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Altair Engineering Inc. (ALTR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
47.30+0.05 (+0.11%)
At close: 01:00PM EST

Altair Engineering Inc.

1820 East Big Beaver Road
Troy, MI 48083
United States
248 614 2400

Full Time Employees3,050

Key Executives

NameTitlePayExercisedYear Born
Mr. James R. ScapaFounder, Chairman & CEO1.8MN/A1957
Mr. Matthew Charles BrownChief Financial Officer652.78kN/A1981
Ms. Gilma SaraviaChief People Officer465.8kN/A1975
Dr. Uwe Schramm Ph.D.Exec. Officer460.24k1.18M1958
Ms. Stephanie BucknerChief Operating OfficerN/AN/A1988
Mr. Brian GayleChief Accounting OfficerN/AN/A1977
Mr. Srikanth MahalingamChief Technology OfficerN/AN/A1971
Mr. David L. SimonSr. VP of Investor RelationsN/AN/A1964
Mr. Raoul MaitraChief Legal OfficerN/AN/A1971
Ms. Amy MessanoChief Marketing OfficerN/AN/A1971
Amounts are as of December 31, 2021 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.


Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates in two segments, Software and Client Engineering Services. The Software segment includes 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 offers software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in 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 light tubes with LED lamps. 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's customers include 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 October 1, 2022 is 10. The pillar scores are Audit: 5; Board: 9; 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.