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MSC.Software Elects Sam Auriemma CFO - Quick Facts

MSC.Software Corp. (MSCS) on Thursday announced the election of Sam Auriemma as the company's Executive Vice President and Chief Financial Officer. The company's former Chief Financial Officer, John Laskey, would retire from the position he has held since October 2004. Auriemma would begin his tenure at MSC on April 16, 2007.

Most recently, Auriemma was Executive Vice President and Chief Financial Officer of FileNet Corporation. Prior to FileNet, Auriemma was Executive Vice President and Chief Financial Officer for Wonderware Corporation.

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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