PTC Appoints Robert P. Schechter to Its Board of Directors
PTC® (Nasdaq: PMTC), The Product Development Company®, today announced
the appointment of Robert P. Schechter to its Board of Directors.
“Bob brings a valuable combination of business strategy, technology and
financial acumen to PTC’s board,” said C. Richard Harrison, chairman and
chief executive officer, PTC. “We look forward to benefiting from Bob’s
tremendous board experience and business insight as we focus on
profitable growth and delivering shareholder value.”
Most recently, Mr. Schechter served as chairman and chief executive
officer at NMS Communications (now known as LiveWire Mobile), serving as
chief executive officer from 1995 to 2008. Prior to NMS Communications,
Mr. Schechter held positions of chief financial officer and senior vice
president at Lotus Development Corporation and was responsible for all
sales, marketing, customer service and product development activities
outside of North America, as well as Lotus global consulting services.
Previously, Mr. Schechter was a Partner at Coopers & Lybrand LLP and
served as Chairman of the North East Region High Tech Practice.
Mr. Schechter currently serves on the Board of Unica Corporation. Mr.
Schechter’s previous board positions include LiveWire Mobile Inc.,
Moldflow Corporation, MapInfo Corporation, Infinium Software and
Soapstone Networks.
Mr. Schechter commented, “It is an exciting time for me to join an
organization that has been recognized as a thought leader in the product
development space for more than two decades. PTC is well positioned to
continue to extend its technology leadership position and I look forward
to contributing to this strategy.”
About PTC
PTC (Nasdaq: PMTC) provides discrete manufacturers with software and
services to meet the globalization, time-to-market and operational
efficiency objectives of product development. Using the company’s CAD
and content and process management solutions, organizations in the
Industrial, High-Tech, Aerospace and Defense, Automotive, Consumer and
Medical industries are able to support key business objectives and
create innovative products that meet customer needs and comply with
industry regulations. For more information on PTC, please visit http://www.ptc.com.
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