Who is the CEO of Ultimate Software?

Scott Scherr (Sep 1996–)Ultimate Software Group, Inc. / CEO

What is LinkedIn software?

LinkedIn is a social networking site designed specifically for the business community. The goal of the site is to allow registered members to establish and document networks of people they know and trust professionally.

Is Ultimate Software a good company to work for?

Ultimate Software is ranked #71 on the Best Technology Companies to Work For in America list. Zippia’s Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Did Kronos buy Ultimate Software?

April 1, 2020, Ultimate Software and Kronos merged to create one of the larger players in the HCM market. Six months later, the company rebranded the merged entity to UKG (Ultimate Kronos Group).

Who is Scott Scherr?

Scherr founded Ultimate Software in 1990, leading it to grow from four employees to more than 5,000 employees and more than $1 billion in revenue. He established a “People First” philosophy, meaning its employees come first, and the company saw the results in top company awards.

What is Ultimate Software known for?

Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses.

What kind of company is Ultimate Software?

Private
Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses….Ultimate Software.

Where is Ultimate Software headquarters?

Weston, FLUltimate Software Group, Inc. / Headquarters

What is the new name for Kronos?

Ultimate Kronos Group
The newly merged Kronos and Ultimate Software will be called UKG or Ultimate Kronos Group. Its big competitor, Workday, had an announcement of its own this week, a co-CEO. The newly merged Ultimate Software and Kronos Inc. have settled on a new name: UKG, short for Ultimate Kronos Group.

Who owns UKG Software?

Hellman & Friedman
Ownership. Private equity firm Hellman & Friedman, who was the controlling shareholder of both Ultimate and Kronos, is the controlling shareholder of UKG. The Blackstone Group, which also owned stakes in both previous companies, is the largest minority investor with a 20–25 percent stake.

Who founded Ultimate Software?

Scott ScherrUltimate Software Group, Inc. / Founder
Scott Scherr, founder and co-CEO of Ultimate Software, will retire Dec. 31 after nearly three decades of leading the Weston technology company. Co-CEO Adam Rodgers will assume the role of sole CEO of the cloud-based human resources management platform effective Jan. 1, 2020.

Is UltiPro publicly traded?

Ultimate Software was founded in 1990 by Scott Scherr. In 1993, the tech company released UltiPro HRMS/ payroll sold as on-premises software servicing core HR and payroll. The company went public (NASDAQ: ULTI) in June 1998.

What is Ultimate Software new name?

In February 2020, Ultimate Software announced its plan to merge with Kronos Incorporated to form a new cloud computing venture specializing in human resource software. The merger was officially completed on April 1, 2020. The new company, which is called Ultimate Kronos Group, is headed by Kronos CEO Aron Ain.

Is workday and Kronos the same company?

The newly merged Kronos and Ultimate Software will be called UKG or Ultimate Kronos Group. Its big competitor, Workday, had an announcement of its own this week, a co-CEO. The newly merged Ultimate Software and Kronos Inc. have settled on a new name: UKG, short for Ultimate Kronos Group.