John Butler 鈥85, Josh Cole 鈥21 Discuss Career Paths at Lowell-Based Software Giant
03/22/2024
By Ed Brennen
Manning School of Business alum John Butler 鈥85 knew the merger of Kronos Incorporated and Ultimate Software, two $1.5 billion human capital management software companies with 6,000 employees each, would be complex.
But merging the companies in the spring of 2020, just as the COVID-19 pandemic was gripping the planet, only heightened the degree of difficulty.
鈥淲e announced the merger in February 2020, basically three weeks before the world shut down,鈥 recalls Butler, who carried over his chief financial officer role from Kronos to the newly formed UKG (Ultimate Kronos Group). 鈥淚 had only met Ultimate Software鈥檚 accounting and finance people once or twice, so my biggest challenge was getting to know them and building trust over video for more than a year.鈥
Butler was recognized for his leadership during the successful merger 鈥 which created what is today one of the largest U.S.-based private software companies 鈥 by being named CFO of the Year by the Boston Business Journal in 2020.
Butler, along with fellow business alum Josh Cole 鈥21, a financial analyst at UKG, and Rachele Caturano, director of team development, visited campus recently for 鈥淯KG Day,鈥 a new event designed to introduce Manning students to career opportunities at the $4.3 billion company, which is headquartered in Lowell and Weston, Florida.
鈥淲hen I sat where you are today, I didn鈥檛 really know what the world of accounting and finance was all about,鈥 Butler told more than 60 students at Alumni Hall. 鈥淭he foundation of education that I got at UMass Lowell prepared me for everything that I鈥檝e run into and accomplished since then.鈥
A native of Chelmsford, Massachusetts, Butler attended UML on a track and field scholarship. After earning a degree in finance, he landed an accounting job at Wang Laboratories, the former computer company that was headquartered at what is today known as Cross Point in Lowell 鈥 the same office complex where UKG is based today.
鈥淚 started my career in that building and I鈥檒l finish my career in that building,鈥 said Butler, who is retiring later this year.
Butler went on to work as a certified public accountant at Coopers & Lybrand (now PwC) before joining UKG approximately 30 years ago.
鈥淚t took me a while to find my way into the software industry, but I picked it because it was always changing. I found that intellectually stimulating,鈥 said Butler, who encouraged students to think about professional and personal growth in their careers.
鈥淭he one thing you can do is invest in yourself to help make sure that you continue to advance your skills,鈥 he said. 鈥淵ou鈥檙e starting at the right point. You鈥檙e at a great school, getting a great education. But invest in yourself. That lifelong dedication to learning, it never stops.鈥
Cole landed a co-op with UKG鈥檚 international finance team during the spring semester of his junior year. A native of Tyngsboro, Massachusetts, he knew about UKG from the banner 鈥測ou couldn鈥檛 miss鈥 on the side of Cross Point that read, 鈥淭op place to work in Boston,鈥 according to the Boston Globe and the Boston Business Journal.聽
鈥淲hen I started working there, I immediately noticed the culture. They wanted to develop me and showed interest in me. I knew it was a place that I wanted to stay,鈥 said Cole, who was hired as a contractor after graduating with a degree in finance and landed a full-time role six months later.
Working in financial planning and analysis, Cole collaborates with teams across UKG, including sales, accounting, information technology and human resources.
鈥淟earning about what they do and the impact they have has helped my understanding of the business as a whole, which I love,鈥 he said. 鈥淲hat I know now compared to what I knew four years ago 鈥 not just about UKG, but about the business world 鈥 and applying what I learned at UMass Lowell has been incredible.鈥
Kayla Saunders, a sophomore with concentrations in accounting and finance, was among the students in attendance. She used UKG software 鈥渆very day鈥 while working at Stop & Shop in her hometown of Malden, Massachusetts.
鈥淚鈥檝e only heard about smaller firms so far, so it was interesting to see the differences with a large international firm like UKG 鈥 how they still care about their culture and employees,鈥 she said.
Demitri Bouras, a junior accounting and finance student from Dracut, Massachusetts, appreciated hearing from a young business alum like Cole.
鈥淚t鈥檚 inspiring to see how far he鈥檚 gone in four years. It shows there鈥檚 a lot of opportunities for UMass Lowell students,鈥 he said.
While UKG heavily recruits engineering and computer science students from UML for co-ops and internships, Butler would like to see more business students pursue opportunities at the company, which was at the Spring Career Fair and has hundreds of job openings worldwide.
鈥淯Mass Lowell students are not afraid to ask questions and learn,鈥 he said. 鈥淭hey have a great foundation, and they fit well in our organization.鈥