Appointment of Caroline Phares and Chip
Colbert to bolster Altair's industry expertise
TROY,
Mich., Feb. 22, 2024 /PRNewswire/
-- Altair (Nasdaq: ALTR), a global leader in
computational intelligence, announced that Chip Colbert and Caroline Phares have joined Altair in leadership
roles for two priority industry segments. Phares has been named
vice president for healthcare and life sciences (HLS) and Colbert
has been named senior director for Federal and Department of
Defense (DoD), part of Altair's aerospace and defense vertical.
Both individuals bring decades of valuable experience that will
further propel Altair's industry efforts.
"Chip and Caroline's proven experience will further bolster our
focus on high-growth industry segments, helping us expand Altair's
market share in segments where we have best-in-class technology, a
strong track record of success, and a unique blend of talent," said
James R. Scapa, co-founder and chief
executive officer, Altair. "Adding these two leaders is another
demonstration of our commitment to investing in high-potential
industries."
With more than 20 years of experience, Caroline Phares will elevate Altair's presence
and enhance its focus in the HLS sector. Prior to joining Altair,
she served as the global head of health and life sciences at Domino
Data Lab. Prior to joining Domino, she served as the product
director of quantitative decision-making at GSK, where she was
responsible for leading a transformational biostatistics program
which modernized technology, processes, and skills to accelerate
analysis and reporting for clinical trials submissions and
leveraged data assets for faster decision-making and continuous
improvement. Phares is a graduate of Villanova
University and holds a bachelor of science degree in
comprehensive science, physics, and mathematics.
As a seasoned national security, military, and business leader
with decades of experience, Chip
Colbert will expand Altair's Federal and Department of
Defense customer portfolio. Previously, he served as the vice
president for the Department of Defense and the Intelligence
Community for Virtualitics, Inc. and as the senior director of U.S.
sales for Rebellion Defense. In both roles, Colbert was responsible
for defining go-to-market strategy and establishing teams to
deliver commercial growth. Prior to his private sector roles,
Colbert worked in the White House, serving as the National Security
Council's director for defense policy and strategy for the
Middle East. Over a 20-year career
as an Army infantry officer and strategist, he was deployed
worldwide in support of military operations. He is a graduate of
the United States Military Academy and
holds a master's degree in organizational psychology and leadership
development from Columbia University's
Teachers College.
For more information on Altair's focus on aerospace and
healthcare and life sciences, visit https://altair.com/aerospace
and https://altair.com/healthcare.
About Altair
Altair is a global leader in computational intelligence that
provides software and cloud solutions in simulation,
high-performance computing (HPC), data analytics, and AI. Altair
enables organizations across all industries to compete more
effectively and drive smarter decisions in an increasingly
connected world – all while creating a greener, more sustainable
future. For more information,
visit https://www.altair.com/.
Media
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Altair
Corporate
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Altair Investor
Relations
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Bridget
Hagan
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Monica Gould, The
Blueshirt Group
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+1.216.769.2658
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+1
212.871.3927
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corp-newsroom@altair.com
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ir@altair.com
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Altair Europe/The
Middle East/Africa
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Charlotte
Hartmann
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+49 7031 6208
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emea-newsroom@altair.com
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SOURCE Altair