Gamma Technologies Appoints Mariya Akmal Chief Financial Officer

WESTMONT, Ill.--(BUSINESS WIRE)--Gamma Technologies (GT), a global leader and innovator in multi-physics systems simulation software, today announced the appointment of Mariya Akmal as Chief Financial Officer. She will succeed Janet Babiarz, who is retiring after being with the company for 19 years.

Akmal is an experienced finance executive with significant operational, financial planning and capital markets knowledge. She most recently served as Chief Financial Officer of Xenon Arc; a private equity backed distributor of industrial goods. During her tenure as CFO, Xenon Arc’s revenue grew at 15%+ annually combined with strong EBITDA growth.

“We’re thrilled to welcome Mariya to the GT team as our new CFO and look forward to her leadership in shaping GT’s global journey of impactful innovation,” said Dimple Shah, GT’s President and Chief Executive Officer. “Mariya brings with her deep experience in financial leadership and a track record of achievement in driving growth through astute strategic planning at both public and private companies of varying scale. I am confident that she and our talented finance organization will play a pivotal role in helping GT make giant strides towards delivering our vision of engineering a sustainable future with advanced systems simulation solutions.”

“We thank Janet for her immense contributions to GT for nearly two decades,” Shah added. “She has been an integral part of GT’s journey and has shaped our success in immeasurable ways. We wish her the best in her retirement.”

About Maryia Akmal

Mariya has led finance functions at private equity backed and public companies. Prior to that, she was a leader in the corporate finance and strategy practice at the Boston Consulting Group where she led client work with a wide variety of software, auto and non-auto companies, helping them solve tough challenges and realize growth in an increasingly competitive and dynamic environment.

Mariya holds an undergraduate degree in accounting and an MBA from University of Chicago.

About Gamma Technologies | www.gtisoft.com

GT develops and licenses GT-SUITE, a leading multi-physics CAE simulation software. GT-SUITE includes a complete library of physics-based modeling templates covering fluid flow, thermal systems, mechanics, electrics, magnetics, chemistry, and controls. It supports the entire development cycle from concept to validation. GT-SUITE applications include a wide variety of engineering systems such as conventional and hybrid vehicles, powertrains, engines, motors, compressors, catalysts, acoustics, cooling, thermal management, HVAC, hydraulics, lubrication, multi-body mechanics and much more.

GT-AutoLion is the leading electro-chemical-thermal battery simulation software with multi-scale capabilities for 1D and 3D analysis and design. GT-FEMAG extends GT’s electrification portfolio with advanced multi-physics solutions for electric machines. GT also develops GT-PowerForge, a novel solution for power electronics design. The integration of GT-AutoLion, GT-FEMAG, and GT-PowerForge into GT-SUITE delivers unified and state of the art system simulation capabilities for electrified vehicles. Additional information is available at www.gtisoft.com