Scott Scherr - Ultimate Software Chairman

Chairman

Mr. Scott S. Scherr serves as Chairman of the Board, President, Chief Executive Officer of the The Ultimate Software Group, Inc. He has served as President and a director of Ultimate since its inception in April 1996 and was Chairman of the Board and Chief Executive Officer of Ultimate since September 1996. Mr. Scherr is also a member of the Executive Committee of the Board of Directors . In 1990, Mr. Scherr founded The Ultimate Software Group, Ltd., the business and operations of which were assumed by Ultimate in 1998. Mr. Scherr served as President of the Partnerships general partner from the inception of the Partnership until its dissolution in March 1998. From 1979 until 1990, he held various positions at ADP, a payroll services company, where his titles included Vice President of Operations and Sales Executive. Prior to joining ADP, Mr. Scherr operated Management Statistics, Inc., a data processing service bureau founded by his father, Reuben Scherr, in 1959. He is the brother of Marc Scherr, the Vice Chairman of the Board of Ultimate and the fatherinlaw of Adam Rogers, Senior Vice President, Chief Technology Officer. since 1996.
Age 65
Tenure 28 years
Phone954 331-7000
Webwww.ultimatesoftware.com

Ultimate Software Management Efficiency

Ultimate Software's management efficiency ratios could be used to measure how well Ultimate Software manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 95.44 M in liabilities with Debt to Equity (D/E) ratio of 11.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ultimate Software has a current ratio of 1.0, suggesting that it may not have the ability to pay its financial obligations when due. Debt can assist Ultimate Software until it has trouble settling it off, either with new capital or with free cash flow. So, Ultimate Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ultimate Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ultimate to invest in growth at high rates of return. When we think about Ultimate Software's use of debt, we should always consider it together with cash and equity.

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The Ultimate Software Group, Inc. provides cloud-based human capital management solutions to enterprise companies, mid-market companies, and companies in the strategic market in the United States, Canada, Europe, the Asia Pacific, and internationally. The company was founded in 1990 and is headquartered in Weston, Florida. Ultimate Software operates under Software - Infrastructure classification in USA and is traded on NASDAQ. It employs 5113 people. The Ultimate Software (ULTI) is traded on NASDAQ Exchange in USA and employs 5,113 people.

Management Performance

Ultimate Software Leadership Team

Elected by the shareholders, the Ultimate Software's board of directors comprises two types of representatives: Ultimate Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ultimate. The board's role is to monitor Ultimate Software's management team and ensure that shareholders' interests are well served. Ultimate Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ultimate Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
LeRoy Putten, Independent Director
Julie Dodd, Senior Vice President Chief Services Officer
William Hicks, Senior Vice President Chief Relationship Officer
John Phenicie, Senior Vice President-Chief Mid-Market Sales Officer
Mitchell Dauerman, CFO, Executive VP and Treasurer
Jason Dorsey, Director
Jonathan Mariner, Director
Greg Swick, Senior Vice President Chief Enterprise Sales Officer
Felicia Alvaro, CFO, Executive Vice President Treasurer
Marc Scherr, Vice Chairman, COO and Member of Executive Committee
Gregory Swick, Chief Enterprise Sales Officer and Sr. VP
Scott Scherr, Founder, Chairman, CEO and President and Chairman of Executive Committee
Robert Yanover, Independent Director
Chris Phenicie, Senior Vice President Chief Mid-Market Sales Officer
Rick Wilber, Independent Director
James FitzPatrick, Independent Director
Vivian Maza, Senior Vice President , Chief People Officer, Secretary
Jody Kaminsky, Senior Vice President of Marketing
Adam Rogers, CTO and Sr. VP
Alois Leiter, Independent Director
Robert Manne, Sr. VP and General Counsel

Ultimate Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ultimate Software a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Other Consideration for investing in Ultimate Stock

If you are still planning to invest in Ultimate Software check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ultimate Software's history and understand the potential risks before investing.
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