Jalbert, who joined progress in august 2012 and has served as cfo since march 2017, will retire as cfo on january 31, 2020 folger was previously chief financial officer and treasurer of. With me today are yogesh gupta, president and chief executive officer. As cfo, jalbert will be a member of the companys executive leadership team, reporting to yogesh gupta, president and chief executive officer, and will oversee the companys global finance and accounting operations. Progress software, a midcap provider of software development tools to enterprise customers, beat analyst expectations for q4 with a profit gain on a small decline in revenue, and shares soared 15. Former carbonite cfo anthony folger to be appointed as new cfo. The top 10 competitors in progress competitive set are sophos, talend, one six solutions, allcloud, apps associates, arvato systems, appdynamics, new relic, bmc and atlassian. Paul has made over 10 trades of the progress software stock since 2016, according to the form 4 filled with the sec. In fact, they had attempted to do something with one of our competitors offerings prior. Vice president, treasury and investor relations at progress software. Progress openedge is development software for building dynamic.
Progress software cfo paul jalbert to retire 12120 bedford, mass. As cfo, jalbert will be a member of the companys executive leadership team, reporting to yogesh gupta, president and chief executive officer, and will oversee the companys global finance and accounting. Progress software corporation company profile bedford. So before i hand the call over to him, id like to say a few words about paul s contribution to progress during his. One of progress software s competitors within the application software space, nq mobile inc.
Progress softwares prgs ceo yogesh gupta on q1 2018. Prgs progress software corporation current report filing 8k united states securities and exchange commission washington, d. Good day, and welcome to the progress software corporation. Progresss competitors, revenue, number of employees. Post earnings coverage as progress quarterly adjusted eps. Insiders are officers, directors, or significant investors in a company. Progress software executive officers and mambers of the board csimarket. Progress software prgs q1 2018 earnings conference call. Progress software corporation prgs ceo yogesh gupta on. Prgs, the leading provider of application development and digital experience technologies, today announced the upcoming retirement of its chief financial officer, paul jalbert, and the appointment of anthony folger to. Prgs announced today that paul jalbert, chief accounting officer, has been named chief financial officer, effective immediately. View paul jalberts profile on linkedin, the worlds largest professional community. Folger will join progress as cfo on january 31, 2020 and jalbert will remain with progress until april 2020 to assist folger in the transition.
Check the appropriate box below if the form 8k filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. Former carbonite cfo anthony folger to be appointed as new cfo press release globenewswire jan. Progress software can help you make significant headway when managing and deploying business applications. Paul jalbert, cfo at progress software prgs, has a 66.
Good afternoon, everyone and thanks for joining us for progress softwares fiscal first quarter 2018 earnings call. View paul jalbert s professional profile on relationship science, the database of decision makers. Brief progress software says anthony folger to be appointed as new cfo. He will succeed kurt abkemeier, who left the company effective march 24.
Paul jalbert progress software insider transactions. Dci details several competitors to land a twoyear deal in the highsix figures. With me today is yogesh gupta, president and chief executive officer. With me today is yogesh gupta, president and chief executive officer, and paul jalbert, our chief financial officer. In general, it is generally illegal for insiders to make trades in their companies based on specific, nonpublic information. Progress has 1,538 employees and is ranked 5th among its top 10 competitors. Former carbonite cfo anthony folger to be appointed as new cfo bedford, mass. Progress announces appointment of paul jalbert as chief financial. Jalbert replaces kurt abkemeier, who left the company effective as of march 24, 2017. Paul joined progress in august 2012 as itsvice president and chief accounting officer. Former carbonite cfo anthony folger to be appointed as new cfo email print friendly share january 16, 2020 16.
Progress announces appointment of paul jalbert as chief. Progress software chief financial officer paul jalbert to retire. What happened in the stock market today yahoo7 finance. Progress is a trademark or registered trademarks of progress software corporation or one of its subsidiaries or affiliates in the u. As a chief accounting officer for a large telecom, paul jalbert has had a career that has led him to routinely relocate as the large company sought to more tightly integrate different regional operations.
London, uk accesswire april 11, 2017 active wall st. Jalbert, who joined progress in august 2012 and has served as cfo since march 2017, will retire as cfo on january 31, 2020. On march 29, 2017, progress software corporation the company announced that paul jalbert, chief accounting officer, had been named the companys new chief financial officer. Progress software prgs directors and executive officers.
Progress software chief financial officer paul jalbert to. William ackman jean paul agon jeff bezos michael bloomberg richard branson thierry breton warren buffett jeanpierre clamadieu tim cook jeancharles decaux clotilde delbos herbert diess jamie dimon jack dorsey sergio ermotti bill gates james gorman jacques gounon stelios hajiioannou ralph hamers david henry carl icahn robert iger isabelle. Progress software prgs q4 2019 earnings call transcript the. Nq, reported its results for q4 fy16 and fy16 after the us markets closed on thursday, april 06. Paul jalbert owns over 12,209 units of progress software stockprogress software stock. The companys platformasaservice paas software is used for tasks such as business process management, application integration, data management and analysis, and application development and deployment. Paul jalbert chief financial officer as chief financial officer of progress, paul is the steward of the companys finances, with primary responsibility for the companys finance and accounting, financial planning, treasury, tax and investor relations functions. The company announced its first quarter fiscal 2017 financial results on march 29, 2017. Kinvey company profile office locations, competitors. Jalbert, who joined progress in august 2012 and has served as cfo since march 2017, will retire as.
Post earnings coverage as progress quarterly adjusted eps jumped 26%. Prgs, the leading provider of application development and digital experience technologies, today announced the upcoming retirement of its chief financial officer, paul jalbert, and the appointment of anthony folger to succeed. Progress software prgs q4 2019 earnings call transcript. Prgs files an 8k departure of directors or certain officers. What happened in the stock market today the motley fool. Good afternoon, everyone, and thanks for joining us for progress software s fiscal fourthquarter 2019 earnings aall. Prgs, the leading provider of application development and digital experience technologies, today announced the upcoming retirement of its chief financial officer, paul jalbert, and the appointment of anthony folger to succeed him.
665 910 1251 262 307 1094 425 1075 978 1440 14 1306 1026 1113 251 1515 1324 231 1374 693 782 483 630 956 493 101 669 131 1024 442 707 1031 1414 863 751