Dassault announces changes in its Executive Committee

Dassault Systèmes has announced Executive Committee appointments and changes.

Philippe Forestier, Executive Vice-President, Global Affairs & Communities and a founding member of Dassault Systèmes, since 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 & 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, 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 & CEO, Dassault Systèmes, commented, “These changes in our Executive Committee will support the next phase of development of Dassault Systèmes as the 3DEXPERIENCE company.”

Thibault de Tersant in his new role as Senior Executive Vice-President, General Secretary (Secrétaire Général) will be involved in a wide range of strategic, legal, governance and business initiatives. He will continue as a Director of Dassault Systèmes and as a member of the Executive Committee. Thibault de Tersant has served as the Chief Financial Officer of Dassault Systèmes for thirty years, commencing in 1988. He has implemented a framework enabling the company to be long-term driven while delivering growth in revenues and earnings for 21 of its 22 years as a public company, accompanied by sector-leading profitability and cash flow generation leveraging a longstanding, highly recurrent financial model.

Pascal Daloz brings more than 17 years of experience in executive positions at Dassault Systèmes to his new position as Executive Vice-President, Chief Financial Officer and Corporate Strategy Officer. He has been Executive Vice-President, Brands and Corporate Development since 2014 and member of the Executive Committee. With the support of the CEOs of each of Dassault Systèmes’ brands, he has been responsible for overall brand strategy with the mission to build world-class brands by creating a unique portfolio of applications, inspiring users’ experiences and vibrant user communities. Daloz joined Dassault Systèmes in 2001 and was promoted to Vice-President, Strategy and Business Development in 2003. He became Executive Vice-President, Strategy & Marketing in 2007, and was named Executive Vice-President, Corporate Strategy and Market Development in 2010.

Florence Verzelen brings nearly two decades of international business and global affairs experience and leadership to her position as Executive Vice-President, Industry Solutions, Marketing, Global Affairs and Communication, and member of the Executive Committee. After beginning her career in project financing at the Société Générale Investment Bank in New York in 2002, she worked at the European Commission from 2004 to 2007, first in the Trade division and then in the Competition division.