UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously reported in a Current Report filed by Altair Engineering Inc. (the “Company” or “Altair”) on December 8, 2020, the Company appointed Matthew Brown as Senior Vice President-Finance, effective January 1, 2021. At the close of business on March 16, 2021, Mr. Brown succeeded Howard Morof as Altair’s Chief Financial Officer (“CFO”) completing our previously announced CFO transition.
On March 17, 2021, the Company announced that Brian Gayle, age 45, has been designated to succeed Mr. Morof as Altair’s principal accounting officer (“PAO”) . Mr. Gayle, has served as our Senior Vice President, Chief Accounting Officer since September 2018. From March 2015 to September 2018, Mr. Gayle served as our Vice President-Corporate Controller. Prior to these roles, Mr. Gayle began his career at Deloitte & Touche, LLP. Mr. Gayle is a certified public accountant and holds a Bachelor’s degree of Accountancy from the Walsh College.
Upon commencement of his appointment as PAO, the Company entered into an indemnification agreement with Mr. Gayle comparable to the indemnification agreement offered to Altair’s other executive officers, a copy of which was previously filed as Exhibit 10.1 to the Company’s Annual Report on Form 10-K filed with the SEC on March 2, 2020.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ALTAIR ENGINEERING INC. | ||||||
| Date: March 17, 2021 | By: | /s/ Raoul Maitra | ||||
| Raoul Maitra | ||||||
| Chief Legal Officer | ||||||
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