leadership
confidence high
sentiment neutral
materiality 0.65
PTC appoints Jennifer DiRico as CFO effective Jan 1, 2026, replacing Kristian Talvitie; reaffirms FY2026 guidance
PTC INC.
- Jennifer DiRico named EVP, CFO effective Jan 1, 2026; comes from Commvault and Toast finance roles.
- Kristian Talvitie to depart Dec 31, 2025; separation not due to any disagreement with PTC.
- DiRico receives base salary $575K, target bonus $575K, signing bonus $255K (clawback if terminated for cause or resigns before Jan 5, 2028).
- Equity awards: RSUs totaling $8M (replace lost equity), performance RSUs $2.75M, vesting over 2-3 years.
- PTC affirmed FY2026 and Q1 FY2026 guidance originally issued Nov 5, 2025.