Headquartered in weston, florida, the company was founded in 1990 by current president and ceo, scott scherr, and released its first version of software in 1993. Ultimate software, peopledoc hint at the shape of things to. Scott is a ceo that takes the time to come to all locations of his company and spend time with his newest employees. Ultimate s stock ceased trading on the nasdaq friday. Scott scherr ceo ultimate software ultimate software ceo approval rating. Linkedin is the worlds largest business network, helping professionals like scott scherr discover inside connections to recommended job. Ulti, a leading provider of human capital management hcm solutions in the cloud, announced today that ultimate software has been named to glassdoors highest. Ultimate software, a leading provider of human capital management hcm. Jeff weiner of linkedin lnkd, marc benioff of salesforce crm.
Ultimate software ultimate software ceo scott scherr. Founded in 1990 by scott scherr, ultimate is headquartered in weston, fl. Chairman, president and ceo of the ultimate software group inc scott scherr sold 110,522 shares of ulti on 02122018 at an average price of. Taking care of our people is the cornerstone of all that we do at ultimate, and our people have rewarded us by creating a firstrate suite of softwareasaservice saas solutions for human capital management and by providing our customers with worldclass service, said. Upon completion of the transaction, ultimate will continue to operate under the leadership of ceo scott scherr and the existing senior management team.
Advertisement the human resources software company. Scott scherr, founder and ceo of westonbased ultimate software. Ultimate will continue operation under its founder and ceo, scott scherr. Scott scherr is former chairmanpresidentcoceofounder at ultimate software group inc.
Ultimate software, peopledoc hint at the shape of things. Luckily, scott scherr, ceo of ultimate software, was willing to share with me recently a bit of history about ultimate software and the secret to their success. Us stocks fluctuate as new data shows millions more jobs lost. Scott scherr hr technology vendor news by hrchitect. Ultimate is a leading global provider of cloudbased human capital management and employee experience solutions, with more than 51 million people records in the cloud. You probably havent heard of him, but according to glassdoor, scherr has a 99%. Ultimate software ultimate software ceo scott scherr ranked. Its proven to be a winning strategy judging by the longterm profitability of the company, their enviable 94% employee retention rate and the recurrent recognition as one of the best companies to work for. You probably havent heard of him, but according to glassdoor, scherr has a 99% employee approval rating, besting facebooks mark. Ultimate software ulti, a leading global provider of human capital management hcm solutions in the cloud, today announced that it has entered. The ultimate software group inc ulti chairman, president. Ultimate software completes agreement to be acquired by an. Our sales teams exceeded objectives in our plan for the second quarter while the average.
In the meantime, the new york city native, who helps guide ultimates weston, fla. This tech ceo is more loved than mark zuckerberg business. Ultimate software provides innovative hcm solutions designed to improve the employee experience by putting people first. In a business that provides hr solutions, ultimate software sets the example by taking care of its own associates first. Linkedin is the worlds largest business network, helping professionals like scott scherr discover inside. Ultimate software ultimate software announces agreement to. This information is according to proxy statements filed. Ultimate softwares secondquarter results were mixed in most investors eyes. Youtube socialist carlos maza slams the wealthy but lived in. While serving as ceo of ultimate software, scherr was one of the most handsomely compensated ceos in the country. Scott scherr san francisco bay area professional profile linkedin.
Decouvrez qui vous connaissez chez ultimate software, utilisez votre reseau professionnel et faitesvous embaucher. As a result of the completion of the acquisition, ultimates common stock ceased trading on. Adam rogers promoted to coceo of ultimate software, julie dodd. The ultimate software groups ulti ceo scott scherr on q3. Ulti q3 2014 earnings conference october 28, 2014 17.
Founder scott scherr will continue to lead the company. Marc scherr, a sports enthusiast, would love to someday own and manage the new york knicks. Ultimate software ceases trading on nasdaq south florida. Viv maza is what makes us truly unique these people are so genuine and truly care about everyone that is part of our ultimate family. He honors all staff with a handson approach, but it can be seen as well in his actions with customers, as seen through 25 years of facilitating connections in las vegas an event surrounding clients. Ultimate software goes out with a big boom the motley fool. Linkedin is the worlds largest business network, helping professionals like scott scherr discover inside connections to recommended job candidates, industry experts, and business partners. Director of executive relationships, ultimate software. Hr, payroll, time and scheduling, engagement surveys.
