BOSTON, MA, Dec 8, 2025 – PTC has appointed Jennifer DiRico as executive vice president and chief financial officer (CFO), effective Jan. 1, 2026. She will report to president and CEO Neil Barua and lead the company’s global finance organization. DiRico will succeed Kristian Talvitie, who will serve as CFO through Dec. 31, 2025.
DiRico is a finance and business operations leader with experience in enterprise software and technology companies. She currently serves as chief financial officer at Commvault. Before Commvault, she held finance and operations leadership roles at Toast. She helped prepare the company for its IPO and managed its international business and global expansion. Earlier in her career, DiRico held finance roles at Nuance Communications and Passkey International.
“Jen has a proven track record of leading high-performing teams through periods of transformation and growth,” said Barua. “This track record, together with her leadership at the intersection of finance and operations, will be invaluable to PTC as we advance our Intelligent Product Lifecycle vision. I look forward to partnering with Jen as we build on our momentum to address our customers’ most pressing challenges and drive compelling, sustainable value for PTC’s shareholders.”
“PTC has a leading portfolio of product lifecycle software solutions and plays a critical role in its customers’ digital transformations, from the world’s largest, most complex organizations to the fast-growing startups redefining industries,” said DiRico. “I’m excited to partner with Neil and the global team and help PTC capture its growth opportunity while maintaining strong financial discipline to deliver meaningful results.”
Barua continued, “I want to express our sincerest gratitude to Kristian for his contributions to PTC, most notably his role in our transition to a subscription business model and the diligence he has brought to PTC’s free cash flow performance over the last several years. We wish him the best moving forward.”
Source: PTC
About PTC
PTC Inc., founded in 1985 and based in Boston, develops software for digital transformation across industries. Its offerings include product lifecycle management, computer-aided design, the industrial internet of things, and augmented reality. These tools support product design, manufacturing and service operations. PTC serves sectors such as aerospace, automotive, electronics and industrial equipment. Its software is used by more than 30,000 customers globally, including 95% of Fortune 500 discrete manufacturers. With approximately 7,500 employees worldwide, the company continues to grow through a subscription-based model, focusing on enabling digital product innovation.