Paycom Software, Inc. (PAYC) Leadership & Management Team Analysis - Simply Wall St (2024)

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 $1.29B. 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 percentage26.2%
CEO tenure26.3yrs
CEO ownership11.9%
Management average tenure3.2yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

Unpleasant Surprises Could Be In Store For Paycom Software, Inc.'s (NYSE:PAYC) SharesMar 28Paycom: An Investment With Dividend Growth Potential Mar 28Is There An Opportunity With Paycom Software, Inc.'s (NYSE:PAYC) 37% Undervaluation?Mar 13Paycom Software Q4: Revenue Growth Has To Reaccelerate Mar 05Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?Feb 27Paycom: BETI Continues To Cannibalise And FY24 Is Expected To Be Weak Feb 24Paycom: Undemanding Valuation For A Quality SaaS Stock Jan 29Returns On Capital Signal Tricky Times Ahead For Paycom Software (NYSE:PAYC)Jan 25Paycom: BETI Looks Good Long-Term Jan 22Paycom Software: Focus On The Bigger Picture Jan 10Earnings Not Telling The Story For Paycom Software, Inc. (NYSE:PAYC)Dec 25Paycom: BETI Was A Double-Edged Sword Dec 06Is It Time To Consider Buying Paycom Software, Inc. (NYSE:PAYC)?Nov 27Paycom Gives Me Flashbacks Of DocuSign Crash: Shares Are Not A Buy Nov 08Paycom Stock Tumbles: Upgrade To Strong Buy, $400 Million Net Cash, GAAP Profitability Nov 01Does Paycom Software (NYSE:PAYC) Have A Healthy Balance Sheet?Oct 22Paycom Software: Fundamentals Remain Strong, Reiterate Buy Oct 03Some Investors May Be Worried About Paycom Software's (NYSE:PAYC) Returns On CapitalSep 21Are Investors Undervaluing Paycom Software, Inc. (NYSE:PAYC) By 40%?Sep 03Paycom: A Positive Opportunity After Q2 Aug 29Why Paycom Software, Inc. (NYSE:PAYC) Could Be Worth WatchingAug 18Paycom Crashes 20%: A Post-Earnings Analysis Aug 02Paycom Software: Earnings Preview; Valuation Nearing Target Jul 27We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With EaseJul 19Paycom: Initiated A Dividend, Plus Strong FCF Jul 05Paycom Software: International Opportunity Expands TAM And Growth Runway Jun 21We Think Paycom Software (NYSE:PAYC) Can Manage Its Debt With EaseJun 19Paycom Software (NYSE:PAYC) Is Aiming To Keep Up Its Impressive ReturnsJun 05Paycom: A Highly Efficient Growth Company May 26A Look At The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)May 20Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?May 08We Ran A Stock Scan For Earnings Growth And Paycom Software (NYSE:PAYC) Passed With EaseApr 12Paycom Software (NYSE:PAYC) Seems To Use Debt Rather SparinglyMar 12Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital EffectivelyFeb 28Calculating The Fair Value Of Paycom Software, Inc. (NYSE:PAYC)Feb 16Paycom Software: Power To The Employees Feb 06Is Now The Time To Look At Buying Paycom Software, Inc. (NYSE:PAYC)?Feb 02Paycom Performs Way Ahead Of Expectations Jan 26Is Now The Time To Put Paycom Software (NYSE:PAYC) On Your Watchlist?Dec 25Here's What's Concerning About Paycom Software's (NYSE:PAYC) Returns On CapitalNov 28Is Paycom Software (NYSE:PAYC) Using Too Much Debt?Nov 16Estimating The Intrinsic Value Of Paycom Software, Inc. (NYSE:PAYC)Oct 24Is Paycom Software, Inc. (NYSE:PAYC) Potentially Undervalued?Oct 10Do Paycom Software's (NYSE:PAYC) Earnings Warrant Your Attention?Sep 26Paycom Software: Well Positioned To Capture Share From Legacy Vendors Sep 12Paycom Software (NYSE:PAYC) Might Be Having Difficulty Using Its Capital EffectivelyAug 16