More importantly, given all of their achievements, it would be great to understand the reason for their success. Scott scherr just became the most loved tech ceo in the nation. Mar 07, 2020 while serving as ceo of ultimate software, scherr was one of the most handsomely compensated ceos in the country. Ultimate merged with kronos incorporated on april 1, 2020, to create one of the worlds most innovative hcm and workforce management companies in the world. Our softwareasaservice delivery model intersourcing, which includes our workplace offering, continued to be the solutionofchoice for our new customers, accounting for 97% of new arr in the quarter, said scott scherr, ceo, president, and founder of ultimate.
Stock analysis for ultimate software group incthe ulti including stock price, stock chart, company news, key statistics, fundamentals and company profile. Founded in 1990, ultimate is headquartered in weston, florida, and employs more than 6,000 professionals. Uultimate softwares ultipro cloud solutions for hr, payroll, and talent are inherently designed to improve the employee experience. Feb 21, 2020 rogers, who was promoted to ceo on jan. Feb 04, 2019 ultimate software ulti, a leading global provider of human capital management hcm solutions in the cloud, today announced that it has entered into a definitive merger agreement to be acquired by. Ultimate software founder, president, and ceo scott scherr laid out what drove the doubledigit growth. Ultimate software today announced the successful completion of the acquisition of. Ultimates stock ceased trading on the nasdaq friday. View scott hordeskys profile on linkedin, the worlds largest professional community. Why shares of ultimate software group dropped today the.
The ultimate software groups ulti ceo scott scherr on. So it goes without saying, ultimate software is a company worth paying attention to. Ultimate software currently employs 5,144, up from 4,408 reported in november 2017. He served as president of the ultimate softwares general partner until march 1998. View scott scherrs professional profile on linkedin. Generous 401k matches helped scott scherr build the ultimate. All new employees are offered equity in ultimate software by way of restricted stock units that vest over time. When in 1990 scott scherr founded ultimate software with three other people two of them women who still work at ultimate, they decided one of their key priorities would be to take care of their employees. Apr 24, 2012 many thanks to scott for taking time to share with me the ultimate software story. Mar 11, 2019 a tech company that truly puts people first is not a glitch.
The company provides businesses with cloudbased functionality to manage the employment life cycle. Scherr has been the chairman and chief executive officer of ultimate software group inc. Our customer base has grown to more than 5,600 organizations, scherr said, and the number of people records in our ultimate. Its proven to be a winning strategy judging by the longterm profitability of the company, their enviable 94% employee retention rate and the recurrent recognition as one of the best. Powered by xander, ultimates portfolio of people first artificial intelligence technologies, ultipro helps organizations develop highly productive and satisfied workforces. Ultimate software designs and delivers cloudbased hr, payroll, and talent management solutions. See scott scherrs compensation, career history, education. In the meantime, the new york city native, who helps guide ultimate s weston, fla. Hr service delivery, and more our unified cloud solutions do it all. Ultimate software s secondquarter results were mixed in most investors eyes. Youtube socialist carlos maza slams the wealthy but lived.
From generous 401k matches to fully covered healthcare and unlimited paid time off, ultimate software ceo scott scherr has created one of wall streets best performing stocks by putting workers first. From generous 401k matches to fully covered healthcare and unlimited paid time off, ultimate software ceo scott scherr has created one of wall. Ultimate software falls on capacity concerns the motley fool. The acquisition was previously announced on february 4, 2019, and. Prior to his current role, he was named coceo in june 2019 following. Ultimate said the combination would improve the employee experience by offering new, personcentric features, such as an online employee help center, hr case management, and employee file management. Ultimate software has 2 board members and advisors, including scott scherr. Ultimate software is an american technology company that develops and sells ultipro, a cloudbased human capital management hcm software system for businesses. Ultimate software ceo adam rogers to step down following. Wall street blasts al leiter over struggling software company. Generous 401k matches helped scott scherr build the. Dec 12, 2017 from generous 401k matches to fully covered healthcare and unlimited paid time off, ultimate software ceo scott scherr has created one of wall streets best performing stocks by putting workers first.
Jmi equity joins take private buyout of ultimate software. The 10 tech ceos most loved by their employees business. Jun 08, 2016 scott scherr just became the most loved tech ceo in the nation. View the profiles of professionals named scott scherr on linkedin. Ultimate software ultimate software announces agreement. Its the result of the deliberate work of its founder and ceo scott scherr. May 03, 2019 founder scott scherr will continue to lead the company. Ultimate software announces agreement to be acquired by an. Leiter, who is now a commentator for the yes network, has spent the past decade on the board of ultimate software group, a wildly successful cloudcomputing company whose stock lately has stalled. They have created an environment that people want to be a part of, want to make a difference because we can.
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