Dassault Systèmes announced executive committee appointments and changes. Philippe Forestier, Executive Vice President, Global Affairs & Communities and a founding member of Dassault Systèmes when 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 and 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 5th 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.

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. Mr. de Tersant has served as the Chief Financial Officer of Dassault Systèmes for thirty years, commencing in 1988.

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. Mr. 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. Florence Verzelen is currently an independent director on the Board of Directors of Air France.

She was nominated Young Global Leader of the World Economic Forum in 2013.