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Date: 11-11-20

PTC appoints Troy K Richardson as executive VP and COO

High-rel digital manufacturing focused software systems company PTC has named Troy K. Richardson as Executive Vice President and Chief Operating Officer.

Richardson had earlier worked in leading positions at Oracle, IBM, NCR, Novell, HP, and SAP. Before joining PTC, Richardson was SVP, Global Head of Sales at DXC Technologies.

In his new role Richardson to head PTC’s field operation streams including global sales, commercial marketing, customer service, and customer success.

“The recent global shift to remote work has proven the value of digital technology in industrial settings,and accentuated demand for PTC offerings,” said Jim Heppelmann, President and CEO, PTC.“Troy is an incredibly talented, high-impact, growth-oriented business leader who we expect will be an incredible asset as we seek to optimize our execution andfully capture the amazing growth opportunity we have. I really appreciate Troy’s keen instincts with customers and his strong customer-centric orientation,and I look forward to working closely with him in the coming years as we drive PTC into the future.”

“I couldn’t be more excited to join PTC at this important moment in the company’s history,” said Richardson. “PTC has an impressive roster of customers, a broad portfolio of innovative technologies, and a strong management team. PTC is on the cusp of a new chapter of its remarkable history and I look forward to helping define it.”

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