December 07, 2007
SANTA ANA, Calif., Dec. 3 -- MSC.Software Corp., a leading global provider of simulation software and services, today announced that Robert A. Schriesheim has joined the company's board of directors.
Mr. Schriesheim is currently executive vice president, chief financial officer and a director at Lawson Software, the third largest publicly traded provider of enterprise resource planning software solutions worldwide. Formerly, he was a general partner for ARCH Development Partners, a seed stage venture capital fund focused on information technology and services as well as life sciences. Prior to ARCH, he was executive vice president, corporate development and chief financial officer for Global Telesystems, a $1 billion publicly-traded company based in London. He also served as president and chief executive officer of SBC Equity Partners, a bank-affiliated private equity firm.
Mr. Schriesheim sits on the boards of publicly traded Lawson Software, Skyworks Solutions, Alyst Acquisition Corporation and, until its recent sale to ATT, was a director of Dobson Communications. He holds an undergraduate degree from Princeton University and an MBA from the University of Chicago Graduate School of Business.
"Rob's extensive technology background and track record with software companies will help contribute to improving MSC.Software's performance and shareholder value, said Bill Weyand, chief executive officer, MSC.Software. "We are extremely pleased to have him on our board of directors."
"Rob Schriesheim will be a tremendous asset to MSC.Software's board of directors," said William F. Grun chairman of governance and nominating committee, MSC.Software. "He is a corporate strategist who has an exceptionally strong background as a C-Level operating and finance executive with a global background in the technology sector. He has been an active director for several highly successful public companies with a track record of maximizing shareholder value in transformational situations as an operating executive, investor and director through a combination of operational, financial and strategic initiatives."
About MSC.Software Corporation
MSC.Software (NASDAQ: MSCS) is a global leader of enterprise simulation solutions that help companies make money, save time and reduce costs associated with designing and testing manufactured products. MSC.Software works with thousands of companies in hundreds of industries to develop better products faster by utilizing information technology, software, services and systems. MSC.Software employs more than 1100 people in 23 countries. For additional information about MSC.Software's products and services, visit www.mscsoftware.com.
Source: MSC.Software Corp.
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