BOSTON - PTC (NASDAQ: NASDAQ:PTC), a global software company, has announced the appointment of Rob Bernshteyn to its Board of Directors, set to take effect on September 9, 2024. Bernshteyn brings over three decades of experience in the enterprise software industry, notably as CEO and Chairman of Coupa Software (NASDAQ:COUP), where he led the company through a period of significant growth and a successful IPO in 2016.
Neil Barua, CEO of PTC, expressed confidence in Bernshteyn's abilities, citing his extensive background in executive management and his track record in guiding a high-growth public company. Bernshteyn's role on the PTC Board will include serving on the Compensation & People Committee.
Bernshteyn's appointment is seen as a strategic move for PTC as the company continues to focus on growth and delivering customer value. His experience is expected to be particularly valuable in enhancing PTC's positioning as an industry leader.
With an MBA from Harvard Business School and a B.S. in Information Systems from the State University of New York at Albany, Bernshteyn has also held leadership roles at SuccessFactors and Siebel Systems and served on the Board of Directors of Medallia (NYSE:MDLA).
PTC, headquartered in Boston, Massachusetts, specializes in digital transformation solutions for industrial and manufacturing companies. The company employs over 7,000 individuals and supports more than 30,000 customers worldwide.
This latest development in PTC's leadership structure is based on a press release statement and reflects the company's ongoing commitment to strengthening its board with experienced industry professionals.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.