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Progress Software Corporation (PRGS)

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Progress Software Corporation

14 Oak Park Drive
Bedford, MA 01730
United States
781-280-4000
http://www.progress.com

SectorTechnology
IndustryApplication Software
Full Time Employees2,000

Key Executives

NameTitlePayExercisedAge
Mr. Yogesh GuptaCEO, Pres & Director79.38kN/A56
Mr. Stephen H. Faberman Esq.Chief Legal Officer & Sec.530.85k122.77k47
Mr. Faris SweisSr. VP & GM of Developer Tooling Bus.494.85kN/A41
Mr. Paul A. JalbertChief Financial OfficerN/AN/A60
Mr. Dmitri TcherevikChief Technology OfficerN/AN/AN/A
Amounts are as of December 31, 2016 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.

Description

Progress Software Corporation provides software solutions for various industries worldwide. Its 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; and Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities. The company’s 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 Cloud, a software-as-a-service (SaaS) based connection management service that simplifies SQL access to a spectrum of cloud-based data sources through a single standards-based interface. Its Application Development and Deployment segment offers Dev Tools, a design, quality assurance, debugging, and reporting suite; NativeScript, an open-source application development platform; Dev Cloud, a cloud-based application design, deployment, hosting, and testing suite; Telerik Platform, an end-to-end application lifecycle solution; Test Studio, an application lifecycle management suite for testing Web, mobile, and desktop applications; Sitefinity, a Web content management and customer analytics platform; and Progress Rollbase, a software that allows the creation of SaaS business 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 directly to end-users, as well as indirectly to application partners, original equipment manufacturers, and system integrators. 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 1, 2017 is 3. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 5; 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.