This Day On The Street
Continue to site
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

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs