Aron Ain

Aron Ain
Alma materHamilton College
OccupationsSoftware technology executive, author

Aron Ain 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.[3] Previously, Ain had been the chief executive officer[4] 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,[5][6] after going public in 1992.[7]

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.[8][9]

In 2016, Ain introduced new benefits[10] to employees such as open vacation time[11] and student loan repayment.[12] A new manager performance rating was also created, called the Manager Effectiveness Index (MEI), which captures employee judgments about managers' performance.[13]

In 2017, Kronos relocated its headquarters[14][15] to the Crosspoint Towers in Lowell, Massachusetts.

In 2018, Ain published his book, WorkInspired: How to Build an Organization Where Everyone Loves to Work (McGraw Hill Education) was published. The book chronicles how he and the company’s leadership team used employee engagement as a business strategy to impart leadership lessons to senior leaders, HR professionals, and people managers.[16][17]

In 2020, Kronos completed a merger with Ultimate Software to create UKG,[18] and Ain became the chairman and chief executive officer of the combined company.

Ain retired as CEO of UKG in July 2022 and transitioned to executive chair.[19]

Affiliations

Ain serves on the board of trustees of his alma mater, Hamilton College.[20] He is on the board of trustees of Boston's Beth Israel Deaconess Medical Center.[21] He is on the board of directors of Combined Jewish Philanthropies of Greater Boston (CJP).[22]

Honors

Ain has been awarded the Ernst & Young's Entrepreneur of the Year award,[23] the Massachusetts High Technology Council's Ray Stata Leadership and Innovation Award,[24] and the Massachusetts Technology Leadership Council's CEO of the Year Award.[25][26][27][28]

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. ^ a b "Aron J Ain, Kronos Inc: Profile and Biography - Bloomberg Markets". Bloomberg.com. Retrieved 2018-11-30.
  3. ^ Kidwai, Aman. "Kronos, Ultimate Software rebrand as 'UKG'".
  4. ^ "Aron Ain of Kronos Named CEO of the Year". JMI Equity. 2016-09-19. Retrieved 2019-02-06.
  5. ^ Lipton, Joshua. "Kronos Goes Private". Forbes. Retrieved 2018-08-02.
  6. ^ "Today In Business | Buyout Deal For Kronos". Retrieved 2018-08-02.
  7. ^ "Want to build a billion dollar business? Go overseas". Retrieved 2018-08-02.
  8. ^ "New Kronos headquarters design mirrors reinvention play". SearchHRSoftware. Retrieved 2018-08-02.
  9. ^ "Kronos Transitions to SaaS". www.bcg.com. Retrieved 2018-08-02.
  10. ^ "Kronos Incorporated". reviews.greatplacetowork.com. Retrieved 2018-08-02.
  11. ^ "The CEO of Kronos on Launching an Unlimited Vacation Policy". Harvard Business Review. 2017-11-01. Retrieved 2018-08-02.
  12. ^ "Paying Down Employees' Student Loans Is the Hot New Perk". Fortune. Retrieved 2018-08-02.
  13. ^ 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.
  14. ^ "One of the state's biggest and best tech employers is moving to Lowell". Boston.com. 2016-02-29. Retrieved 2018-08-02.
  15. ^ "At Lowell's Cross Point, a Towering Coronation for Kronos' New Headquarters". Retrieved 2018-08-02.
  16. ^ "WorkInspired: How to Build an Organization Where Everyone Loves to Work [Book]". Oreilly.com.
  17. ^ "WorkInspired: How to Build an Organization Where Everyone Loves to Work". Porchlight Books. 16 October 2018.
  18. ^ "Next steps in the Kronos, Ultimate Software merger | HRExecutive.com". hrexecutive.com. 2020-08-28. Retrieved 2020-09-15.
  19. ^ Maffei, Lucia. "After 17 years, Aron Ain is done being a CEO. But he doesn't want to stop working".
  20. ^ "Hamilton College". Hamilton College. Retrieved 2018-08-02.
  21. ^ "Beth Israel Deaconess board appoints Newton residents". Newton TAB. Retrieved 2018-08-02.
  22. ^ "Our Leadership". Combined Jewish Philanthropies of Greater Boston (CJP). Retrieved 2020-09-08.
  23. ^ Reidy, Chris (July 3, 2012). "Kronos CEO Aron Ain wins an Ernst & Young Entrepreneur of the Year Award in tech category". Boston Globe.
  24. ^ "Kronos CEO Aron Ain Honored with Inaugural Ray Stata Leadership and Innovation Award by Massachusetts High Technology Council". MarketWatch. Retrieved 2018-08-02.
  25. ^ "MassTLC Leadership Award Winners 2016 | MassTLC". MassTLC. 2016-09-15. Retrieved 2018-08-02.
  26. ^ "The 1 Thing You Need to Realize Before You Can Be a Great Leader". Inc.com. 2019-01-17. Retrieved 2019-02-06.
  27. ^ "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.
  28. ^ Duncan, Rodger Dean. "Want Your People To Work Inspired? Be An Un-Leader". Forbes. Retrieved 2019-02-06.
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