Charles Francis  Kane net worth and biography

Charles Kane Biography and Net Worth

Director of Progress Software

Charles Kane is currently Senior Lecturer, Global Economics and Management and Technological Innovation, Entrepreneurship and Strategic Management at the MIT Sloan Graduate Business School of Management. Mr. Kane also serves as a Board member of Alkami Technology, Inc. (Nasdaq: ALKT), a digital banking platform that enables banks and credit unions to grow confidently and compete with Megabanks and Fintechs; Symbotic Inc. (Nasdaq: SYM), a robotics hardware and software company for supply chain management. In addition, Mr. Kane sits on the private company boards of Workhuman, an Employee Recognition software company; Aareon Technologies GmbH, a Real Estate Software company; and Acoustic Technologies, a Marketing Technology Software company. Since November 2006, Mr. Kane has also been a Director and Strategic Advisor of One Laptop per Child (OLPC), a non-profit organization that provides computing and internet access for students in the developing world, for which he served as President and Chief Operating Officer from 2008 until 2009. Prior to OLPC, Mr. Kane served as Executive Vice President and Chief Administrative Officer of Global BPO Services Corp., a special purpose acquisition corporation, from July 2007 until March 2008, and as Chief Financial Officer of Global BPO from August 2007 until March 2008.

Prior to joining Global BPO, Mr. Kane served as CFO of RSA Security Inc., a provider of e-security solutions, from May 2006 until RSA was acquired by EMC Corporation in October 2006. From July 2003 until May 2006, he served as CFO of Aspen Technology, Inc. (NYSE: AZPN), a provider of supply chain management software and professional services. Mr. Kane also served as President and CEO of Corechange, Inc. (acquired by Open Text Corp.); and CFO of Informix Software (acquired by IBM). He has also served in financial executive positions at Stratus Computer, Prime Computer and Deloitte.

Mr. Kane also served as a Board member and the Audit Committee Chairman of Carbonite (CARB) (acquired by Open Text); RealPage (RP) (acquired by Thoma Bravo); Demandware (DWRE) (acquired by Salesforce); Click Software (acquired by Salesforce); Applix (APLX) (acquired by IBM); Borland Software (BORL) (acquired by Micro Focus LTD); Netezza Corp (acquired by IBM); and the Hult Global Challenge of the Clinton Global Initiative, of which he was a founding member.

Throughout his career, Mr. Kane has been involved in developing and executing sophisticated financial strategies in globalizing corporations and mergers and acquisitions. He is a frequent speaker and writer on these topics, as well as other international financial topics and social entrepreneurial ventures, and is the coauthor of the book, Learning to Change the World—the Social Impact of One Laptop per Child. Mr. Kane is a certified public accountant and has taught international finance at the business schools of Boston College and Babson College. He holds a Bachelor of Business Administration Degree in Accounting from the University of Notre Dame and a Master's Degree in International Finance from Babson College.

What is Charles Francis Kane's net worth?

The estimated net worth of Charles Francis Kane is at least $3.98 million as of February 2nd, 2024. Mr. Kane owns 62,110 shares of Progress Software stock worth more than $3,980,630 as of October 31st. This net worth estimate does not reflect any other investments that Mr. Kane may own. Learn More about Charles Francis Kane's net worth.

How do I contact Charles Francis Kane?

The corporate mailing address for Mr. Kane and other Progress Software executives is 14 OAK PARK DRIVE, BEDFORD MA, 01730. Progress Software can also be reached via phone at (781) 280-4000 and via email at [email protected]. Learn More on Charles Francis Kane's contact information.

Has Charles Francis Kane been buying or selling shares of Progress Software?

Charles Francis Kane has not been actively trading shares of Progress Software within the last three months. Most recently, Charles Francis Kane sold 5,000 shares of the business's stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $57.37, for a transaction totalling $286,850.00. Following the completion of the sale, the director now directly owns 62,110 shares of the company's stock, valued at $3,563,250.70. Learn More on Charles Francis Kane's trading history.

Who are Progress Software's active insiders?

Progress Software's insider roster includes John Ainsworth (EVP, General Manager, Application and Data Platform), Anthony Folger (CFO), Yogesh Gupta (CEO), Loren Jarrett (EVP, General Manager, Digital Experience), Charles Kane (Director), David Krall (Director), Domenic Lococo (CAO), Ian Pitt (Insider), Gary Quinn (EVP), Jeremy Segal (EVP), and Yufan Stephanie Wang (Chief Legal Officer and Secretary). Learn More on Progress Software's active insiders.

Are insiders buying or selling shares of Progress Software?

During the last year, insiders at the software maker sold shares 26 times. They sold a total of 169,471 shares worth more than $9,346,910.67. The most recent insider tranaction occured on October, 23rd when insider Ian Pitt sold 1,747 shares worth more than $113,677.29. Insiders at Progress Software own 3.4% of the company. Learn More about insider trades at Progress Software.

Information on this page was last updated on 10/23/2024.

Charles Francis Kane Insider Trading History at Progress Software

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/2/2024Sell5,000$57.37$286,850.0062,110View SEC Filing Icon  
4/5/2023Sell20,000$54.34$1,086,800.0068,175View SEC Filing Icon  
4/27/2022Sell5,000$46.23$231,150.0083,208View SEC Filing Icon  
2/7/2020Sell7,500$44.91$336,825.0078,243View SEC Filing Icon  
4/11/2019Sell7,764$45.58$353,883.1280,890View SEC Filing Icon  
4/25/2016Sell10,000$26.13$261,300.0080,924View SEC Filing Icon  
11/7/2013Sell15,000$25.85$387,750.0059,903View SEC Filing Icon  
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Charles Francis Kane Buying and Selling Activity at Progress Software

This chart shows Charles Francis Kane's buying and selling at Progress Software by year and by quarter.

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Progress Software Company Overview

Progress Software logo
Progress Software Corporation develops, deploys, and manages business applications in the United States and internationally. The company offers OpenEdge, an application development platform for running business-critical applications; Chef, a DevOps/DevSecOps automation software; Developer Tools that consists of software development tooling collection, including .NET and JavaScript UI components for web, desktop and mobile applications, reporting and report management tools, and automated testing and mocking tools; Kemp LoadMaster, an application delivery and security product offering cloud-native, and virtual and hardware load balancers; and Sitefinity, a digital experience platform foundation delivering intelligent and ROI-driving tools for marketers. It also provides MOVEit, a managed file transfer software for managing and controlling the movement of sensitive files and securing them both at-rest and in-transit; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data and SaaS data sources; WhatsUp Gold, a network infrastructure monitoring software providing complete visibility of all network devices, servers, virtual machines, and cloud and wireless environments to find and fix network problems; Flowmon, a network security and visibility product with automated response across hybrid cloud ecosystems; Corticon, a decision automation platform to transform user experiences by streamlining and automating complex business rules; MarkLogic, a data agility platform to connect data and metadata; and Semaphore, a Semantic AI platform. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications; and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
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Today's Range

Now: $64.09
Low: $64.07
High: $64.89

50 Day Range

MA: $61.81
Low: $56.22
High: $67.37

2 Week Range

Now: $64.09
Low: $48.00
High: $67.89

Volume

444,825 shs

Average Volume

504,685 shs

Market Capitalization

$2.75 billion

P/E Ratio

34.27

Dividend Yield

1.07%

Beta

0.92