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Progress Software Corporation (PRGS)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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48.89-0.27 (-0.55%)
At close: 04:00PM EST
48.89 0.00 (0.00%)
After hours: 06:03PM EST

Progress Software Corporation

14 Oak Park Drive
Bedford, MA 01730
United States
781 280 4000

Full Time Employees1,796

Key Executives

NameTitlePayExercisedYear Born
Mr. Yogesh K. GuptaCEO, Pres & Director1.13MN/A1961
Mr. Anthony FolgerChief Financial Officer592.43kN/A1972
Mr. John AinsworthSr. VP of Core Products559.92kN/A1965
Ms. Loren Weinberg JarrettSr. VP & GM of Developer Tools Bus.560.87kN/A1975
Mr. Gary QuinnSr. VP of Core Field Organization672.6kN/A1961
Mr. Ian PittChief Information OfficerN/AN/AN/A
Mr. Brian FlanaganDirectory of Treasury & Investor RelationsN/AN/AN/A
Mr. Stephen H. FabermanChief Legal Officer & Sec.N/AN/A1970
Ms. Jennifer OrtizVP of Corp. MarketingN/AN/A1977
Mr. Jeremy SegalSr. VP of Corp. Devel.N/AN/A1971
Amounts are as of December 31, 2020 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. The company operates through 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; MOVEit that provides secure collaboration and automated file transfers of critical business information; and WhatsUp Gold, a network monitoring solution. The Data Connectivity and Integration segment provides Progress DataDirect Connect, 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 customer resource management, data management platforms, or hosted analytics. The Application Development and Deployment segment offers Developer Tools, a set of components for user interface development; and Sitefinity, a web content management and customer analytics platform. 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, independent software vendors, original equipment manufacturers, and system integrators. The company has operations in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Progress Software Corporation was founded in 1981 and is headquartered in Bedford, Massachusetts.

Corporate Governance

Progress Software Corporation’s ISS Governance QualityScore as of September 26, 2021 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 4.

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.