This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Barbara V. Scherer Named To ANSYS Board Of Directors

PITTSBURGH, March 20, 2013 (GLOBE NEWSWIRE) -- ANSYS, Inc. (Nasdaq:ANSS) today announced that Barbara V. Scherer has accepted an appointment to the ANSYS Board of Directors effective April 26, 2013, and that Jacqueline C. Morby, a 19-year veteran of the ANSYS Board, will retire at the end of her current term.

Ms. Scherer is the former SVP, Finance & Administration and Chief Financial Officer of Plantronics, Inc., a global leader in audio communication devices for businesses and consumers. In this position, she was responsible for all aspects of the company's financial management, as well as information technology, legal and investor relations. She retired from Plantronics in September 2012 after having served as CFO since joining in 1997. Prior to Plantronics, Ms. Scherer held various executive management positions spanning eleven years in the disk drive industry, was an associate with The Boston Consulting Group, and was a member of the corporate finance team at ARCO in Los Angeles.

"Barbara's talent, experience and perspective will be most valuable in helping guide the ANSYS strategic and operational focus," said Peter J. Smith, executive chairman of ANSYS.

"The ANSYS vision is compelling on so many fronts. Simulation-Driven Product Development not only makes product development more efficient and predictable, it simultaneously and inherently fosters innovation. From a CFO's perspective, I can really appreciate the multiple elements of value ANSYS delivers," said Scherer. "I'm thrilled to join the Board and be part of the future at ANSYS."

Ms. Scherer received bachelors degrees from the University of California at Santa Barbara and an M.B.A. from the School of Management at Yale University.

Ms. Morby, the longest standing member of the ANSYS Board, will retire in May 2013 at the end of her current term.

"On behalf of our stockholders, customers, employees and my fellow Board members, I express our gratitude to Jacqui for her dedication and service to ANSYS over the last 19+ years. Her wealth of knowledge, business acumen and insight have contributed substantially to our success," said Mr. Smith.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs