Company honored for bolstering gender diversity in its C-suite and
boardroom
BEDFORD, Mass.--(BUSINESS WIRE)--Nov. 14, 2018--
Progress
(NASDAQ: PRGS), the leading provider of application development and
digital experience technologies, today announced it has been named the
winner of the “Leadership in the Advancement of Women Award” from The
Boston Club. The award recognizes New England companies that achieve
gender diversity in their executive suite and boardroom. Winners were
announced during The Boston Club’s 2018 Corporate Salute event, which
took place November 7 in Boston.
“With the addition of two women to its Board and one to its executive
suite this year, Progress has demonstrated their commitment to
supporting inclusion and diversity through the advancement of women,”
said Hilary A. Potts, Chair of The Boston Club’s Corporate Board
Committee. “This year alone, 42% of open Board seats at the 100 largest
Massachusetts public companies were filled by women, up from 29% last
year because of companies like Progress. We thank Progress for the
example it is setting for other businesses and congratulate them on this
achievement.”
In the past year, Progress has appointed two women to its Board of
Directors – Sam King, Senior Vice President, General Manager and Chief
Strategy Officer of Veracode, and Angela Tucci, Chief Executive Officer
of Apto. The two accomplished technology leaders represent important
additions to the Board, bringing valuable software industry and
entrepreneurial experience.
Progress also named a female executive officer, Loren Jarrett. In her
role as Chief Marketing Officer (CMO) for the company, she is
responsible for driving the company’s global marketing and strategy
efforts. Jarrett is also currently spearheading Progress’ Inclusion and
Diversity program, with a focus on attracting more women to the company,
enabling their career growth, and creating a culture in which people of
all backgrounds are valued and can do their best work.
“The business case showing that gender diversity on corporate boards and
executive teams leads to higher company performance, is well established
and compelling,” said Yogesh Gupta, CEO, Progress. “Progress is
extremely proud to be recognized for our efforts in inclusion and
diversity, which we are pursuing not only in our boardroom, but
throughout our company. We believe that creating an inclusive and
diverse workplace drives us to produce the best solutions to meet
challenges and compete in a global market.”
The Boston Club’s mission is to impel the advancement of women to top
leadership positions at public companies in Massachusetts and beyond.
Founded in 1976, The Boston Club has grown into one of the largest
organizations for women executive and professional leaders in the
Northeast. Its 700 members represent an impressive cross-section of
industries and sectors, and encompass top-tier corporate executives,
entrepreneurs, attorneys, financial advisers, strategic marketing
consultants, college presidents and nonprofit leaders. The Boston Club’s
core belief is that more women in significant and visible leadership
roles will mean better business performance and strengthened economic
health in our communities.
Additional Resources
About Progress
Progress
(NASDAQ: PRGS) offers the leading platform for developing and deploying
strategic business applications. We enable customers and partners to
deliver modern, high-impact digital experiences with a fraction of the
effort, time and cost. Progress offers powerful tools for easily
building adaptive user experiences across any type of device or
touchpoint, award-winning machine learning that enables cognitive
capabilities to be a part of any application, the flexibility of a
serverless cloud to deploy modern apps, business rules, web content
management, plus leading data connectivity technology. Over 1,700
independent software vendors, 100,000 enterprise customers, and two
million developers rely on Progress to power their applications. Learn
about Progress at www.progress.com or
+1-800-477-6473.
Progress is a trademark or registered trademark of Progress Software
Corporation and/or one of its subsidiaries or affiliates in the US and
other countries. Any other trademarks contained herein are the property
of their respective owners.
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Source: Progress
Progress
Kim Baker, +1 888-365-2779
pr@progress.com
