CIMdata PLM Industry Summary Online Archive
14 February 2005
Company News
William J. Weyand to Succeed Frank Perna as Chairman and CEO of MSC.Software Corporation
MSC.Software Corp . announced that its Board of Directors has appointed William J. Weyand, an experienced software industry executive, as its new Chief Executive Officer and Chairman of the Board of Directors. He succeeds Frank Perna who will be retiring as CEO and Chairman.
Mr. Weyand, who currently serves as a director of MSC.Software, has spent over 35 years in the technology industry in various sales, marketing, and CEO positions with companies providing software, systems and services on a global basis. Most notably, from 1997 to 2001, Mr. Weyand served as Chairman and Chief Executive Officer of Structural Dynamics Research Corporation (SDRC). Mr. Weyand led the evolution of that business from a technical CAD/CAE software provider to the leader in Enterprise Product Lifecycle Management (EPLM) solutions. Mr. Weyand left SDRC upon the completion of its sale to EDS for almost $1 billion in 2001.
In 2003, Mr. Weyand served as Vice Chairman and CEO of Pavilion Technology, a venture funded ten-year-old worldwide software company and a leader in Advanced Process Control Solutions.
Frank Perna and the Board of Directors had entered into discussions regarding succession planning and potential retirement in 2003. With the completion of the previously announced independent review by the Company's Audit Committee, Frank has decided to retire.
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