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Major HCM vendors Kronos and Ultimate Software enter merger agreement. Media Contact Employee engagement surveys with artificial intelligence (AI). Today, Ultimate supports more than 6,600 customers and more than 51 million people records in the cloud. Ultimate Software, a leading provider of human capital management (HCM) solutions in the cloud, announced today that the company’s Board of Directors has promoted Adam Rogers to serve as co-CEO alongside Scott Scherr. Adam Rogers, chief technology officer of Ultimate Software, addresses employees as CEO Scott Scherr watches during unveiling of their company's new flagship building in … Ultimate & Kronos Rebrand The ‘People First’ mission Scott pioneered is, and will remain, Ultimate’s foundation and key to success. Combined, the cloud companies will have revenues of approximately $3 billion and an enterprise value of $22 billion. HCM Bloggers and Influencers. The leadership/founders of this company are approachable. In line with the company’s long-standing succession plan, Ultimate’s Board of Directors appointed Adam Rogers—previously serving as co-CEO for Ultimate alongside Scherr—as Chief Executive Officer effective January 1, 2020. Rogers joined Ultimate in 1997 and has served as Chief Technology Officer since February 2007. See the full leadership team at Craft. His age seems as if he is in his seventies and thus, he has now retired from his position. Ultimate has more than 6,600 customers worldwide, including Bloomin’ Brands, Feeding America, First Horizon National Corporation, Phoenix Suns, Red Roof, SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. Our award-winning UltiPro delivers HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. Previously, he served in a variety of positions at Ultimate, including Senior Vice President of Development, Vice President of Engineering, and Director of Web Development. Ain, who became Kronos’ CEO in 2005, talked about his background, his philosophies and his legacy. After 22 years at Ultimate Software, Adam Rogers has been promoted to co-CEO. The new company shares joint headquarters in Lowell, Mass. HR service delivery, and more -- our unified cloud solutions do it all. Ultimate Software CEO Adam Rogers will “move on to the next chapter of his career” once the Weston-based company completes its merger … The company was founded by Scott in 1990 from then on he has been working as a CEO and president of the company. Touching. HR, payroll, time and scheduling, engagement surveys. filing showed this month. Scott Scherr, Ultimate Software. “Founding Ultimate and watching it grow to the market leader we are today has been the honor of a lifetime and I’ve loved every moment of it. “How I want to be remembered is as a great father, husband and friend, not a CEO,” Ain told the crowd. Press Releases “Our new … “Our new brand, UKG, truly unites Ultimate Software and Kronos, both as a business and as people,” said Aron Ain, CEO of the joint company. “It is impossible to express in words the leadership example that Scott has set for me and the entire organization over almost three decades,” said Rogers. As of 2017, the company employs more than 5,000 people and services 4,100 customer… #StartupStories #startups #startuptips #startuplife #startupgrind #startupmindset #success #successstories #successquotes #successtips #successmantra #entrepreneur #entrepreneurquotes #entrepreneurmindset #entrepreneurlifestyle #entrepreneurship #entrepreneurslife #motivation #motivationalquote #motivationalquotes #motivationalquoteoftheday #inspirationalquotes #instainspiration #scottscherr #peopleperson, A post shared by Startupstoriesofficial (@startupstoriesofficial) on Dec 12, 2017 at 10:28pm PST. Rogers joined Ultimate in 1997 and has served as Chief Technology Officer since February 2007. Ultimate Software provides innovative HCM solutions designed to improve the employee experience by putting people first. As chief executive officer of . One comprehensive cloud solution that delivers business benefits for your organization. Multimedia Center ULTIMATE SOFTWARE GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Scott Scherr, CEO, Ultimate Software Scott Scherr — I was brought up in a small family business led by my dad, Reuben Scherr, and I saw first-hand how to lead by example and “walk the talk.” Ultimate Software specializes in HR software solutions and HR payroll to help you improve your company's human capital management and benefits administration. Scott Scherr, who founded Ultimate Software, one of South Florida’s most successful technology companies, will retire Jan. 1, the Weston-based company announced Wednesday. The Ultimate Software Group, Inc. designs, develops, and markets software solutions. Only some of the official websites have written his bio. Rogers’ promotion is the final step in a multi-year executive transition plan to prepare for Scherr’s retirement. In May 2019, Scherr led Ultimate through the successful transition from a public company to a private company, with the acquisition of Ultimate by an investor group led by Hellman & Friedman, for an aggregate value of approximately $11 billion. He has been well-known as the founder of the popular software company named Ultimate Software. Kronos CEO Aron Ain, after the announcement of a merger with Ultimate Software, shared local hiring plans and hinted