BEDFORD, Mass.--(BUSINESS WIRE)--Sep. 28, 2015--
Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software
and services to the process industries, today announced that Karl
Johnsen, currently AspenTech’s Vice President and Corporate Controller,
has been promoted to Senior Vice President and Chief Financial Officer,
effective October 1, 2015. Johnsen will succeed Mark Sullivan, who
previously announced he will retire from AspenTech at the end of
September.
Johnsen has more than 20 years of financial, accounting and consulting
experience within the technology industry. He joined AspenTech in 2013
as Corporate Controller. Prior to joining AspenTech, he served in senior
finance positions at a number of public and private technology
companies, including Avid Technology, FusionStorm, Glasshouse
Technologies, Art Technology Group and NaviSite. Earlier in his career
Mr. Johnsen served as a transaction support consultant at PwC and a
senior auditor for Arthur Andersen. He holds a Bachelor of Science in
Accountancy from Bentley University and a Master of Business
Administration from Babson College.
Antonio Pietri, President and Chief Executive Officer said, “We are
excited to announce Karl’s well-deserved promotion to CFO. Karl has been
an integral part of our finance group since joining AspenTech and we
believe his breadth and depth of experience make him the ideal candidate
to lead the group going forward. AspenTech is a global leader in process
optimization and we believe Karl’s leadership will help us achieve our
business objectives.”
“It has been a pleasure working with Mark Sullivan over the last two
years, and I look forward to succeeding him in leading our world-class
finance organization,” said Johnsen. “I am committed to build on
AspenTech’s best-in-class financial profile to ensure we continue to
deliver shareholder value over the long term.”
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.
© 2015 Aspen Technology, Inc. AspenTech, aspenONE and the Aspen leaf
logo are registered trademarks of Aspen Technology, Inc. All rights
reserved. All other trademarks are property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150928005125/en/
Source: Aspen Technology, Inc.
Media Contact
AspenTech
David Grip, +1-781-221-5273
david.grip@aspentech.com
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Investor
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ICR
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brian.denyeau@icrinc.com