BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 29, 2013--
The Board of Directors of Aspen Technology, Inc. (NASDAQ:AZPN) today
announced that Stephen M. Jennings has resigned from the company’s Board
of Directors. Mr. Jennings was originally elected to AspenTech’s Board
in 2000, and served as Chairman of the Board since 2005.
“I am grateful to Steve Jennings for his many years of dedicated service
to AspenTech,” said Mark E. Fusco, President and CEO and a member of the
AspenTech Board. “Steve’s steady hand and global business experience
have been significant factors in AspenTech’s progress over the past
several years. Our investors and employees have benefited greatly from
his many contributions and focus on AspenTech, and we wish him well in
his future endeavors.”
AspenTech also announced that the Board has elected Robert M. Whelan,
Jr., as Chairman. Mr. Whelan was originally elected to the Board of
AspenTech in 2011 and also serves on the Audit Committee.
“We are pleased that Bob Whelan has agreed to serve as Chairman and are
confident that his many years of experience and insight will serve
AspenTech well into the future,” said Fusco.
About AspenTech
AspenTech is a leading supplier of software that optimizes process
manufacturing – for energy, chemicals, engineering and construction, and
other industries that manufacture and produce products from a chemical
process. With integrated aspenONE solutions, process manufacturers can
implement best practices for optimizing their engineering, manufacturing
and supply chain operations. As a result, AspenTech customers are better
able to increase capacity, improve margins, reduce costs and become more
energy efficient. To see how the world’s leading process manufacturers
rely on AspenTech to achieve their operational excellence goals, visit www.aspentech.com.
© 2013 Aspen Technology, Inc. AspenTech, aspenONE and the Aspen leaf
logo are trademarks of Aspen Technology, Inc. All rights reserved. All
other trademarks are property of their respective owners.
Source: Aspen Technology, Inc.
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erik.mason@aspentech.com
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