Altair expands leadership in defense and healthcare sectors

TROY, Mich. – Altair (NASDAQ:ALTR), known for its computational intelligence technology, has announced the appointment of two new leaders to enhance its expertise in key industry segments. Caroline Phares joins as vice president for healthcare and life sciences (HLS), and Chip Colbert takes on the role of senior director for Federal and Department of Defense (DoD) within the aerospace and defense vertical.

Phares brings over 20 years of experience from her previous tenure at Domino Data Lab and GSK, where she led significant biostatistics programs. Her role at Altair will focus on elevating the company’s presence in the HLS sector. She holds a bachelor’s degree in comprehensive science, physics, and mathematics from Villanova University.

Colbert, with decades of national security, military, and business leadership experience, will aim to expand Altair’s Federal and DoD customer portfolio. His background includes vice president roles at Virtualitics, Inc. and Rebellion Defense, as well as serving on the National Security Council at the White House. Colbert is a United States Military Academy graduate and has a master’s degree in organizational psychology and leadership development from Columbia University’s Teachers College.

James R. Scapa, Altair’s co-founder and CEO, expressed confidence that the appointments of Phares and Colbert will strengthen the company’s market share in HLS and aerospace and defense, sectors where Altair has established a strong track record.

Altair’s suite of software and cloud solutions in simulation, high-performance computing, data analytics, and AI are designed to help organizations across various industries compete more effectively. The company emphasizes a commitment to creating a greener and more sustainable future.

The information in ths article is based on a press release statement from Altair.

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