BOSTON, June 5, 2023
/PRNewswire/ -- PTC (NASDAQ: PTC) has appointed
Janesh Moorjani to its Board of
Directors, effective June 7,
2023.
An experienced public company finance leader with international
operating experience in sales, Moorjani has spent more than two
decades helping fuel growth and drive transformation in large and
mid-size technology companies. Moorjani is currently CFO and COO of
Elastic NV, a leading platform for search-powered solutions.
"At PTC, we are driven by the parallel pursuit of technology
leadership and operational excellence," said James "Jim"
Heppelmann, CEO of PTC. "Janesh brings a unique blend of expertise
in financial and operational management that will be a real asset
to PTC as we continue to evolve our business model and accelerate
our company's embrace of SaaS. We are pleased to expand our
talented board with someone with such an impressive
background."
Before joining Elastic and leading the company to its successful
IPO in 2018, Moorjani served in senior finance roles at Infoblox
and VMware. Earlier, he spent nearly a decade at Cisco Systems,
serving in sales, operations, and finance roles in Asia Pacific and the U.S.
"PTC is well positioned to create value for shareholders by
leveraging an enviable market position as a leader in helping
companies digitally transform the way they create, manufacture, and
service physical products," said Moorjani. "I am pleased to join
PTC's Board of Directors and look forward to contributing to the
company's continued success."
Moorjani is on the Board of Directors at Cohesity, a pre-IPO
data management company, funded by premier venture capital firms,
where he serves on the Audit Committee.
Moorjani will serve on the PTC Board's Audit Committee. His
appointment brings the total members of PTC's Board of Directors to
ten.
About PTC (NASDAQ: PTC)
Together with a broad partner
ecosystem, PTC enables industrial companies to digitally transform
the way they create, manufacture, and service physical products.
Our best-in-class technology portfolio includes the industry's
first cloud-native product development system as well as a unique
set of SaaS and on-premises tools that work together to enable a
digital thread strategy across the manufacturing value chain. At
PTC, we don't just imagine a better world, we help create it.
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PTC Corporate Communications
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Investor Contact
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SOURCE PTC Inc.