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Aspen Technology Appoints Karen Golz to its Board of Directors

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Aspen Technology (NASDAQ:AZPN) has appointed Karen Golz to its Board of Directors. Golz, a retired partner from Ernst & Young, brings 40 years of experience in accounting and audit, including her role as Global Vice Chair for Japan. Her expertise in international regulatory matters is expected to support AspenTech's growth and innovation strategies. CEO Antonio Pietri highlighted Golz's credibility and trust as vital assets for the company’s future. Golz is also involved with Analog Devices and Osteon Holdings and holds a degree in Accountancy from the University of Illinois.

Positive
  • Appointment of Karen Golz enhances board credibility and expertise.
  • Golz's extensive experience in accounting and regulation may foster innovation and growth.
  • CEO's positive remarks indicate confidence in Golz's contribution to AspenTech's future.
Negative
  • None.

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

Golz is a retired partner of Ernst & Young (EY), a public accounting firm, where she held various senior leadership positions during her 40-year tenure at the firm, including most recently, Global Vice Chair, Japan (2016-2017). In addition to accounting, financial reporting and audit expertise, Golz brings considerable experience in international and regulatory matters. As Global Vice Chair of Professional Practice (2010-2016), Golz oversaw accounting, auditing, regulatory, tools and methodologies and supported innovation within EY’s Global Assurance practice. Prior to that, Golz held the Americas and Global Vice-Chair of Professional Ethics/Independence.

“I am delighted to welcome Karen Golz to our Board of Directors,” commented Antonio Pietri, President and CEO of Aspen Technology. “Karen brings a wealth of experience, credibility and trust to our Board and will help to guide AspenTech through the next period of innovation, growth and transformation.”

“Aspen Technology has an exciting vision for the future and innovative technology to help its customers achieve their goals for operational excellence and sustainability. I look forward to joining the impressive team at AspenTech and supporting its ambitions for long-term value creation,” said Karen Golz.

Karen Golz is a board and audit committee member of Analog Devices, Inc. and Osteon Holdings/Exactech, a private company. She is senior advisor to The Boston Consulting Group’s Audit and Risk Committee. She is a National Association of Corporate Directors (NACD) Board Leadership Fellow and she sits on the Board of Trustees of the University of Illinois Foundation. She earned her Bachelor of Science degree in Accountancy, summa cum laude, from the University of Illinois, Urbana-Champaign and is a certified public accountant.

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 the new board member at Aspen Technology?

Karen Golz has been appointed to the Board of Directors of Aspen Technology.

What experience does Karen Golz bring to Aspen Technology?

Karen Golz has 40 years of experience in accounting and audit, previously serving as Global Vice Chair at Ernst & Young.

What impact will Karen Golz's appointment have on Aspen Technology?

Golz's expertise in regulatory matters may help guide AspenTech through its next phase of growth and innovation.

What is Karen Golz's educational background?

Karen Golz earned a Bachelor of Science degree in Accountancy, summa cum laude, from the University of Illinois.

Aspen Technology Inc

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