Press release

Adam Rogers Promoted to Co-CEO of Ultimate Software, Julie Dodd Promoted to Chief Operating Officer

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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

Rogers joined Ultimate in 1997 and has served as Chief Technology
Officer since February 2007. Previously, he served in a variety of
positions at Ultimate, including Senior Vice President of Development,
Vice President of Engineering, Director of Technical Support, and
Director of Web Development.

“Adam has been my trusted partner in leading Ultimate and developing our
product and technology strategies for more than twenty years. I’m
thrilled to welcome him as co-CEO,” said Scott Scherr, founder and
co-CEO, Ultimate. “Adam brings extraordinary leadership experience and
operational expertise to the next phase of our partnership journey
together, and I am extremely happy with his well-deserved promotion.”

“Scott’s visionary focus on people first since Ultimate’s inception has
created our unmatched culture of trust, and it has been the cornerstone
of our success as a company,” said Adam Rogers, co-CEO, Ultimate. “His
clarity on ethical values, inclusive collaboration, and uncompromising
excellence in customer solutions has fueled innovation at Ultimate and
inspired transformation in the HCM industry. I am honored to be our
co-CEO and look forward to serving our colleagues and customers in this

In their roles as co-CEOs, Scherr will lead Ultimate’s growth and
culture strategies through sales, marketing, and human resources; Rogers
will lead the company’s technology vision, product development,
services, and operations, including finance and legal.

Julie Dodd has been promoted to Chief Operating Officer, reporting to
Rogers, and is now responsible for all aspects of operations as well as
services at Ultimate. Dodd joined Ultimate in 2007 and has served as
Ultimate’s Chief Services Officer since 2013, with responsibility for
support and implementation for Ultimate’s customers. Previously, she
held executive positions in Ultimate’s Mid-Market Services, Operations,
and Product Strategy areas.

“Julie’s leadership in operational excellence, authenticity as a
communicator, and dedication to elevating customer experience through
innovative approaches have inspired intense customer loyalty, giving
Ultimate an industry-leading customer retention rate,” added Scherr.
“Beyond that, her business acumen and record of consistent results make
her uniquely qualified to lead strategic prioritization and first-rate
execution in our operations.”

Ultimate is in an unprecedented period of growth, market recognition,
and global expansion. The co-CEO model will strengthen this upward
trajectory as the company drives toward Ultimate’s next milestone
objectives of $2 billion in revenue in 2021 and $3 billion in 2024, as
well as longer-term business goals.

About Ultimate Software

Ultimate Software is a leading global provider of cloud-based human
capital management and employee experience solutions, with more than 48
million people records in the cloud. Our award-winning UltiPro delivers
HR, payroll, talent, and time and labor management, as well as HR
service delivery solutions. Founded in 1990, Ultimate is headquartered
in Weston, Florida, and employs more than 5,100 professionals. In 2019,
Fortune magazine and Great Place to Work ranked Ultimate #1 on their Best
Workplaces in Technology
 list, in the “Large Companies” category,
Ultimate’s fourth consecutive year to top the list. In 2018, Fortune
ranked Ultimate #3 on its prestigious 100 Best Companies to Work
 list, our seventh consecutive year in the top 25; #1 on its 100
Best Workplaces for Women
list; and #1 on its 100 Best
Workplaces for Millennials
 list, our second year at the top.
Customer Sales and Service World Awards also recognized Ultimate’s
Services team as the #1 Customer Service Department of the Year in
2018 for companies with 2,500 employees or larger across diverse
industries. Ultimate has more than 5,600 customers worldwide, including
Bloomin’ Brands, Culligan International, Feeding America, Red Roof Inn,
SUBWAY, Texas Roadhouse, and Yamaha Corporation of America. More
information on Ultimate’s products and services can be found at

UltiPro is a registered trademark of The Ultimate Software Group, Inc.
All other trademarks referenced are the property of their respective

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