CEO Compensation Analysis

How has Chad Richison's remuneration changed compared to Paycom Software's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$3mUS$817k

US$341m

Sep 30 2023n/an/a

US$339m

Jun 30 2023n/an/a

US$316m

Mar 31 2023n/an/a

US$309m

Dec 31 2022US$3mUS$786k

US$281m

Sep 30 2022n/an/a

US$250m

Jun 30 2022n/an/a

US$228m

Mar 31 2022n/an/a

US$223m

Dec 31 2021US$3mUS$754k

US$196m

Sep 30 2021n/an/a

US$172m

Jun 30 2021n/an/a

US$169m

Mar 31 2021n/an/a

US$145m

Dec 31 2020US$211mUS$725k

US$143m

Sep 30 2020n/an/a

US$164m

Jun 30 2020n/an/a

US$176m

Mar 31 2020n/an/a

US$196m

Dec 31 2019US$21mUS$696k

US$180m

Sep 30 2019n/an/a

US$167m

Jun 30 2019n/an/a

US$156m

Mar 31 2019n/an/a

US$143m

Dec 31 2018US$17mUS$667k

US$137m

Sep 30 2018n/an/a

US$154m

Jun 30 2018n/an/a

US$146m

Mar 31 2018n/an/a

US$131m

Dec 31 2017US$9mUS$642k

US$123m

Compensation vs Market: Chad's total compensation ($USD3.12M) is below average for companies of similar size in the US market ($USD13.37M).

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

NamePositionTenureCompensationOwnership
Chad Richison
Founder26.3yrsUS$3.12m11.87%
$ 1.3b
Christopher Thomas
Co-Chief Executive Officer & COO1.1yrsUS$9.19m0.053%
$ 5.7m
Craig Boelte
CFO, Treasurer & Corporate Secretary18.2yrsUS$17.16m0.52%
$ 56.7m
Bradley Smith
Chief Information Officer6yrsUS$15.36m0.11%
$ 12.1m
Jason Clark
Chief Administrative Officerless than a yearUS$10.59m0.073%
$ 8.0m
James Samford
Head of Investor Relations5.3yrsno datano data
Matthew Paque
General Counselno datano datano data
Steve Sturges
Chief Marketing Officerless than a yearno datano data
Tiffany McGowen
Director of Recruitingno datano datano data
Amy Walker
Executive Vice President of Salesno datano datano data

3.2yrs

Average Tenure

53yo

Average Age

Experienced Management: PAYC's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Chad Richison
Founder26.3yrsUS$3.12m11.87%
$ 1.3b
Henry Duques
Independent Director7.4yrsUS$331.27k0.0031%
$ 336.9k
Robert Levenson
Independent Director16.8yrsUS$332.77k0.017%
$ 1.9m
Frederick Peters
Lead Independent Director10.1yrsUS$358.77k0.026%
$ 2.9m
J.C. Watts
Independent Director7.4yrsUS$335.27k0.012%
$ 1.3m
Felicia Williams
Independent Director1.9yrsUS$332.27k0.0024%
$ 264.1k
Sharen Turney
Independent Director2.6yrsUS$327.77k0.0031%
$ 340.2k

7.4yrs

Average Tenure

66yo

Average Age

Experienced Board: PAYC's board of directors are considered experienced (7.4 years average tenure).

Paycom Software, Inc. (PAYC) Leadership & Management Team Analysis  - Simply Wall St (2024)
Top Articles
Latest Posts
Article information

Author: Jonah Leffler

Last Updated:

Views: 6416

Rating: 4.4 / 5 (65 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Jonah Leffler

Birthday: 1997-10-27

Address: 8987 Kieth Ports, Luettgenland, CT 54657-9808

Phone: +2611128251586

Job: Mining Supervisor

Hobby: Worldbuilding, Electronics, Amateur radio, Skiing, Cycling, Jogging, Taxidermy

Introduction: My name is Jonah Leffler, I am a determined, faithful, outstanding, inexpensive, cheerful, determined, smiling person who loves writing and wants to share my knowledge and understanding with you.