/a | US$156m |
| Mar 31 2019 | n/a | n/a | US$143m |
| Dec 31 2018 | US$17m | US$667k | US$137m |
| Sep 30 2018 | n/a | n/a | US$154m |
| Jun 30 2018 | n/a | n/a | US$146m |
| Mar 31 2018 | n/a | n/a | US$131m |
| Dec 31 2017 | US$9m | US$642k | US$123m |
Compensation vs Market: Chad's total compensation ($USD3.12M) is below average for companies of similar size in the UK market ($USD5.62M).
Compensation vs Earnings: Chad's compensation has been consistent with company performance over the past year.
CEO
Chad Richison (53 yo)
26.3yrs
Tenure
US$3,118,606
Compensation
Mr. Chad R. Richison is President and Founder of Paycom Software, Inc. (“Paycom”) since 1998. He has been a Director at Paycom Software, Inc. since 1998 and has been its Chairman of the Board since August...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 26.3yrs | US$3.12m | 11.87% $ 1.3b | |
| Co-Chief Executive Officer & COO | 1.1yrs | US$9.19m | 0.053% $ 5.7m | |
| CFO, Treasurer & Corporate Secretary | 18.2yrs | US$17.16m | 0.52% $ 56.3m | |
| Chief Information Officer | 6yrs | US$15.36m | 0.11% $ 11.6m | |
| Chief Administrative Officer | less than a year | US$10.59m | 0.073% $ 7.9m | |
| Head of Investor Relations | 5.3yrs | no data | no data | |
| General Counsel | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Executive Vice President of Sales | no data | no data | no data | |
| Director of Recruiting | no data | no data | no data |
3.2yrs
Average Tenure
53yo
Average Age
Experienced Management: 0KGH's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 26.3yrs | US$3.12m | 11.87% $ 1.3b | |
| Independent Director | 7.4yrs | US$331.27k | 0.0031% $ 334.7k | |
| Independent Director | 16.8yrs | US$332.77k | 0.017% $ 1.9m | |
| Lead Independent Director | 10.1yrs | US$358.77k | 0.026% $ 2.8m | |
| Independent Director | 7.4yrs | US$335.27k | 0.012% $ 1.3m | |
| Independent Director | 1.9yrs | US$332.27k | 0.0024% $ 262.3k | |
| Independent Director | 2.6yrs | US$327.77k | 0.0031% $ 337.9k |
7.4yrs
Average Tenure
66yo
Average Age
Experienced Board: 0KGH's board of directors are considered experienced (7.4 years average tenure).