Aspen Technology Names Frederic G. Hammond Senior Vice... -
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Published on: 6/29/2005
Last Visited: 6/29/2005
CAMBRIDGE, Mass.--(BUSINESS WIRE)--June 29, 2005-- Aspen Technology, Inc. (Nasdaq: AZPN - News), the leading provider of software solutions and services to the process industries, today announced that Frederic G. "Fritz" Hammond has joined the company's executive team as Senior Vice President and General Counsel, with global responsibility for corporate governance and legal transactions.Hammond is replacing Stephen Doyle, AspenTech's current General Counsel and Chief Legal Officer, who is leaving the company to pursue other career opportunities in the technology sector.
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Hammond brings to AspenTech nearly two decades of experience in public company general counsel and global operational and transactional experience for companies in various stages of growth.He was most recently a partner in the Boston office of the law firm Hinckley, Allen & Snyder LLP, where he handled SEC disclosure and other public company issues.His responsibilities also included providing Sarbanes-Oxley advice, handling mergers and acquisitions and corporate finance transactions, and developing intellectual property strategies.Prior to his association with the firm, he was Vice President of Business Affairs and General Counsel at Gomez Advisors, Inc., an Internet performance measurement and benchmarking technology service firm, with responsibilities for corporate finance, mergers and acquisitions, corporate and creditor restructurings and commercial contracts negotiations.
Hammond previously served as General Counsel of Avid Technology, a publicly-held international leader in digital video and audio editing, special effects and production systems.His responsibilities at Avid included initial and secondary public offerings, SEC reporting and disclosure, mergers and acquisitions, and strategic distribution, licensing and investment transactions.Before joining Avid, he was a member of the corporate and business law, intellectual property law and international law groups at the law firm of Ropes & Gray in Boston.Hammond is a graduate of Boston College Law School, cum laude, and Yale College.
"Fritz Hammond's strong combination of corporate governance and legal transaction skills will be instrumental in ensuring that AspenTech responsibly delivers on shareholder expectations and complies fully with the laws governing the conduct of public companies," said Mark Fusco, President and CEO, AspenTech.