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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 $7.83 million as of October 2nd, 2024. Mr. Lohani owns 39,764 shares of Paylocity stock worth more than $7,826,748 as of December 21st. 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 36 years old. There are 6 older executives and no younger executives at Paylocity. The oldest executive at Paylocity is Mr. Joshua Scutt, Senior Vice President of Sales, who is 53 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, 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?: During the past quarter, Rachit Lohani has sold $107,142.14 of Paylocity stock. Most recently, Rachit Lohani sold 658 shares of the business's stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $162.83, for a transaction totalling $107,142.14. Following the completion of the sale, the senior vice president now directly owns 39,764 shares of the company's stock, valued at $6,474,772.12. Learn More on Rachit Lohani's trading history.
Who are Paylocity's active insiders?: Paylocity's insider roster includes Steven Beauchamp (Executive Chairman of the Board), 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 31 times. They sold a total of 258,313 shares worth more than $47,341,863.33. The most recent insider tranaction occured on December, 17th when SVP Andrew Cappotelli sold 10 shares worth more than $2,015.90. Insiders at Paylocity own 21.9% of the company. Learn More about insider trades at Paylocity.
Information on this page was last updated on 12/17/2024.

Rachit Lohani Insider Trading History at Paylocity

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
10/2/2024	Sell	658	$162.83	$107,142.14	39,764
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 engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection. It also provides human resources (HR) software solutions for employee self-service, compliance, HR edge, data analytics, and workflows and documents, as well as human resource management system; talent management system for recruiting, onboarding, performance, compensation, and learning; and benefits administration software. In addition, the company offers employee experience platform for community, employee voice, recognition and rewards, video, and modern workforce index; HR reporting software; and mobile HR solutions. 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. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.

Today's Range

Now: $196.83

$194.55

$199.81

50 Day Range

MA: $195.46

$168.22

$213.79

2 Week Range

Now: $196.83

$129.94

$215.68

Volume

751,593 shs

Average Volume

490,341 shs

Market Capitalization

$10.97 billion

P/E Ratio

50.34

Dividend Yield

N/A

Beta

0.92

WARNING: “Buffett Indicator” flashing for first time in 50 years

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Take these 4 steps today to protect your retirement NOW

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?