PTC Inc. announced on October 15, 2025 that James A. Lico, former President and CEO of Fortive Corporation, has been appointed to its Board of Directors effective October 13, 2025.
Lico led Fortive’s transformation after its 2016 separation from Danaher, growing the company’s revenue to more than $6 billion and overseeing the spin‑off of its Precision Technologies segment into Ralliant.
He will serve on PTC’s Corporate Governance Committee, bringing decades of experience in leading global industrial technology businesses and overseeing corporate governance practices.
The appointment strengthens PTC’s board with a seasoned executive who has a proven track record in scaling industrial technology firms, potentially enhancing strategic oversight and governance for investors.
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