AZPN - Aspen Technology, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Aspen Technology, Inc.

20 Crosby Drive
Bedford, MA 01730
United States
781-221-6400
http://www.aspentech.com

SectorTechnology
IndustrySoftware - Application
Full Time Employees1,466

Key Executives

NameTitlePayExercisedYear Born
Mr. Antonio J. PietriPres, CEO & Director1.31M1.69M1966
Mr. Karl E. JohnsenSr. VP & CFO695.75k601.76k1968
Mr. Frederic G. HammondSr. VP, Gen. Counsel & Sec.627.25k781.24k1960
Mr. Gary M. WeissChief Operating OfficerN/AN/A1967
Mr. Willie K. ChanChief Technology OfficerN/AN/AN/A
Amounts are as of December 31, 2018 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

Aspen Technology, Inc., together with its subsidiaries, operates as an asset optimization software company in the United States, Europe, and internationally. The company operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and maintenance lifecycle in various industrial environments. The company's software suites include aspenONE Engineering, aspenONE Manufacturing and Supply Chain, and aspenONE Asset Performance that are integrated applications, which allow end users to design process manufacturing environments, monitor operational performances, respond and adapt to operational changes, predict asset reliability and equipment failure, and manage planning and scheduling activities, as well as collaborate across these functions and activities. It also provides software maintenance and support, professional, and training services. The company's customers comprise companies that are engaged in the process and other capital-intensive industries, such as energy, chemicals, engineering, and construction, as well as pharmaceuticals, transportation, power, metals and mining, pulp and paper, and consumer packaged goods. Aspen Technology, Inc. was founded in 1981 and is headquartered in Bedford, Massachusetts.

Corporate Governance

Aspen Technology, Inc.’s ISS Governance QualityScore as of November 1, 2018 is 5. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 8; Compensation: 6.

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.