PITTSBURGH -- Ansys has named director Ajei S. Gopal CEO-in-waiting, succeeding longtime head James Cashman.

Cashman will become chairman of the board of directors. The moves are effective Jan. 1, 2017.

The software firm also named Gopal president and COO. He has been a board member since 2011. His experience includes top stints at Symantec, Hewlett-Packard and IBM. He also cofounded ReefEdge Networks.

In a statement, chairman Ronald W. Hovsepian said, "We are grateful to [Cashman] for his remarkable leadership. He led Ansys' transformation from a $50 million revenue company into the global market leader for simulation technology with nearly $1 billion in revenue, creating significant value for stockholders."

Register now for PCB West, the Silicon Valley's largest trade show for the printed circuit industry, taking place Sept. 13-15 in Santa Clara: pcbwest.com

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