ANSYS, INC. (NASDAQ:ANSS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
As previously announced, effective as of January 1, 2017, Dr. Ajei S. Gopal will assume the role of Chief Executive Officer of ANSYS, Inc. (the “Company”). In connection with the assumption of the role of Chief Executive Officer, on December 15, 2016, the Board of Directors of the Company approved an increase in Dr. Gopal’s base salary, effective January 1, 2017, to $750,000 annually. All other terms of Dr. Gopal’s employment remain subject to the terms of his existing employment agreement with the Company.
About ANSYS, INC. (NASDAQ:ANSS)
ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers and students across industries and academia, including aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors. The Company distributes its ANSYS suite of simulation technologies through a network of independent resellers and distributors, channel partners and direct sales offices across the world. The Company’s product portfolio consists of ANSYS Workbench, Structures, Fluids, Electronics, Multiphysics, Embedded Software, Systems, 3-D Direct Modeling and Academic. ANSYS Workbench is the framework upon which the Company’s suite of engineering simulation technologies is built. Its fluids product suite enables modeling of fluid flow and other related physical phenomena. Its electronics product suite provides field simulation software for designing electronic and electromechanical products. ANSYS, INC. (NASDAQ:ANSS) Recent Trading Information
ANSYS, INC. (NASDAQ:ANSS) closed its last trading session down -1.25 at 94.65 with 548,571 shares trading hands.