Ted  Kummert net worth and biography

Ted Kummert Biography and Net Worth

EVP of UiPath
Ted brings engineering and management excellence to Madrona and works with Madrona’s portfolio companies to help them navigate through engineering, business and management changes.  Ted joined Madrona for the first time as Venture Partner in 2013, and then moved to Apptio to lead their engineering and product teams.  Following the successful IPO, Ted returned to Madrona in 2017.  In 2019, Ted joined portfolio company UiPath as  EVP, Products and Engineering at UIPath.  Ted continues to work as a Venture Partner with Madrona.

During his four years at Apptio as EVP of Engineering and Cloud Operations. Ted built a world-class engineering and product team and transformed Apptio’s core platform from a custom solution to distinct, SaaS applications designed for enterprise and federal CIOs and CFOs. Under Ted’s leadership, the team conducted a major modernization of Apptio’s underlying technology, developed real-time analytics for leading public cloud providers, and built the industry’s standard model for IT costing into Apptio’s applications. Ted also led the release of new cost transparency, planning, benchmarking and IT chargeback applications while tuning Apptio’s technology to the needs of public sector IT leaders.

Prior to joining Madrona in 2013, Ted was Corporate Vice President of Microsoft’s Data Platform Group where he led the development of several key Microsoft enterprise products including SQL Server, SQL Server Parallel Data Warehouse, Windows Azure Data Services and Microsoft’s business intelligence and big data offerings.  During his two decade tenure at Microsoft, Ted led teams across a broad set of technologies, including operating systems, consumer online services, enterprise security and enterprise application platform. Prior to Microsoft, Ted worked for Apple and Hewlett-Packard.

What is Ted Kummert's net worth?

The estimated net worth of Ted Kummert is at least $20.24 million as of September 9th, 2021. Mr. Kummert owns 888,590 shares of UiPath stock worth more than $20,242,080 as of March 28th. This net worth evaluation does not reflect any other investments that Mr. Kummert may own. Learn More about Ted Kummert's net worth.

How do I contact Ted Kummert?

The corporate mailing address for Mr. Kummert and other UiPath executives is 7 Great Valley Pkwy Ste 300, MALVERN, PA 19355-1425, United States. UiPath can also be reached via phone at 844-432-0455 and via email at [email protected]. Learn More on Ted Kummert's contact information.

Has Ted Kummert been buying or selling shares of UiPath?

Ted Kummert has not been actively trading shares of UiPath within the last three months. Most recently, Ted Kummert sold 17,278 shares of the business's stock in a transaction on Monday, January 3rd. The shares were sold at an average price of $43.26, for a transaction totalling $747,446.28. Learn More on Ted Kummert's trading history.

Who are UiPath's active insiders?

UiPath's insider roster includes Philippe Botteri (Director), Brad Brubaker (Insider), Daniel Dines (CEO), Ashim Gupta (CFO), Kimberly Hammonds (Director), Thomas Hansen (CRO), Ted Kummert (EVP), Hitesh Ramani (CAO), Laela Sturdy (Director), and Rich Wong (Director). Learn More on UiPath's active insiders.

Are insiders buying or selling shares of UiPath?

During the last year, insiders at the healthcare company sold shares 23 times. They sold a total of 1,384,546 shares worth more than $28,266,902.27. The most recent insider tranaction occured on March, 15th when CFO Ashim Gupta sold 16,000 shares worth more than $365,440.00. Insiders at UiPath own 31.0% of the company. Learn More about insider trades at UiPath.

Information on this page was last updated on 3/15/2024.

Ted Kummert Insider Trading History at UiPath

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/3/2022Sell17,278$43.26$747,446.28View SEC Filing Icon  
12/10/2021Sell155,318$43.74$6,793,609.32View SEC Filing Icon  
9/9/2021Sell50,000$56.09$2,804,500.00888,590View SEC Filing Icon  
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Ted Kummert Buying and Selling Activity at UiPath

This chart shows Ted Kummert's buying and selling at UiPath by year and by quarter.

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UiPath Company Overview

UiPath logo
UiPath Inc. provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, and Japan. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization. Its platform combines artificial intelligence with desktop recording, back-end mining of both human activity and system logs, and intuitive visualization tools, which enables users to discover, analyze, and identify processes to automate in a centralized portal; offers low-code development environments that allows users in an organization to create attended and unattended automations without any prior knowledge of coding; deploys robots in highly immersive attended experiences or in standalone, unattended modes behind the scenes, and can leverage native connectors built for commonly used line-of-business applications; offers centralized tools designed to manage, test, and deploy automations and ML models across the enterprise; allows customers to manage long running processes that orchestrate work between robots and humans; and enable users to track, measure, and forecast the performance of automation in their enterprise and help businesses ensure compliance with business standards. In addition, the company provides maintenance and support for its software, as well as professional services, such as training and implementation services to facilitate the adoption of its platform. It serves banking, healthcare, financial services, and government entities. UiPath Inc. has collaboration with Deloitte to introduce Turnkey automation offering for growth companies. The company was founded in 2005 and is headquartered in New York, New York.
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Today's Range

Now: $22.67
Low: $22.59
High: $23.04

50 Day Range

MA: $23.63
Low: $21.60
High: $26.89

2 Week Range

Now: $22.67
Low: $12.38
High: $27.87

Volume

5,388,490 shs

Average Volume

9,565,218 shs

Market Capitalization

$12.83 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.97