PTC Appoints Trac Pham to Board of Directors

BOSTON – March 13, 2025 – PTC (NASDAQ: PTC) today announced that it has appointed Trac Pham to its Board of Directors, effective March 17, 2025.

Pham is the former Chief Financial Officer of Synopsys, a recognized leader in electronic design automation and semiconductor development. During his tenure as CFO, Pham led Synopsys through two significant transformations that helped scale the company from $2.0B to $5.1B in revenue while expanding operating margins. He is currently on the Board of Directors of UKG and SiFive, serving as Chair of the Audit Committee for both Boards.

“Trac has an excellent record of financial and operational management, and we’re pleased to welcome him to PTC’s Board of Directors,” said Neil Barua, President and CEO of PTC. “Trac’s leadership, industry experience, and success at driving growth and value creation make him a valuable addition to our Board. We look forward to his contributions as we continue our efforts to grow our business and support our customers.”

“I’ve long admired PTC and the impact the company has on how its customers design, manufacture, and service the products we all rely on,” said Pham. “I look forward to working with Neil, his leadership team, and my fellow Board members as we continue to execute PTC’s strategy and create long-term value for shareholders.”

Prior to serving as CFO of Synopsys, Pham led corporate finance, financial planning, and strategy at Synopsys and held leadership roles in corporate planning, strategy, and business development at Juniper Networks.

Pham will serve on the PTC Board’s Audit Committee.

About PTC

PTC (NASDAQ: PTC) is a global software company that enables industrial and manufacturing companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

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