James E. Heppelmann
2012 compensation: $6.9 million
2011 compensation: $12.2 million
Needham-based PTC provides software to some 27,000 clients worldwidem including many of the world’s best-known brands—companies like Whirlpool Corp., Harley-Davidson, Hyundai Motor Co., and Caterpillar Inc.
Last year, PTC’s revenues jumped 20 percent to $1.2 billion, and its market value grew 25 percent to $3.3 billion, making it fifth on the Globe 100 this year, and the top technology company on the list.
Last May, PTC bought MKS Inc., a Canadian software maker that creates programs to help companies manage the manufacturing of smart products, for $300 million.
But there have been some speed bumps.
In April, when PTC reported lower than expected earnings for its second quarter of 2012, due to a European deal that didn’t close, Wall Street reacted negatively. The company’s share price fell 21 percent, the largest drop since April 2000.