Simulation and data analytics software vendor Altair has hired Matthew Brown from cybersecurity business NortonLifeLock as senior vice president and new chief financial officer.
Brown starts with Altair on 1 January 2021 — and will replace Howard Morof as chief financial officer when the latter steps down in March.
James R Scapa, founder and chief executive officer of Altair, said Brown is an accountant with years of experience in financial roles, including other tech firms Symantec, Blue Coat Systems, Netgear and Brocade.
“I expect that he will be a valued advisor to me and an important part of our development,” Scapa said.
Scapa said that Morof is leaving the company for personal reasons after eight years at Altair.
“Morof has been instrumental in developing our strong relationship with the investment community, founded on a solid reputation for integrity and credibility,” he said.
Nasdaq-listed Altair is a provider of smart software and cloud solutions for data analytics, simulation, and high-performance computing (HPC).
Customers include an AWS subsidiary, fabless chip start-up Annapurna Labs, which develops machine learning chips ad processors.
“Altair’s license-first approach to scheduling enabled Annapurna Labs to enhance its resource management.
“It not only gave us more control over resource usage and cost, we dramatically improved productivity and time-to-product through the Continuous-Integration development flow,” according to Nafea Bshara, an engineer at Annapurna Labs.
(Photo by Dallas Reedy on Unsplash)