Loren  Jarrett net worth and biography

Loren Jarrett Biography and Net Worth

EVP, General Manager, Digital Experience of Progress Software

As Executive Vice President, General Manager of the Digital Experience (DX) business, Loren Jarrett leads the Progress products that developers, marketers and designers use to build and deploy human-centered, AI-powered digital experiences. Loren is responsible for driving all facets of the business including sales, demand generation, engineering, product management, product marketing, customer success, support and developer relations. The DX business unit empowers customers with the technology to harness digital channels to reinvent business processes and customer interactions, building the agility to succeed in a changing world. 

Loren brings decades of proven go-to-market and product leadership experience in enterprise software, with deep expertise in both enterprise and high-velocity businesses. Before taking over as General Manager of the Digital Experience business, Loren was General Manager of the Developer Tools business at Progress for four years, during which time she and her team drove both growth and efficiency within the business. Loren first joined Progress as Chief Marketing Officer, where she built a high-performing marketing organization, drove a coordinated go-to-market strategy across Progress’ many business lines and achieved notable industry recognitions during her tenure. 

Prior to Progress, Loren held executive leadership roles across the software industry, including as CMO of Acquia, CMO of Kaseya, and Head of Marketing and Product Management at FatWire, the latter resulting in a strategic sale to Oracle. She also held leadership roles at CA Technologies, Oracle and American Express. 

An elite competitive figure skater when young, Loren learned early that anything worth achieving takes tremendous effort, skill and persistence. Loren brings all three to her daily work at Progress, and to promoting inclusion and diversity within the workplace and beyond. She is an executive sponsor of two Progress Employee Resource Groups (ERGs): Progress for Her, and the Latinx employee group, Unidos en Progress.  

Loren holds a Master of Business Administration from Harvard Business School, and a bachelor's degree from Yale University, magna cum laude.

What is Loren Jarrett's net worth?

The estimated net worth of Loren Jarrett is at least $867,502.26 as of July 16th, 2024. Ms. Jarrett owns 13,406 shares of Progress Software stock worth more than $867,502 as of October 31st. This net worth approximation does not reflect any other assets that Ms. Jarrett may own. Additionally, Ms. Jarrett receives a salary of $752,380.00 as EVP, General Manager, Digital Experience at Progress Software. Learn More about Loren Jarrett's net worth.

How old is Loren Jarrett?

Ms. Jarrett is currently 49 years old. There are 7 older executives and no younger executives at Progress Software. The oldest executive at Progress Software is Mr. Yogesh K. Gupta, CEO, President & Director, who is 63 years old. Learn More on Loren Jarrett's age.

What is Loren Jarrett's salary?

As the EVP, General Manager, Digital Experience of Progress Software Co., Ms. Jarrett earns $752,380.00 per year. There are 4 executives that earn more than Ms. Jarrett. The highest earning executive at Progress Software is Mr. Yogesh K. Gupta, CEO, President & Director, who commands a salary of $1,450,000.00 per year. Learn More on Loren Jarrett's salary.

How do I contact Loren Jarrett?

The corporate mailing address for Ms. Jarrett 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 Loren Jarrett's contact information.

Has Loren Jarrett been buying or selling shares of Progress Software?

Loren Jarrett has not been actively trading shares of Progress Software in the last ninety days. Most recently, Loren Jarrett sold 9,961 shares of the business's stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $55.98, for a transaction totalling $557,616.78. Following the completion of the sale, the executive vice president now directly owns 13,406 shares of the company's stock, valued at $750,467.88. Learn More on Loren Jarrett'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 3.3% of the company. Learn More about insider trades at Progress Software.

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

Loren Jarrett Insider Trading History at Progress Software

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/16/2024Sell9,961$55.98$557,616.7813,406View SEC Filing Icon  
4/20/2023Sell46,028$56.57$2,603,803.969,961View SEC Filing Icon  
2/6/2023Sell4,629$55.90$258,761.1017,639View SEC Filing Icon  
11/4/2022Sell4,215$48.95$206,324.2515,455View SEC Filing Icon  
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Loren Jarrett Buying and Selling Activity at Progress Software

This chart shows Loren Jarrett'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