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The merger was officially completed on April 1, 2020, and in August, the company's name was announced as Ultimate Kronos Group (UKG), which became effective on October 1. In May 2021, the company appointed tech industry veteran Brian Reaves as the company's Chief Belonging, Diversity, and Equity Officer.
In February 2020, Ultimate Software announced its plan to merge with Kronos Incorporated to form a cloud-computing venture specializing in human resource software. The merger was completed on April 1, 2020. The company is named Ultimate Kronos Group. History. Ultimate Software was founded in 1990 by Scott Scherr.
In February 2020, the company announced a merger with Ultimate Software and that the combined company would be led by Aron Ain and be called Ultimate Kronos Group. The merger was officially completed on April 1, 2020.
Margins matter. The more Ultimate Software Group (NAS: ULTI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
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Aron Ain is an American software technology executive [1] [2] and author. He became the CEO of UKG (Ultimate Kronos Group) in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022. UKG was created from the merger of Ultimate Software and Kronos Incorporated, and provides global HCM [clarification needed] and ...