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Aspen Technology Appoints Jill D. Smith to its Board of Directors

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Aspen Technology (NASDAQ:AZPN) has appointed Jill D. Smith to its Board of Directors. With over 20 years of international business leadership, Smith previously served as President and COO of Allied Minds plc and held executive roles at DigitalGlobe Inc., eDial, and SRDS. Smith’s experience spans several sectors, adding diverse insights to AspenTech. CEO Antonio Pietri expressed confidence that she will guide the company through its next phase of growth and innovation. Smith holds a M.Sc. in Management from MIT Sloan and serves on multiple boards in the technology sector.

Positive
  • Appointment of Jill D. Smith brings over 20 years of international business leadership experience.
  • Smith's diverse industry insights are expected to enhance the Board's strategic direction.
  • Her prior roles in technology and business sectors align well with AspenTech's growth objectives.
Negative
  • Potential concerns regarding continuity and experience gaps in the leadership team.

Aspen Technology, Inc. (NASDAQ:AZPN), a global leader in asset optimization software, has appointed Jill D. Smith to its Board of Directors.

Ms. Smith brings more than 20 years of significant international business leadership, most recently serving as President and Chief Operating Officer and director of Allied Minds plc, an intellectual property commercialization company for technology and life sciences. Previously, she served as Chairman, Chief Executive Officer, and President of DigitalGlobe Inc., a global provider of satellite imagery products and services.

Ms. Smith has served as President and Chief Executive Officer of eDial, a VoIP collaboration company, and President and Chief Executive Officer of SRDS, a business-to-business publishing firm. Ms. Smith began her career as a Consultant at Bain & Company, where she rose to Partner, before taking leadership roles with Sara Lee in France, and becoming Executive Vice President and President and Chief Operating Officer of Micron Electronics, a direct to consumer PC manufacturing firm.

“I am delighted to welcome Jill Smith to our Board of Directors,” commented Antonio Pietri, President and CEO of Aspen Technology. “Jill brings a wealth of international experience and diverse industry insights and will help to guide AspenTech through the next period of innovation, growth and transformation.”

“I look forward to joining the experienced and ambitious team at AspenTech and supporting the drive for growth and long-term value creation,” said Ms. Smith. “AspenTech has an exciting vision for the future of industry and is committed to making it a reality over the next decade.”

Ms. Smith holds a M.Sc. in Management from MIT Sloan School of Management and currently serves on the Board of Directors for R1 RCM, a technology-led revenue cycle management company, Circor International, a flow control, engineered products producer, and MDA, a space technology developer and manufacturer, as well as several other privately held technology companies.

About Aspen Technology
Aspen Technology (AspenTech) is a global leader in asset optimization software. Its solutions address complex, industrial environments where it is critical to optimize the asset design, operation and maintenance lifecycle. AspenTech uniquely combines decades of process modelling expertise with artificial intelligence. Its purpose-built software platform automates knowledge work and builds sustainable competitive advantage by delivering high returns over the entire asset lifecycle. As a result, companies in capital-intensive industries can maximize uptime and push the limits of performance, running their assets safer, greener, longer and faster. Visit AspenTech.com to find out more.

© 2021 Aspen Technology, Inc. AspenTech and the Aspen leaf logo are trademarks of Aspen Technology, Inc.

FAQ

Who is Jill D. Smith in relation to Aspen Technology?

Jill D. Smith has been appointed to the Board of Directors of Aspen Technology.

What experience does Jill D. Smith bring to Aspen Technology?

She has over 20 years of significant international business leadership experience, including roles at Allied Minds plc and DigitalGlobe Inc.

What impact could Jill D. Smith's appointment have on Aspen Technology?

Her diverse industry insights and experience may help guide AspenTech through growth and innovation.

What is the stock symbol of Aspen Technology?

The stock symbol for Aspen Technology is AZPN.

Aspen Technology Inc

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