Wilsonville, OR, March 4, 2015— Mentor Graphics, Inc. (Nasdaq: MENT) today announced that Ford Motor Company’s former Chief Technology Officer, also the British Official Order Medal (OBE) honourer Paul Mascarenas, was appointed As a member of the company's board of directors, this appointment will take effect on March 4, 2015.
“We welcome Paul Mascarenas to the Mentor Board of Directors and expect Mr. Mascarenas to benefit from the automotive industry's expertise and knowledge. The automotive industry represents a significant target market and business growth opportunity for Mentor Graphics. Chairman and CEO Walden C. Rhines said.
Paul Mascarenas is currently the President and Chairman of the Executive Board of the International Federation of Automotive Engineers (FISITA). FISITA is a consortium of global national automotive associations. He is currently a Special Investment Partner (SVP) at FonTInalis Partners. This is an investment company that specializes in the next generation of automotive automation technology and focuses on specific industry sectors. In addition, he currently serves on the board of directors of ON Semiconductor.
Prior to retiring in October 2014, Mr. Mascarenas worked for Ford Motor Company for 32 years, most recently as CTO and Vice President of Research and Advanced Engineering. He is responsible for innovation activities, including the development and implementation of key technologies for all Ford and Lincoln brand vehicles. Previous positions at Ford also included Vice President of Global Engineering, Vice President of Automotive Systems, Executive Director of Product Development for Large and Medium-sized Vehicles in North America, and Chief Project Engineer for Ford Mondeo Europe.
Mr. Mascarenas holds a bachelor's degree in mechanical engineering from King's College, University of London, UK. He is also a Chartered Engineer and a member of the Society of Mechanical Engineers and a member of the International Society of Automotive Engineers. In June 2013, he received an honorary doctorate from Chongqing University, China. In 2015, he was awarded the OBE of the British Empire by Queen Elizabeth II for his outstanding contribution to the automotive industry.
Photo: Mr. Paul Mascarenas.
About Mentor Graphics
Mentor Graphics is a global leader in electronic hardware and software design solutions (EDA), providing quality products, consulting services and support to the world's most successful communications, semiconductor, computer, consumer, automotive and defense industries. Accelerate the research and development of customers' electronic and mechanical products, improve product quality and increase cost-effectiveness. Engineers can take advantage of the company's new products and solutions to meet the challenges of increasingly complex board and chip design. Mentor Graphics has the industry's broadest portfolio of top-of-the-line products, offering complete SOC/IC/FPGA/PCB/SI design tools and services, and is the only EDA company with embedded software solutions. The company was founded in 1981 and currently has more than 70 branches located around the world.
Company headquarters address: 8005 SW Boeckman Road, Wilsonville, Oregon 97070-7777.
• Listed company (Nasdaq code: MENT)
• Established in 1981 and headquartered in Wilsonville, Oregon
• More than 70 branches or offices worldwide
• Has established branches in Shanghai, Beijing and Shenzhen, China
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