According to recent updates, he has now left his position of CEO and it has been handed over to Adams Rogers. In 2016, Scherr was named the #2 CEO in the U.S. by Glassdoor. The leadership/founders of this company are approachable. His age seems as if he is in his seventies and thus, he has now retired from his position. Scott Scherr’s son-in-law, Adam Rogers, serves as senior vice president and chief technology officer. 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. “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. UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners. 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. Ain, who became Kronos’ CEO in 2005, talked about his background, his philosophies and his legacy. 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. Aron Ain, chief executive officer of Kronos, will be the CEO of the new company, with joint headquarters in Lowell, Massachusetts and Weston, Florida. He was inducted into … Location is great, facilities are exceptional and very clean and updated. Scott Scherr, Ultimate Software. 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. Employee engagement surveys with artificial intelligence (AI). As of the fourth quarter in 2017, Ultimate Software reported total revenues of over $940.7 million. 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. 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. Get Verified Email Id, Phone Number for United States Companies and Executives Database. Multimedia Center Touching. CEO approval rating: 99% "Scott (the CEO) is the sweetest man … One comprehensive cloud solution that delivers business benefits for your organization. Ultimate Software specializes in HR software solutions and HR payroll to help you improve your company's human capital management and benefits administration. “I went to my CEO and I said, ‘Here’s what happened to my family,’ ” … Awards 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. Major HCM vendors Kronos and Ultimate Software enter merger agreement. The Company provides businesses with cloud-based functionality to manage the employment life cycle. Since we do not know much about his price information, we do not know about his wife too. I’m ready for the next chapter of my story, including spending more time with my family,” said Scherr. 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. The new company shares joint headquarters in Lowell, Mass. What’s remarkable is that Ultimate CEO Scott Scherr decided to get involved as well. Press Releases 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. 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. “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. Leadership 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. Earn 60+ HR credits with Ultimate's HCM Online Academy. Ain’s initial message to the assembled 4,500 combined Ultimate customers and employees preached the move ahead-faith-trust mantra. (Reporting by Ayanti Bera in Bengaluru; Editing by Shailesh Kuber) 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. Rogers joined Ultimate in 1997 and has served as Chief Technology Officer since February 2007. “How I want to be remembered is as a great father, husband and friend, not a CEO,” Ain told the crowd. Rogers’ promotion is the final step in a multi-year executive transition plan to prepare for Scherr’s retirement. Only some of the official websites have written his bio. #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. Ultimate & Kronos Rebrand The company was founded by Scott in 1990 from then on he has been working as a CEO and president of the company. Be a people person, not a people pleaser! Ultimate Software is ultimately about the stuff of families. Ultimate Software Group Inc., Scherr’s pay tripled to $38.3 million last year, a . Scott is the founder of the company named Ultimate Software which is one of the biggest technology companies in Florida. The Ultimate Software Group, Inc. designs, develops, and markets software solutions. 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. News Resources Combined, the cloud companies will have revenues of approximately $3 billion and an enterprise value of $22 billion. His ex-company Ultimate software gives employment to 1650 people. 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. This company was also listed on #2 on the 100 Best Companies to Work For in 2020. 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. Sep 18. Headquartered in Weston, Florida, the company was founded in 1990 by Scott Scherr, and released its first version of software in 1993. 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. Workspace feels cozy and we feel like family. Ultimate Software CEO Adam Rogers will “move on to the next chapter of his career” once the Weston-based company completes its merger … He must be rich but he has not revealed his net worth until today. HR, payroll, time and scheduling, engagement surveys. 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’ promotion is the final step in a multi-year executive transition plan to prepare for Scherr’s retirement. Media Contact 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. Each year, the online jobs and careers marketplace lists the top leaders from companies across North America and Europe. Scott Scherr is known as one of the most kins CEO. Scott Scherr is known as one of the most kins CEO. Automate and manage all employee-related documents. 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. 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. Scott Scherr is CEO of Ultimate Software and is the most loved tech CEO, according to rankings on Glassdoor. 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. As chief executive officer of . 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. As of 2017, the company employs more than 5,000 people and services 4,100 customer… Ultimate Software's Chief Executive Officer and Chairman is Aron Ain. 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 … 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. Scott served as the Chief Executive Officer at Ultimate Software for nearly 30 years. 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