at how the combined company might go public some day. CEO approval rating: 99% "Scott (the CEO) is the sweetest man … He is known as one of the best CEOs who has brought a lot of change in the technology industry of Florida. Location is great, facilities are exceptional and very clean and updated. In the News phone: 954-331-8653; email: [email protected], For sales information, phone: 800-432-1729; website: www.ultimatesoftware.com, Newsroom In 2002, Rogers led the team that pioneered HCM in the cloud by introducing UltiPro as one of the earliest cloud-based HCM/payroll Software-as-a-Service (SaaS) technology for enterprise organizations. I have been working at UKG (Ultimate Kronos Group) full-time for more than 5 years Pros 100% company sponsored health, 45% match 401k benefits, Unlimited PTO plans are few of the best benefits retained from Ultimate software plans. Ain’s initial message to the assembled 4,500 combined Ultimate customers and employees preached the move ahead-faith-trust mantra. Automate and manage all employee-related documents. This information is according to proxy statements filed for the 2018 fiscal year. Follow Ultimate Software LinkedIn: https://ulti.pro/LinkedIn Twitter: www.twitter.com/UltimateHCM Facebook: http://www.facebook.com/UltimateSoftware, Heather Geronemus, Ultimate Software News Resources I step into the CEO role with humility and appreciation for everything Scott has done for so many, as well as excitement to lead some of the most talented people in the software industry.” “Ultimate has been my life, my family, and my passion for almost 30 years. Real time Ultimate Software Group (ULTI) stock price quote, stock graph, news & analysis. UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners. Scott Scherr’s information can be read from many websites on the internet. What’s remarkable is that Ultimate CEO Scott Scherr decided to get involved as well. Most recently, in his role as co-CEO, Rogers took over leadership of customer service, finance, legal, and business operations, along with the ongoing management of the product and IT teams, which he had been leading for over 10 years. Scott Scherr is known as one of the most kins CEO. Get Verified Email Id, Phone Number for United States Companies and Executives Database. I’m ready for the next chapter of my story, including spending more time with my family,” said Scherr. Scott is the founder of the company named Ultimate Software which is one of the biggest technology companies in Florida. Though he is one of the well-known CEO not much about his personal life is known. ULTIMATE SOFTWARE GROUP INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Workspace feels cozy and we feel like family. Ultimate Software announced today that Rollins Inc., a company that provides essential pest-control services and protection to millions of customers, is driving a high-performance culture and culture and focusing on employee needs with UltiPro. He must be rich but he has not revealed his net worth until today. Rogers’ promotion is the final step in a multi-year executive transition plan to prepare for Scherr’s retirement. By Ultimate Software | June 12, 2015 | 0 We at Ultimate Software are proud to announce that our Founder, President, and CEO, Scott Scherr, is among the Highest-Rated CEOs on Glassdoor for 2015! Aron Ain, longtime Kronos chief executive officer, is the chief executive officer and Chairman of the new company, guiding an experienced executive team comprised of leaders from both Kronos and Ultimate. Scott Scherr, founder of the HR software company and its CEO and chairman, is joined at the top by his brother Marc Scherr, the firm’s COO and vice chairman. Ultimate Software's Chief Executive Officer and Chairman is Aron Ain. Ultimate Software CEO Scott Scherr runs a billion dollar company in Weston and also invests heavily in people and community. Ultimate Software, a leading global provider of human capital management (HCM) and employee experience solutions in the cloud, announced today that co-CEO Scott Scherr will be retiring on December 31, 2019, as planned, after almost 30 years serving as the company’s founder, president, and CEO. Since he was the founder as well as the chairman during his time at Ultimate Software, he didn’t get any salary for sure. His ex-company Ultimate software gives employment to 1650 people. Scott served as the Chief Executive Officer at Ultimate Software for nearly 30 years. In 2016, Scherr was named the #2 CEO in the U.S. by Glassdoor. Under Rogers’ leadership as CTO and co-CEO, Ultimate has received notable recognition for market-leading products and services in the HCM space, including Ultimate being named a leader in the Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises for three consecutive years, being named a leader in the Nucleus HCM Value Matrix for seven consecutive years, and being named the Service Organization of the Year in the large business category by the National Customer Service Association (NCSA) in 2017. Sep 18. Scott Scherr is known as one of the most kins CEO. Awards After working for decades as a CEO of the company he is now retired from his position but still is a board member of the company. Chairman, President and CEO of The Ultimate Software Group Inc (NASDAQ:ULTI) Scott Scherr sold 70,809 shares of ULTI on 02/11/2019 at an average price of $331.68 a share. Scott Scherr is CEO of Ultimate Software and is the most loved tech CEO, according to rankings on Glassdoor. The company was founded by Scott in 1990 from then on he has been working as a CEO and president of the company. Scherr and Rogers have been working hand-in-hand since Rogers joined Ultimate 22 years ago, with Rogers taking on increased responsibilities throughout that time. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 5,600 professionals. As Chief Technology Officer at ULTIMATE SOFTWARE GROUP INC, Adam Rogers made $6,379,150 in total compensation. As mentioned earlier, we are not so much sure about his private life which is why we do not know about his children too. Scherr’s driving philosophy of treating your employees as your first priority is now widely hailed as one of the most effective business strategies to achieve high levels of employee engagement, profitability, and quality products and services. Ultimate Software Group Inc., Scherr’s pay tripled to $38.3 million last year, a . Headquartered in Weston, Florida, the company was founded in 1990 by Scott Scherr, and released its first version of software in 1993. Aron Ain, longtime Kronos chief executive officer, will be the CEO and chairman of the combined company – “guiding an experienced executive team comprised of leaders from both Ultimate and Kronos.” There was no mention in the release regarding the future of Ultimate Software CEO Adam Rogers, who took the full CEO title in January 2020. Since we do not know much about his price information, we do not know about his wife too. The Ultimate family has my eternal gratitude, support, and respect for the incredible journey over the past three decades.” About Ultimate Software Ultimate Software is a leading global provider of cloud-based human capital management and employee experience solutions, with more than 51 million people records in the cloud. More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. According to recent updates, he has now left his position of CEO and it has been handed over to Adams Rogers. “I went to my CEO and I said, ‘Here’s what happened to my family,’ ” … Aron Ain, chief executive officer of Kronos, will be the CEO of the new company, with joint headquarters in Lowell, Massachusetts and Weston, Florida. During his time as founder, CEO, and president, Scherr has led Ultimate to grow from four employees in 1990 to more than 5,000 employees and over $1 billion in revenue, making Ultimate the second-largest provider of payroll applications in the world based on revenue, according to IDC’s 2018 Worldwide Human Capital Management and Payroll Accounting Applications Software Market Shares report. Be a people person, not a people pleaser! Pay is great. Each year, the online jobs and careers marketplace lists the top leaders from companies across North America and Europe. ... CEO Rating. This company was also listed on #2 on the 100 Best Companies to Work For in 2020. As of the fourth quarter in 2017, Ultimate Software reported total revenues of over $940.7 million. Scott Scherr’s son-in-law, Adam Rogers, serves as senior vice president and chief technology officer. They truly care for their employees' and families. Ultimate Software is ultimately about the stuff of families. In line with the company’s long-standing succession plan, Ultimate’s Board of Directors appointed Adam Rogers—previously serving as co-CEO for Ultimate alongside Scherr—as Chief Executive Officer effective January 1, 2020. Earn 60+ HR credits with Ultimate's HCM Online Academy. I’m looking forward to watching this family continue to grow and succeed under Adam’s thoughtful leadership, vision to innovate, and drive to continuously reinvent the HCM industry. Leadership and Weston, Fla., with dozens of offices around the world. Other executives include Chris Todd, President; David Almeda, Chief People Officer and 18 others. “Nowhere in the history of building businesses will you find another example of an organization that so passionately takes care of its people through good times and bad the way Scott has driven Ultimate to do. (Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber) Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. In June 2019, Rogers was promoted to co-CEO after serving 12 years as Chief Technology Officer. Customer Sales and Service World Awards recognized Ultimate’s Services team as the #1 Customer Service Department of the Year in 2018 for companies with 2,500 employees or more across diverse industries. In 2019, Fortune magazine and Great Place to Work ranked Ultimate #1 on their Best Workplaces in Technology list, in the “Large Companies” category, Ultimate’s fourth consecutive year to top the list. Of this total $650,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $5,721,750 was awarded as stock and $7,400 came from other types of compensation. About Ultimate Software Ultimate Software is a leading global provider of cloud human capital management and employee experience solutions, with more than 51 million people records in … He was inducted into … Among CEOs recognized at U.S. large companies, Ultimate’s CEO, Scott Scherr, was ranked #2 and received a 99% approval rating based on the anonymous and voluntary reviews Ultimate Software employees shared on Glassdoor throughout the past year. Morgan Stanley and Goldman Sachs were financial advisers for Kronos and Ultimate Software respectively. 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