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In 2020, Kronos completed a merger with Ultimate Software to create UKG, [15] and Ain became the chairman and chief executive officer of the combined company. UKG has more than 12,000 employees worldwide, and an enterprise value of $22 billion. On June 1, 2022, UKG announced Ain would transition to UKG Executive Chair, effective July 1, 2022.

Ultimate Software was an American multinational technology company that developed and sold UltiPro, a cloud-based human capital management (HCM) software system for businesses. Headquartered in Weston, Florida, the company was founded in 1990 by Scott Scherr, and released its first version of software in 1993.

Kronos Incorporated corporate headquarters in Lowell, MA Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. [4] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. [5]

File:UKG (Ultimate Kronos Group) logo.svg File File history File usage Global file usage Metadata Size of this PNG preview of this SVG file: 512 × 171 pixels. Other resolutions: 320 × 107 pixels | 640 × 214 pixels | 1,024 × 342 pixels | 1,280 × 428 pixels | 2,560 × 855 pixels. Original file ‎ (SVG file, nominally 512 × 171 pixels, file size: 2 KB)