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Rachit Lohani Biography and Net Worth

CTO of Paylocity

As Chief Technology Officer, Senior Vice President (Engineering and Product), at Paylocity, I am excited to be a part of the transformation, building human capital management (HCM) technology that improves our clients’ workplaces and experiences. The HCM space is evolving and driving a lot of much-needed change, and at Paylocity our values promote a strong culture that not only encourages our teams to listen to our clients while building for the future but also respect each other’s unique backgrounds and values. I strongly align with Paylocity in terms of culture, perspective, and the impact that we want to have on people. I am grateful to be a member of this amazing team.

My experience spans across 15 years in the engineering space, leading and mentoring teams globally for companies such as AOL, Netflix, Intuit, and most recently Atlassian, where I was Head of Engineering, leading a team of more than 400, responsible for the product and core experiences serving over 25 million customers.

When I am not in “build” mode for Paylocity specifically, I spend time with my girls. I have 2 daughters, and my world revolves around them. I think they sense that and have started to take advantage of that, which I love.

“As a leader, I strive to build high-performing teams by bringing customers closer to the makers. The most exciting part of my job is the people. Once we have the right environment, organizations can deliver value to delight the customer.”

What is Rachit Lohani's net worth?: The estimated net worth of Rachit Lohani is at least $7.19 million as of December 5th, 2023. Mr. Lohani owns 45,775 shares of Paylocity stock worth more than $7,189,422 as of April 27th. This net worth estimate does not reflect any other investments that Mr. Lohani may own. Additionally, Mr. Lohani receives an annual salary of $817,470.00 as CTO at Paylocity. Learn More about Rachit Lohani's net worth.
How old is Rachit Lohani?: Mr. Lohani is currently 37 years old. There are 8 older executives and no younger executives at Paylocity. The oldest executive at Paylocity is Mr. Steven I. Sarowitz, Founder & Chairman, who is 58 years old. Learn More on Rachit Lohani's age.
What is Rachit Lohani's salary?: As the CTO of Paylocity Holding Co., Mr. Lohani earns $817,470.00 per year. There are 3 executives that earn more than Mr. Lohani. The highest earning executive at Paylocity is Mr. Toby J. Williams J.D., President, Co-CEO & Director, who commands a salary of $1,700,000.00 per year. Learn More on Rachit Lohani's salary.
How do I contact Rachit Lohani?: The corporate mailing address for Mr. Lohani and other Paylocity executives is 1400 AMERICAN LANE, SCHAUMBURG IL, 60173. Paylocity can also be reached via phone at (847) 463-3200 and via email at [email protected]. Learn More on Rachit Lohani's contact information.
Has Rachit Lohani been buying or selling shares of Paylocity?: Rachit Lohani has not been actively trading shares of Paylocity during the last quarter. Most recently, Rachit Lohani sold 119 shares of the business's stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $156.81, for a transaction totalling $18,660.39. Following the completion of the sale, the chief technology officer now directly owns 45,775 shares of the company's stock, valued at $7,177,977.75. Learn More on Rachit Lohani's trading history.
Who are Paylocity's active insiders?: Paylocity's insider roster includes Steven Beauchamp (CEO), Andrew Cappotelli (CAO), Jeffrey Diehl (Director), Edward Gaty (SVP), Ryan Glenn (CFO), Michael Haske (COO), Mark Kinsey (SVP), Rachit Lohani (CTO), Robin Pederson (Director), Kenneth Robinson (Director), Nicholas Rost (CAO), Steven Sarowitz (Director), Joshua Scutt (SVP), Ronald Waters (Director), and Toby Williams (CFO). Learn More on Paylocity's active insiders.
Are insiders buying or selling shares of Paylocity?: In the last year, insiders at the software maker sold shares 26 times. They sold a total of 360,389 shares worth more than $66,175,246.36. The most recent insider tranaction occured on March, 13th when Director Jeffrey T Diehl sold 1,760 shares worth more than $302,086.40. Insiders at Paylocity own 22.5% of the company. Learn More about insider trades at Paylocity.
Information on this page was last updated on 3/13/2024.

Rachit Lohani Insider Trading History at Paylocity

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
12/5/2023	Sell	119	$156.81	$18,660.39	45,775

Rachit Lohani Buying and Selling Activity at Paylocity

Paylocity Company Overview

Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.

Today's Range

Now: $157.06

$156.75

$159.94

50 Day Range

MA: $167.16

$156.16

$177.39

2 Week Range

Now: $157.06

$139.40

$230.52

Volume

374,120 shs

Average Volume

348,201 shs

Market Capitalization

$8.85 billion

P/E Ratio

53.06

Dividend Yield

N/A

Beta

0.87

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Rachit Lohani Biography and Net Worth

What is Rachit Lohani's net worth?

How old is Rachit Lohani?

What is Rachit Lohani's salary?

How do I contact Rachit Lohani?

Has Rachit Lohani been buying or selling shares of Paylocity?

Who are Paylocity's active insiders?

Are insiders buying or selling shares of Paylocity?