Corporate Update

PTC Appoints Kathleen Mitford to Lead Global Strategy Organization

 

  • 1/16/2020

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BOSTON – January 16, 2020 – PTC (NASDAQ: PTC) today announced that Kathleen Mitford has been appointed to be the company’s chief strategy officer. In this role, Kathleen will oversee key functions including PTC’s strategy, mergers and acquisitions (M&A), strategic alliances, corporate marketing, and academic groups.

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“Kathleen possesses outstanding vision, clarity of thought, and a talent for getting things done,” said Jim Heppelmann, president and CEO, PTC. “Her decade-plus years of experience at PTC, many successes across the company, and valuable contributions made as a member of our executive leadership team make her the ideal person to lead PTC’s strategy. I look forward to continuing our close collaboration.”

Kathleen takes the helm of PTC’s strategy organization after her successful tenure as executive vice president, products, during which time PTC and its innovative technologies were consistently recognized with leadership positions in such areas as the industrial internet of things, computer-aided design, and product lifecycle management. As EVP, products, Kathleen led an international team comprised of several thousand software developers, with major R&D hubs in the United States, Israel, and India.

“PTC has made great strides and has enjoyed significant market success, and I look forward to helping us pursue even higher levels of growth,” said Kathleen. “During the early days of my career at PTC, I helped create our strategy organization and now look forward to leading our next phase of development.”

Kathleen received numerous awards in her previous role, most recently being recognized with the 2019 Massachusetts Technology Leadership Council's Tech Excellence Leadership Award. In addition to serving on the board of the Massachusetts High Technology Council, Kathleen participates in a variety of panels, lending her knowledge and expertise to future innovators. She is also a passionate champion of inclusion and diversity as well as causes dedicated to accelerating women in technology.

Kathleen’s appointment follows the retirement of former chief strategy officer, Barry Cohen, Ph.D.

About PTC (NASDAQ: PTC)

PTC unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation.

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