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. The company was founded by Scott in 1990 from then on he has been working as a CEO and president of the company. 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. Rogers’ promotion is the final step in a multi-year executive transition plan to prepare for Scherr’s retirement. One comprehensive cloud solution that delivers business benefits for your organization. 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. 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. Ultimate Software is ultimately about the stuff of families. 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. Location is great, facilities are exceptional and very clean and updated. What’s remarkable is that Ultimate CEO Scott Scherr decided to get involved as well. As of the fourth quarter in 2017, Ultimate Software reported total revenues of over $940.7 million. (Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber) 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. “How I want to be remembered is as a great father, husband and friend, not a CEO,” Ain told the crowd. 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. Combined, the cloud companies will have revenues of approximately $3 billion and an enterprise value of $22 billion. Scott Scherr is CEO of Ultimate Software and is the most loved tech CEO, according to rankings on Glassdoor. Scott Scherr is known as one of the most kins CEO. Sep 18. Ultimate Software provides innovative HCM solutions designed to improve the employee experience by putting people first. After 22 years at Ultimate Software, Adam Rogers has been promoted to co-CEO. Since we do not know much about his price information, we do not know about his wife too. Get Verified Email Id, Phone Number for United States Companies and Executives Database. 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 CEO Scott Scherr runs a billion dollar company in Weston and also invests heavily in people and community. ULTIMATE SOFTWARE GROUP INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. In June 2019, Rogers was promoted to co-CEO after serving 12 years as Chief Technology Officer. As Chief Technology Officer at ULTIMATE SOFTWARE GROUP INC, Adam Rogers made $6,379,150 in total compensation. Today, Ultimate supports more than 6,600 customers and more than 51 million people records in the cloud. Ultimate Software specializes in HR software solutions and HR payroll to help you improve your company's human capital management and benefits administration. Though he is one of the well-known CEO not much about his personal life is known. 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. Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. News Resources The leadership/founders of this company are approachable. 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 … This information is according to proxy statements filed for the 2018 fiscal year. Press Releases Media Contact Scott Scherr, Ultimate Software. His age seems as if he is in his seventies and thus, he has now retired from his position. phone: 954-331-8653; email: firstname.lastname@example.org, For sales information, phone: 800-432-1729; website: www.ultimatesoftware.com, Newsroom This company was also listed on #2 on the 100 Best Companies to Work For in 2020. Automate and manage all employee-related documents. 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. Earn 60+ HR credits with Ultimate's HCM Online Academy. Ain, who became Kronos’ CEO in 2005, talked about his background, his philosophies and his legacy. 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 income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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. Scott Scherr’s son-in-law, Adam Rogers, serves as senior vice president and chief technology officer. #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. HCM Bloggers and Influencers. Scott Scherr is known as one of the most kins CEO. 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. Aron Ain, chief executive officer of Kronos, will be the CEO of the new company, with joint headquarters in Lowell, Massachusetts and Weston, Florida. 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. 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. More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. ... CEO Rating. Multimedia Center and Weston, Fla., with dozens of offices around the world. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs more than 5,600 professionals. filing showed this month. Employee engagement surveys with artificial intelligence (AI). He has been well-known as the founder of the popular software company named Ultimate Software. “Our new … CEO approval rating: 99% "Scott (the CEO) is the sweetest man … Scott served as the Chief Executive Officer at Ultimate Software for nearly 30 years. “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. I’m ready for the next chapter of my story, including spending more time with my family,” said Scherr. The ‘People First’ mission Scott pioneered is, and will remain, Ultimate’s foundation and key to success. Rogers joined Ultimate in 1997 and has served as Chief Technology Officer since February 2007. 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! Be a people person, not a people pleaser! 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. Awards Touching. “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. Scott is the founder of the company named Ultimate Software which is one of the biggest technology companies in Florida. Follow Ultimate Software LinkedIn: https://ulti.pro/LinkedIn Twitter: www.twitter.com/UltimateHCM Facebook: http://www.facebook.com/UltimateSoftware, Heather Geronemus, Ultimate Software 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. Only some of the official websites have written his bio. As of 2017, the company employs more than 5,000 people and services 4,100 customer… They truly care for their employees' and families. The new company shares joint headquarters in Lowell, Mass. Scott is the founder of the company named Ultimate Software which is one of the biggest technology companies in Florida. 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. Headquartered in Weston, Florida, the company was founded in 1990 by Scott Scherr, and released its first version of software in 1993. Ultimate Software's Chief Executive Officer and Chairman is Aron Ain. 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. The Ultimate Software Group, Inc. designs, develops, and markets software solutions. Our award-winning UltiPro delivers HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. As chief executive officer of . Scott Scherr’s information can be read from many websites on the internet. 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. “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. Rogers’ promotion is the final step in a multi-year executive transition plan to prepare for Scherr’s retirement. Ultimate & Kronos Rebrand In the News In 2016, Scherr was named the #2 CEO in the U.S. by Glassdoor. 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 … According to recent updates, he has now left his position of CEO and it has been handed over to Adams Rogers. He is known as one of the best CEOs who has brought a lot of change in the technology industry of Florida. Ultimate Software CEO Adam Rogers will “move on to the next chapter of his career” once the Weston-based company completes its merger … As mentioned earlier, we are not so much sure about his private life which is why we do not know about his children too. 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. Rogers joined Ultimate in 1997 and has served as Chief Technology Officer since February 2007. 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. Connect with Scott Scherr , Chairman/President/CEO, Ultimate Software, FL ,USA. Other executives include Chris Todd, President; David Almeda, Chief People Officer and 18 others. 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. The company was founded by Scott in 1990 from then on he has been working as a CEO and president of the company. 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. Major HCM vendors Kronos and Ultimate Software enter merger agreement. He must be rich but he has not revealed his net worth until today. “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. 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. See the full leadership team at Craft. Morgan Stanley and Goldman Sachs were financial advisers for Kronos and Ultimate Software respectively. Since he was the founder as well as the chairman during his time at Ultimate Software, he didn’t get any salary for sure. HR service delivery, and more -- our unified cloud solutions do it all. “I went to my CEO and I said, ‘Here’s what happened to my family,’ ” … Pay is great. Leadership Workspace feels cozy and we feel like family. Each year, the online jobs and careers marketplace lists the top leaders from companies across North America and Europe. 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.
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