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Aron Ainermansky is an American software technology executive[1][2] and author. He became the CEO of UKG (Ultimate Kronos Group) in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022. UKG was created from the merger of Ultimate Software and Kronos Incorporated, and provides global HCM[clarification needed] and workforce management solutions.[clarification needed] Previously, Ain had been the chief executive officer[3] of Kronos Incorporated since 2005.


Career


Ain joined Kronos in 1979 and has played a role in nearly every functional department at the organization. In October 2005, he was named chief executive officer and a member of the Kronos Board of Directors.[2]

In 2007, Ain led the effort to take the company private,[4][5] after going public in 1992.[6]

Under his leadership, the company completed a major, multi-year business transformation, changing from a licensed-software model to a cloud, software-as-a-service (SaaS) model.[7][8]

In 2016, Ain introduced new benefits[9] to employees such as open vacation time[10] and student loan repayment.[11] A new manager performance rating was also created, called the Manager Effectiveness Index (MEI), which captures employee judgments about managers' performance.[12]

In 2017, Kronos relocated its headquarters[13][14] to the Crosspoint Towers in Lowell, Massachusetts.

In 2020, Kronos completed a merger with Ultimate Software to create UKG,[15] and Ain became the chairman and chief executive officer of the combined company. UKG has more than 12,000 employees worldwide, and an enterprise value of $22 billion.

On June 1, 2022, UKG announced Ain would transition to UKG Executive Chair, effective July 1, 2022. Chris Todd, current President at UKG, will replace Ain as CEO.


Affiliations


Ain serves on the board of trustees of his alma mater, Hamilton College.[16] He is on the board of trustees of Boston's Beth Israel Deaconess Medical Center.[17] He is on the board of directors of Combined Jewish Philanthropies of Greater Boston (CJP).[18]


Honors


On multiple occasions, Glassdoor has named Ain to its list of Top 100 CEOs in the U.S.[19] In 2019, he ranked 30th out of the 100 highest-rated CEOs throughout North America and parts of Europe across all industries.[20][third-party source needed]

In addition, he has been awarded the Ernst & Young's Entrepreneur of the Year award,[21] the Massachusetts High Technology Council's Ray Stata Leadership and Innovation Award,[22] and the Massachusetts Technology Leadership Council's CEO of the Year Award.[23][24][25][26]


References


  1. Bryant, Adam (2016-09-09). "Aron Ain of Kronos: The Incalculable Value of a Good Boss". The New York Times. ISSN 0362-4331. Retrieved 2019-02-06.
  2. "Aron J Ain, Kronos Inc: Profile and Biography - Bloomberg Markets". Bloomberg.com. Retrieved 2018-11-30.{{cite web}}: CS1 maint: url-status (link)
  3. "Aron Ain of Kronos Named CEO of the Year". JMI Equity. 2016-09-19. Retrieved 2019-02-06.
  4. Lipton, Joshua. "Kronos Goes Private". Forbes. Retrieved 2018-08-02.
  5. "Today In Business | Buyout Deal For Kronos". Retrieved 2018-08-02.
  6. "Want to build a billion dollar business? Go overseas". Retrieved 2018-08-02.
  7. "New Kronos headquarters design mirrors reinvention play". SearchHRSoftware. Retrieved 2018-08-02.
  8. "Kronos Transitions to SaaS". www.bcg.com. Retrieved 2018-08-02.
  9. "Kronos Incorporated". reviews.greatplacetowork.com. Retrieved 2018-08-02.
  10. "The CEO of Kronos on Launching an Unlimited Vacation Policy". Harvard Business Review. 2017-11-01. Retrieved 2018-08-02.
  11. "Paying Down Employees' Student Loans Is the Hot New Perk". Fortune. Retrieved 2018-08-02.
  12. Fuhrmans, Vanessa (2018-01-03). "This Company Lets Employees Rate Their Bosses Twice a Year". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-08-02.
  13. "One of the state's biggest and best tech employers is moving to Lowell". Boston.com. 2016-02-29. Retrieved 2018-08-02.
  14. "At Lowell's Cross Point, a Towering Coronation for Kronos' New Headquarters". Retrieved 2018-08-02.
  15. "Next steps in the Kronos, Ultimate Software merger | HRExecutive.com". hrexecutive.com. 2020-08-28. Retrieved 2020-09-15.
  16. "Hamilton College". Hamilton College. Retrieved 2018-08-02.
  17. "Beth Israel Deaconess board appoints Newton residents". Newton TAB. Retrieved 2018-08-02.
  18. "Our Leadership". Combined Jewish Philanthropies of Greater Boston (CJP). Retrieved 2020-09-08.
  19. "Top CEOs". Glassdoor. Retrieved 2018-08-02.
  20. "Glassdoor's Top CEOs 2019". www.glassdoor.com. 2019-06-19. Archived from the original on 2018-06-15. Retrieved 2019-12-13.
  21. Reidy, Chris (July 3, 2012). "Kronos CEO Aron Ain wins an Ernst & Young Entrepreneur of the Year Award in tech category". Boston Globe.
  22. "Kronos CEO Aron Ain Honored with Inaugural Ray Stata Leadership and Innovation Award by Massachusetts High Technology Council". MarketWatch. Retrieved 2018-08-02.
  23. "MassTLC Leadership Award Winners 2016 | MassTLC". MassTLC. 2016-09-15. Retrieved 2018-08-02.
  24. "The 1 Thing You Need to Realize Before You Can Be a Great Leader". Inc.com. 2019-01-17. Retrieved 2019-02-06.
  25. "It's Tough to Earn Employees' Trust-That's Why You Should Try This Unconventional Approach". Inc.com. 2018-12-05. Retrieved 2019-02-06.
  26. Duncan, Rodger Dean. "Want Your People To Work Inspired? Be An Un-Leader". Forbes. Retrieved 2019-02-06.



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