Aspen Technology Names Hedwig Veith Whitney Senior Vice President, Human Resources.CAMBRIDGE, Mass. -- Whitney brings extensive track record of organizational management, employee development and leadership Aspen Technology Aspen Technology (NASDAQ: AZPN) provides software and professional services to the manufacturing and process industries which allows companies to model, manage, and control their operations. AspenTech was founded in 1981 by MIT professor Dr. , Inc. (Nasdaq: AZPN), the leading provider of software solutions and services to the process industries, today announced that Hedwig Veith Whitney has joined the company's executive team as Senior Vice President, Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . Whitney will be responsible for designing and implementing worldwide organizational management practices to help AspenTech deliver on its strategic and financial objectives. Whitney brings to AspenTech an extensive background in leading human resources initiatives in diverse and rapidly-changing organizations. Prior to joining AspenTech, Whitney was Senior Vice President of Human Resources at New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Business Service, Inc., a leading business-to-business enterprise with 4300 employees that serves over 3 million small business customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, the United Kingdom, and France. In this capacity, she developed and executed corporate human resources programs, led human resources integration through several acquisitions, and supported the company's Sarbanes-Oxley compliance programs. Prior to her association with New England Business Service, Whitney served as Senior Vice President of Human Resources at Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. in the division which is the largest provider of 401(k) retirement services in the United States. Before working with Fidelity, she held human resources leadership positions at Bank of Boston, BayBanks, the Commonwealth of Massachusetts, and the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. . "Hedy's broad background in designing organizational management practices to deliver strong business results is a perfect fit for AspenTech as we work toward our goal of improving our performance and creating a success-driven culture," said Mark Fusco Mark Fusco (born March 12, 1961 in Burlington, Massachusetts) is a retired ice hockey player. Fusco won the Hobey Baker Award in 1983. He would also be a member of the American 1984 Winter Olympics ice hockey team. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , AspenTech. "She has guided human resources initiatives across a wide range of industries, managed significant organizational change, and successfully executed plans that meet the demands of diverse teams with many different skills. Her experience will be critical to helping us implement human resources programs that support AspenTech's operational performance." "I am excited to join AspenTech as we seek to improve our operational execution and deliver integrated aspenONE(TM) solutions to the process industries," said Whitney. "The company has remarkable assets: deep domain expertise, industry-leading software solutions, a large and loyal customer base, and outstanding people around the world. I look forward to working with the entire AspenTech team to implement programs that align with our corporate goals, provide our employees with the support they need, and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. our strong asset base." Whitney is Board Chair for the Make a Wish Foundation of Massachusetts and a member of The Boston Club, and has previously served as Board Chairman of New England College of Finance. She holds a JD degree from Suffolk University Law School The law school currently has both day and evening (part-time) divisions. The school is located in the newly built Sargent Hall on Tremont Street in downtown Boston. There are over 200 upper level electives offered at the law school, and the school is consistently ranked one of the most and a BA degree from Hamilton College. About AspenTech Aspen Technology, Inc. provides industry-leading software and implementation services that enable process companies to use simulation models to increase efficiency and profitability. aspenONE, a new generation of software solutions from AspenTech, represents a major step forward in helping process manufacturers achieve their strategic operational excellence initiatives. aspenONE provides companies with integrated systems that enable them to manage and optimize their operational performance. Over 1,500 leading companies already rely on AspenTech's software, including Aventis, Bayer, BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , BP, ChevronTexaco, Dow Chemical, DuPont, ExxonMobil, Fluor, GlaxoSmithKline, Shell, and Total. For more information, visit www.aspentech.com. AspenTech, aspenONE, and the aspen leaf logo are trademarks of Aspen Technology, Inc., Cambridge, Mass. |
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