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Altair Engineering Inc. (ALTR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
86.15-0.12 (-0.14%)
At close: 04:00PM EDT
86.15 0.00 (0.00%)
After hours: 04:51PM EDT

Altair Engineering Inc.

1820 East Big Beaver Road
Troy, MI 48083
United States
248 614 2400
https://www.altair.com

Sector(s)Technology
IndustrySoftware—Infrastructure
Full Time Employees3,400

Key Executives

NameTitlePayExercisedYear Born
Mr. James R. ScapaFounder, Chairman & CEO1.43M1.08M1957
Mr. Matthew Charles BrownChief Financial Officer688.32kN/A1981
Mr. Srikanth MahalingamChief Technology Officer477k95.16k1971
Ms. Gilma SaraviaChief People Officer453.57kN/A1975
Mr. Ravi KunjuChief Product & Strategy Officer249.5kN/A1969
Ms. Stephanie BucknerChief Operating OfficerN/AN/A1988
Mr. Brian GayleSenior VP, Principal Accounting Officer & Chief Accounting OfficerN/AN/A1976
Mr. David L. SimonSenior Vice President of Investor RelationsN/AN/A1964
Mr. Raoul MaitraChief Legal OfficerN/AN/A1971
Ms. Amy MessanoChief Marketing Officer376.74kN/A1971
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in automotive, marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services that focuses on the product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent tubes with LED lighting. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company serves universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.

Corporate Governance

Altair Engineering Inc.’s ISS Governance QualityScore as of March 1, 2024 is 10. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.