PITTSBURGH, March 15, 2021 /PRNewswire/
-- Ansys (NASDAQ: ANSS) today announced
that Jim Frankola accepted an
appointment to the Ansys Board of Directors, effective March 12, 2021 – bringing with him more than 25
years of business transformation, corporate governance and
financial experience.
Frankola is the chief financial officer (CFO) of Cloudera, an
enterprise data cloud company. He previously served as CFO of
Yodlee, Inc., a data aggregation and data analytics platform
company, and CFO of Ariba, Inc., a software and information
technology services company. In addition to his CFO roles, Frankola
has held various senior positions in financial and business
management at global industry-leading companies including IBM and
Avery Dennison Corporation, and served on the board of
ActivIDentity Corporation, a credentials management and
authentication company.
Throughout his career, Frankola's expertise has helped
businesses innovate to accelerate growth. Under his leadership,
Cloudera and Ariba transitioned into software-as-a-service business
models, re-platforming core technology and innovating go-to-market
strategies, resulting in double-digit improvements in operating
margins and organic growth.
"We are proud to welcome Jim to the Ansys board," said
Ronald W. Hovsepian, Ansys chairman
of the board. "He has a decades-long track record of solving
difficult business challenges as well as driving data-driven growth
and business transformation. His proven ability to incorporate
governance and financial know-how into strategic decision-making
makes him an ideal addition to the Board's Audit Committee."
"Jim is an accomplished leader with an exceptional background in
business strategy, development and cloud-based transformation,"
said Ajei Gopal, president and CEO of Ansys. "His skillset and
experience will help to lay the groundwork for Ansys to meet our
aggressive growth targets."
About Ansys
If you've ever seen a rocket launch, flown on an airplane,
driven a car, used a computer, touched a mobile device, crossed a
bridge or put on wearable technology, chances are you've used a
product where Ansys software played a critical role in its
creation. Ansys is the global leader in engineering simulation.
Through our strategy of Pervasive Engineering Simulation, we help
the world's most innovative companies deliver radically better
products to their customers. By offering the best and broadest
portfolio of engineering simulation software, we help them solve
the most complex design challenges and create products limited only
by imagination. Founded in 1970, Ansys is headquartered south of
Pittsburgh, Pennsylvania, U.S.A.
Visit www.ansys.com for more information.
Ansys and any and all ANSYS, Inc. brand, product, service and
feature names, logos and slogans are registered trademarks or
trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All
other brand, product, service and feature names or trademarks are
the property of their respective owners.
ANSS-F
Contact
|
Investors
|
Virginea
Gibson
724.820.4225
virginea.gibson@ansys.com
|
Media
|
Mary Kate
Joyce
724.820.4368
marykate.joyce@ansys.com
|
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ansys-appoints-jim-frankola-to-the-board-of-directors-301247677.html
SOURCE Ansys