Female directors make up 33 percent of Ansys board
PITTSBURGH, March 4, 2020 – Ansys (NASDAQ: ANSS) has been recognized by 2020 Women on Boards, the premier global education and advocacy campaign committed to increasing the number of women on corporate boards, as a Winning "W" Company for having 20% or more board seats held by women. This is the first year Ansys has been recognized by 2020 Women on Boards for board diversity.
2020 Women on Boards is a non-profit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20% or greater by 2020. Nearly one fourth of public companies in the U.S. have no female directors on their boards. Ansys' nine-member board includes three women.
"We are honored to receive the 2020 Women on Boards award. Diversity and inclusion are part of the core business values that have enabled us to build a winning culture," said Ron Hovsepian, chairman of the board at Ansys. "Embracing diversity at all levels of the organization provides us a broader perspective of business issues, challenges and solutions. We benefit from having three talented women on our board to provide their valuable perspectives and experiences."
"The business world is transforming board governance, and it's critical to recognize leading companies, including Ansys, that create a competitive advantage by having business-savvy women on their boards," said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards. "Even with the positive national momentum, U.S. companies are still a long way from gender balance in the boardroom but Ansys is paving the way."
If you've ever seen a rocket launch, flown on an airplane, driven a car, used a computer, touched a mobile device, crossed a bridge or put on wearable technology, chances are you've used a product where Ansys software played a critical role in its creation. Ansys is the global leader in engineering simulation. Through our strategy of Pervasive Engineering Simulation, we help the world's most innovative companies deliver radically better products to their customers. By offering the best and broadest portfolio of engineering simulation software, we help them solve the most complex design challenges and create products limited only by imagination. Founded in 1970, Ansys is headquartered south of Pittsburgh, Pennsylvania, U.S.A., Visit www.ansys.com for more information.
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2020 Women on Boards (2020WOB), a 501(c)3 nonprofit, is the only global education and advocacy campaign driving the movement toward gender balance on corporate boards of directors. Founded in 2010, the campaign established its initial goal that by 2020 at least 20% of all public company board seats in the U.S. would be held by women. The target was met a year early, achieving 20.4% in 2019, and the campaign will launch a new brand and campaign mission in January 2021. Its annual research will continue to track, analyze and publish the statistics of women on the boards of Russell 3000 companies in its Gender Diversity Index report and accessible within their Gender Diversity Directory online at www.2020WOB.com. The campaign is also expanding globally to as many as 40 cities within the U.S. and abroad. Educate. Collaborate. Advocate. Celebrate!
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