PITTSBURGH, March 15, 2021 / PRNewswire / – Ansys (NASDAQ: ANSS) announced today that Jim Frankola accepted an appointment to the Ansys Board of Directors effective March 12, 2021 – Bring more than 25 years of experience in the areas of business transformation, corporate governance and finance.
Frankola is the Chief Financial Officer (CFO) of Cloudera, an enterprise data cloud company. Previously, he was 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 finance and business management at the world’s leading companies, including IBM and Avery Dennison Corporation, and served on the boards of ActivIDentity Corporation, a credential management and authentication company.
Throughout his career, Frankola’s expertise has helped companies innovate to accelerate growth. Under his leadership, Cloudera and Ariba switched to software-as-a-service business models to re-platform core technology and innovate go-to-market strategies, resulting in double-digit improvements in operating margins and organic growth.
“We are proud to have Jim on the Ansys board of directors,” he said Ronald W. HovsepianAnsys CEO. “He has decades of experience solving tough business challenges, driving data-driven growth and transforming businesses. His proven ability to incorporate governance and financial expertise into strategic decision-making makes him an ideal addition to the Board Audit Committee. “
“Jim is an accomplished leader with an exceptional background in business strategy, development and cloud-based transformation,” said Ajei Gopal, Ansys President and CEO. “His skills and experience will help lay the foundations for Ansys to meet our aggressive growth goals.”
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 used wearable technology, you have likely used a product in which Ansys software was instrumental at its creation. Ansys is a world leader in engineering simulation. With our strategy of pervasive engineering simulation, we help the most innovative companies in the world to deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help you solve the most complex design challenges and create products that are only limited by imagination. Ansys was founded in 1970 and is headquartered south of Pittsburgh, Pennsylvania, USA Visit www.ansys.com for more information.
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