Exa names new chief financial officer

Exa Corp. (NASDAQ: EXA) said it has appointed Richard F. Gilbody as chief financial officer.

Exa anticipates Gilbody will assume his position with the company on June 1, 2014. In this role, Gilbody will report to the president and chief executive officer, Stephen Remondi, and be part of Exa´s executive team.

Gilbody holds both a bachelor of science and a masters in business administration from Boston College.

Exa Corp. develops, sells and supports simulation software and services to enhance product performance, reduce product development costs and improve the efficiency of design and engineering processes. Its website is at www.exa.com.

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