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Progress Software Corporation (PGR.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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44.80-0.80 (-1.75%)
At close: 08:05AM CEST

Progress Software Corporation

15 Wayside Road
Suite 400
Burlington, MA 01803
United States
781 280 4000
https://www.progress.com

Sector(s)Technology
IndustrySoftware - Infrastructure
Full-time employees2,284

Key executives

NameTitlePayExercisedYear born
Mr. Yogesh K. GuptaCEO, President & Director1.35M4.37M1961
Mr. Anthony FolgerExecutive VP & CFO810.34k255.95k1972
Mr. John AinsworthExecutive VP & GM of Application & Data Platform708.23k691.79k1965
Ms. Loren Weinberg JarrettExecutive VP & GM of Digital Experience700.15k669.91k1975
Mr. Sundar SubramanianExecutive VP & GM of Infrastructure Management719.35kN/A1980
Mr. Domenic LococoChief Accounting OfficerN/AN/AN/A
Mr. Ian PittExecutive VP & Chief Information OfficerN/AN/A1967
Mr. Brian FlanaganDirectory of Treasury & Investor RelationsN/AN/AN/A
Ms. YuFan WangExecutive Vice President, Chief Legal Officer & SecretaryN/AN/A1983
Ms. Jennifer OrtizExecutive Vice President of MarketingN/AN/A1976
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.

Corporate governance

Progress Software Corporation’s ISS governance QualityScore as of 1 June 2024 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.