PTC Appoints Jon Stevenson as Executive Vice President, Chief Product Officer

Rhea-AI Summary

PTC (NASDAQ: PTC) has appointed Jon Stevenson as Executive Vice President and Chief Product Officer, responsible for the company's Digital Thread product portfolio strategy and development. Stevenson brings over 30 years of experience in product development and engineering leadership, with expertise in CAD, PLM, AI, and SaaS technologies.

Stevenson's background includes executive positions at Stratasys and GrabCAD, along with advisory roles at various tech companies. He previously served as a Vice President in PTC's R&D Group and as Executive Vice President of their CAD business. The former Chief Product Officer, Kevin Wrenn, will transition to a new leadership role focusing on customer engagement within PTC's vertical-focused model.

Positive

• Appointment of highly experienced executive with over 30 years in product development and engineering
• Strategic focus on key growth areas including SaaS, AI, PLM, and ALM integration
• Previous successful experience within PTC in R&D and CAD business leadership

Negative

• None.

BOSTON, Aug. 11, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has appointed Jon Stevenson as Executive Vice President, Chief Product Officer. Stevenson will be responsible for the strategy, development, and delivery of PTC's Digital Thread product portfolio.

Stevenson brings more than three decades of experience in product development, engineering leadership, and technology innovation across CAD, PLM, AI, and SaaS. He previously held executive roles at Stratasys and GrabCAD and has more recently served as a board member, advisor, and investor to a variety of product development, SaaS, and AI-focused companies, including AllSpice, SimScale, Duro, nToplogy, and Vention. He previously served as a Vice President in PTC's R&D Group and as the Executive Vice President of the company's CAD business.

"Jon is an accomplished leader in our industry, and we're thrilled to appoint him as Chief Product Officer," said Neil Barua, President and CEO, PTC. "Jon's technical and engineering expertise, proven leadership, and fresh perspective will help us accelerate priorities such as PLM and ALM integration, CAD, our transition to SaaS, and embedding AI across our product portfolio – all to help our customers achieve more."

"It's an incredible opportunity to serve as PTC's Chief Product Officer," said Stevenson. "We have the strongest product portfolio in industrial software and a great foundation for taking the next step in areas like SaaS and AI. I look forward to working with Neil and the leadership team as we continue helping our customers transform their businesses."

Kevin Wrenn, PTC's previous Chief Product Officer, is transitioning to a new leadership role within PTC's product organization, focused on driving deeper customer engagement within the vertical-focused model announced at the start of the fiscal year.

About PTC

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Media

Greg Payne
gpayne@ptc.com 

Investors

Matt Shimao
mshimao@ptc.com 

PTC and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries.

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SOURCE PTC Inc.

FAQ

Who is the new Chief Product Officer of PTC?

Jon Stevenson has been appointed as Executive Vice President and Chief Product Officer of PTC, bringing over 30 years of experience in product development and engineering leadership.

What will be Jon Stevenson's responsibilities at PTC?

Stevenson will be responsible for the strategy, development, and delivery of PTC's Digital Thread product portfolio, focusing on areas like PLM and ALM integration, CAD, SaaS transition, and AI integration across products.

What is Jon Stevenson's previous experience before joining PTC?

Stevenson held executive roles at Stratasys and GrabCAD, served as a board member and advisor to companies like AllSpice and SimScale, and previously worked at PTC as VP of R&D and Executive VP of the CAD business.

What happened to PTC's previous Chief Product Officer?

Kevin Wrenn, PTC's previous Chief Product Officer, is transitioning to a new leadership role within PTC's product organization, focusing on customer engagement within the vertical-focused model.

What are the key focus areas for PTC under the new Chief Product Officer?

The key focus areas include PLM and ALM integration, CAD development, transition to SaaS, and embedding AI across the product portfolio to enhance customer capabilities.