Dassault Systèmes Announces Executive Committee Evolutions

Dassault Systèmes announced Executive Committee appointments and changes.

Philippe Forestier, Executive Vice President, Global Affairs & Communities and a founding member of Dassault Systèmes when it was created in 1981 will retire.  Monica Menghini, Executive Vice President, Chief Strategy Officer, is resigning for family reasons. Both departures are effective as of February 28, 2018. Thibault de Tersant, currently Senior Executive Vice President and CFO, will take the position of General Secretary (Secrétaire Général) and Pascal Daloz, currently Executive Vice President, Brands and Corporate Development, has been named Chief Financial Officer & Corporate Strategy Officer, with the changes effective February 5^th following the release of 2017 fourth quarter and full year financial results scheduled for February 1, 2018. Florence Verzelen has joined as Executive Vice President, Industry Solutions, Marketing, Global Affairs and Communication, effective January 15, 2018.

Bernard Charlès, Vice Chairman and CEO, Dassault Systèmes commented, “These changes in our Executive Committee will support the next phase of development of Dassault Systèmes as the 3DEXPERIENCE company.

“Pascal possesses a wide range of talents that are important ingredients for his new position as Chief Financial Officer and Corporate Strategy Officer, particularly at a company such as Dassault Systèmes. He has had a long involvement in our strategy definition and brings a deep understanding of our Brands and the value they represent, individually and together as part of our industry solution experiences. In combination, he is the right person to lead our holistic, growth-centric strategy at this current juncture.

“I am pleased to announce that Florence Verzelen has joined Dassault Systèmes as Executive Vice President, Industry Solutions, Marketing, Global Affairs and Communication effective January 15, 2018.  Florence will extensively exploit the Industry approach to increase value to clients and sharpen our strategy by further connecting Industry / Marketing / Workforce of the Future and public affairs.

“In Thibault’s new role, his knowledge, developed during thirty years of being our CFO, will be instrumental to shape the corporate structure of tomorrow, reflecting our evolution to a platform company to serve both People in Business and Business by People. In addition he will work on our business model strategy, Ethics & Compliance, and La Fondation Dassault Systèmes.

“Finally, I would like to recognize Philippe Forestier, Executive Vice President, Global Affairs & Communities, who is retiring, and Monica Menghini, Executive Vice President, Chief Strategy Officer, who is resigning for family reasons. As a founding member of Dassault Systèmes, Philippe has played a key role in the decisive moves that enabled the Company to transition from start-up to global leader. He has been a passionate ambassador of Dassault Systèmes and contributed to the Company’s influence in the industrial, corporate, scientific, educational and cultural spheres. Monica, working together with me, has guided the translation of Dassault Systèmes’ vision into a unique value proposition as the 3DEXPERIENCE company.”