PRGS - Progress Software Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Progress Software Corporation

14 Oak Park Drive
Bedford, MA 01730
United States

IndustrySoftware - Application
Full Time Employees1,412

Key Executives

NameTitlePayExercisedYear Born
Mr. Yogesh GuptaCEO, Pres & Director940.47kN/A1961
Mr. Paul A. JalbertChief Financial Officer523.29kN/A1957
Mr. Dmitri TcherevikChief Technology Officer454.73kN/A1970
Mr. John AinsworthSr. VP of Core Products448.34kN/A1965
Mr. Gary QuinnSr. VP of Core Field Organization516.45kN/A1961
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Progress Software Corporation develops business applications worldwide. The company operates in three segments: OpenEdge, Data Connectivity and Integration, and Application Development and Deployment. The OpenEdge segment offers Progress OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities; Progress Kinvey, a platform for building enterprise applications; NativeScript, an open-source application development platform; and DataRPM, a cognitive predictive maintenance solution for industrial IoT. The Data Connectivity and Integration segment provides Progress DataDirect Connect software, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Hybrid Data Pipeline, a data access service that provides cloud and on-premises data sources for hybrid cloud applications, such as CRM, data management platforms, and hosted analytics. The Application Development and Deployment segment offers Dev Tools, a cross-platform, user experience design, quality assurance, debugging, and reporting suite; Sitefinity, a Web content management and customer analytics platform; and Test Studio, an application lifecycle management suite for testing Web, mobile, and desktop applications. The company also provides project management, implementation, custom development, programming, and other services, as well as services to Web-enable applications; and training services. It sells its products to end users, application partners, original equipment manufacturers, and system integrators. Progress Software Corporation has a strategic alliance with NTT DATA Services. The company was founded in 1981 and is headquartered in Bedford, Massachusetts.

Corporate Governance

Progress Software Corporation’s ISS Governance QualityScore as of July 29, 2019 is 3. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 6; Compensation: 2.

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 a 10 indicates higher governance risk.