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Felicia Alvaro

Former Chief Financial Officer and Treasurer for Ultimate Software

Felicia Alvaro was the Executive Vice President, Chief Financial Officer and Treasurer of Ultimate Software before she retired in 2020. She spent 22 years at Ultimate, helping the company grow from $50 million in revenue to over $1 billion. In her role, she led the company’s accounting, finance, privacy, risk and compliance, tax, treasury, and financial systems teams. She also oversaw the financial aspects of the company’s largest acquisition, which took them global, and its transition from a public company to a privately held company. Prior to Ultimate, Felicia spent 11 years in finance and accounting positions at Precision Response Corporation, Pueblo Xtra International, and KPMG. She is a Certified Public Accountant (CPA) and received a degree in Accounting from Southeastern Louisiana University.

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