New CFO Appointment in the Software and Cloud Solutions Industry

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Morof to step down and Matthew Brown to be appointed Chief financial officer of Altair on March 16, 2021

Industrial Equipment & Supplies

Portrait picture of Matthew Brown, new CFO of Altair
Portrait picture of Matthew Brown, new CFO of Altair

Altair (Nasdaq: ALTR), a global technology company providing software and cloud solutions in the areas of simulation, data analytics, and high-performance computing (HPC), announced the appointment of Matthew Brown as senior vice president, effective January 1, 2021. He will become Altair’s chief financial officer (CFO), on March 16, 2021 and thereby replace Morof, who will be stepping down from the CFO role.

Welcome and thanks

 “We are extremely excited to add Matt to our team,” said James R. Scapa, founder and chief executive officer of Altair. “His experience in finance and accounting, as well as his commitment to business growth, position him to make significant contributions to our company.”

“I’m thrilled to be joining Altair at such an exciting point in the company’s history,” said Brown. “Innovation and envisioning the future are at the core of Altair’s culture. I look forward to continuing that legacy while working alongside some of the industry’s smartest people to drive profitable growth and deliver value to our customers, partners, stockholders, and employees.” 

“I also want to take this opportunity to thank Howard Morof for his significant contributions to Altair” said Scapa. “Howard has been instrumental in developing our strong relationship with the investment community, founded on a solid reputation for integrity and credibility. I wish Howard much success in the future.”

“It has been a great pleasure to serve as CFO of Altair,” said Morof. “I have the utmost confidence in the organization, and I am grateful for the opportunity to have worked with such a talented and dedicated team of people.”

New CFO, Matthew Brown’s professional background

Brown previously served in finance leadership roles at NortonLifeLock, including as interim CFO from November 2019 to July 2020. Prior to that he served in finance leadership roles at Symantec from August 2016 to November 2019, most recently as vice president of finance and chief accounting officer. In the past, Brown had occupied various finance roles at Blue Coat Systems, NETGEAR, and Brocade Communications, after making his first steps at KPMG, LLP. Brown is a certified public accountant and holds a Bachelor of Science degree in business administration from the Walter A. Haas School of Business at University of California, Berkeley.

Posted on January 12, 2021 - (297 views)
Altair Engineering GmbH
Calwer Str. 7
71034 Böblingen - Germany
+49-7031 6208 0
+49-7031 6208 99
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