Simulations Plus Names Industry Veteran Will Frederick as Chief Financial Officer

Division: PBPK

Simulations Plus, Inc. (Nasdaq: SLP), announced today the appointment of Will Frederick as chief financial officer (CFO), succeeding John Kneisel, who retires after seven years with the company.

Will Frederick brings more than 25 years of financial leadership experience to the company. He has a proven track record of developing and implementing strategies to drive revenue growth, increase profitability, managing merger & acquisition activities and achieving corporate objectives. He has global experience with both publicly traded and privately held companies including Pharsight, Entelos, Avaya, The Walt Disney Company and Ford Motor Company, amongst others.

Shawn O’Connor, chief executive officer of Simulations Plus, said: “I am pleased to welcome Will onto the executive team at Simulations Plus. Will’s background is well-suited to our current needs. He is experienced in financial leadership at large sized global companies. He has extensive previous involvement in mergers and acquisitions. His background includes experience as a public company CFO and he has prior experience in our industry as CFO at Pharsight and Entelos during the periods of time I was CEO. These skills and experience will support Simulations Plus well as we continue down a path of rapid revenue growth, international expansion and execution of our merger and acquisition strategy.”

Shawn O’Connor added: “I want to thank John Kneisel for his many contributions to the success of Simulations Plus over his seven-year tenure as CFO of the company. During his tenure, the Company delivered consistent revenue and profitability growth, successfully completed three acquisitions and achieved significant shareholder value appreciation. I wish John the best in his well-earned retirement.”