On January 4, 2021, Altair Engineering Inc. announced that Brett Chouinard, currently Chief Operating Officer and President, will transition to the role of serving as one of Chief Technology Officers by the end of June, 2021. Over the next six months, certain of his current responsibilities will be allocated among several of executives. Mr. Chouinard will continue to report to Chief Executive Officer, James R. Scapa. Presently, company do not have plans to name a new Chief Operating Officer. A new President, which may be Mr. Scapa, will be named by the end of June 2021.