Altair Expands Defense and Healthcare and Life Sciences Segment Leadership

Core Insights - Altair has appointed Chip Colbert as senior director for Federal and Department of Defense and Caroline Phares as vice president for healthcare and life sciences to enhance its industry expertise [2][3] - The appointments are part of Altair's strategy to focus on high-growth industry segments and expand market share in areas where it has strong technology and a successful track record [3] Company Overview - Altair is a global leader in computational intelligence, providing software and cloud solutions in simulation, high-performance computing, data analytics, and AI [6] - The company aims to help organizations compete effectively and make smarter decisions while promoting sustainability [6] Leadership Background - Caroline Phares brings over 20 years of experience, previously serving as the global head of health and life sciences at Domino Data Lab and as product director at GSK, where she modernized biostatistics programs [3][4] - Chip Colbert has extensive experience in national security and business, having held leadership roles at Virtualitics, Inc. and Rebellion Defense, and previously worked in the White House on defense policy [4]