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People: Ultimate Software Group Inc (ULTI.O)

ULTI.O on Nasdaq

22 Jul 2016
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$5.65 (+2.63%)
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Scherr, Scott 

Mr. Scott S. Scherr serves as Chairman of the Board, President, Chief Executive Officer of The Ultimate Software Group, Inc. Scott Scherr has served as President and a director of Ultimate since its inception in April 1996 and has been 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 (the “Board”). In 1990, Mr. Scherr founded The Ultimate Software Group, Ltd. (the “Partnership”), the business and operations of which were assumed by Ultimate in 1998. Mr. Scherr served as President of the Partnership’s 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.

Basic Compensation

Total Annual Compensation, USD 886,987
Restricted Stock Awards, USD 37,449,700
Long-Term Incentive Plans, USD --
All Other, USD 6,300
Fiscal Year Total, USD 38,343,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Scott Scherr


Marc Scherr


Mitchell Dauerman


Adam Rogers


Robert Manne


Jody Kaminsky

As Of  30 Dec 2015