
Parametric Technology Corp. said shareholders last week reelected directors Paul A. Lacy, Michael E. Porter and Robert P. Schechter to the company’s board, while also endorsing a slate of compensation- and auditing-related measures.
The Needham-based maker of product development software (Nasdaq: PMTC) said the trio of directors is scheduled to serve until the company’s 2013 annual meeting.
Lacy previously held various senior-level executive positions at Kronos Inc., a Chelmsford-based developer of employee time-management technologies for businesses.
Porter, a renowned Harvard University professor who specializes in business strategy and organizational issues, has been a PTC director since 1995.
Schechter was appointed to the PTC (Nasdaq: PMTC) board last year. He is the retired CEO of NMS Communications Corp., a developer of communications software and appliances.
Among the other issues approved at the company’s March 3 shareholders meeting were two compensation-related measures as well as the hiring of PricewaterhouseCoopers LLP as PTC’s registered public accounting firm for fiscal 2010.
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