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PTC Announces CFO Transition
Prnewswireยท 2025-12-04 21:30
Core Insights - Jennifer DiRico has been appointed as the new Chief Financial Officer of PTC, effective January 1, 2026, succeeding Kristian Talvitie [1][2][3] - DiRico brings extensive experience from her previous roles, including CFO at Commvault and leadership positions at Toast, where she contributed to the company's IPO and global expansion [2][4] - PTC's President and CEO Neil Barua expressed confidence in DiRico's ability to lead the finance organization and support the company's growth strategy [3] Company Overview - PTC is a global software company focused on enabling manufacturers and product companies to digitally transform their design, manufacturing, and service processes [7] - The company is headquartered in Boston, Massachusetts, employs over 7,000 people, and serves more than 30,000 customers worldwide [7] Leadership Transition - DiRico's appointment follows a thorough executive search process, and she will report directly to the CEO [1][3] - Kristian Talvitie will continue to serve as CFO until the end of 2025, during which he will assist in the transition [1][3] Strategic Vision - DiRico aims to help PTC capture growth opportunities while maintaining strong financial discipline [3] - The company is focused on advancing its Intelligent Product Lifecycle vision, which is critical for addressing customer challenges and driving shareholder value [3]