Paycom CEO Richison donates to UCO
Further solidifying himself as the University of Central Oklahoma’s largest donor, Chad Richison, company founder and CEO of Oklahoma Citybased Paycom, is donating $10 million to the school to improve and expand Broncho athletics.
The donation announced Wednesday will go toward upgrading the Broncho’s football facilities as plans describe additional stadium seating, a waterfall feature, a new video board and a new name for the school’s stadium: Chad Richison Stadium.
A 1993 graduate of UCO, Richison has invested in his alma mater in the past with funding that went to baseball projects, expansion of the school’s fieldhouse and the creation of a sports performance center for student athletes and coaches.
Combined with the most recent donation, Richison has given $25 million for improvement projects to the school’s athletic department, which will now rename their facilities complex the “Chad Richison Sports Complex.”
“I am passionate about higher education and collegiate athletics,” Richison said. “I appreciated the experience I had at UCO and hope this gift inspires others to accomplish something they may not have dreamed possible.”
Richison was a member of UCO’s wrestling team in the early 1990s, and was inducted into the school’s Hall of Fame in 2014.
In 2019, Richison helped to fund an addition to the Hamilton Field House, which now houses one of the largest wrestling rooms in the country as well as practice areas and lounges.
The new football focused project will add 1,900 seats for Broncho home games, increasing stadium capacity to 12,000. A new upper level seating concourse, additional restrooms and concessions and a new turf playing surface are all hallmarks of the project anticipated to be completed by the start of the 2022 UCO football season.
“Chad’s multiple investments in our athletics facilities bolster our belief that UCO is a special place and Broncho athletic teams are uniquely positioned to win,” UCO Athletic Director Stan Wagnon said. “His generosity, and more so his confidence in our institution, give us a great sense of pride in representing Central.
For his contributions to the school, Richison will be recognized at halftime of the Broncho’s homecoming football game that kicks off at 2 p.m. Saturday against Washburn (Kan.)