Autodesk Directors Dawson and Halvorson to Not Stand for Reelection
April 07 2016 - 4:30PM
Business Wire
Autodesk, Inc. (NASDAQ: ADSK) today announced that two
long-standing directors, J. Hallam Dawson and Per-Kristian
Halvorsen, have decided they will not stand for reelection to the
Autodesk Board of Directors at the company’s 2016 Annual Meeting of
Shareholders, scheduled for June 15, 2016.
“Hal and Kris have been exceptional board members, and they have
provided excellent service to the company and our shareholders,”
said Carl Bass, Autodesk president and chief executive officer.
“Hal has been a calm, thoughtful and powerful presence on our
board, and I’m personally appreciative of his leadership and
mentorship. Kris has been instrumental in guiding our technology
strategy, most importantly as we’ve transitioned our products to
the cloud. On behalf of everybody at Autodesk, I want to thank Hal
and Kris for their many years of service.”
Hal Dawson joined the Autodesk Board of Directors in 1988 as
Autodesk’s first independent director. He commented, “I have had
the pleasure of working with many wonderful people at Autodesk,
starting with John Walker, Dan Drake and Greg Lutz, part of a
remarkable group of founders, and later with Carol Bartz who grew
the company significantly. Most recently, Carl has brought Autodesk
to a very exciting place with his leadership and strategic vision.
Despite everything the company has accomplished, I believe its best
days are in the future.”
Per-Kristian Halvorsen is SVP and Chief Innovation Officer at
Intuit, and has served on the Autodesk Board of Directors since
2000. He said, “It has been exciting to see Autodesk through a
period of change, as the company transformed from a PC-only,
perpetual-licensed software company, to a subscription-based
business with the most comprehensive set of cloud-based design
software in the industry. Under the leadership of Carl Bass and his
management team I believe the company is well positioned for future
success.”
About Autodesk
Autodesk helps people imagine, design and create a better world.
Everyone—from design professionals, engineers and architects to
digital artists, students and hobbyists—uses Autodesk software
to unlock their creativity and solve important challenges. For more
information visit autodesk.com or follow @autodesk.
Autodesk is a registered trademark of Autodesk, Inc., and/or its
subsidiaries and/or affiliates in the USA and/or other countries.
All other brand names, product names or trademarks belong to their
respective holders. Autodesk reserves the right to alter product
and services offerings, and specifications and pricing at any time
without notice, and is not responsible for typographical or
graphical errors that may appear in this document.
© 2016 Autodesk, Inc. All rights reserved.
This press release contains forward-looking statements that
involve risks and uncertainties, including statements regarding
future success. There are a significant number of factors that
could cause actual results to differ materially from statements
made in this press release, including: failure to successfully
manage transitions to new business models and markets, including
the transition from a perpetual to subscription-based business, and
our continuing efforts to attract customers to our cloud-based
offerings; the impact of management and organizational changes; the
implementation and results of any strategic plans as well as our
ongoing strategic and cost initiatives; market or industry
conditions; our ability to compete with new or existing
competitors; our long-term financial goals; the impact of our
restructuring; our strategies, market and products positions, and
performance; failure to maintain our revenue growth and
profitability; difficulty in predicting revenue from new businesses
and the potential impact on our financial results from changes in
our business models; general market, political, economic and
business conditions; the impact of non-cash charges on our
financial results; fluctuation in foreign currency exchange rates;
the success of our foreign currency hedging program; failure to
maintain cost reductions or otherwise control our expenses; our
performance in particular geographies; difficulties encountered in
integrating new or acquired businesses and technologies; the
inability to identify and realize the anticipated benefits of
acquisitions; the financial and business condition of our reseller
and distribution channels; dependence on and the timing of large
transactions; the Company’s ability to successfully complete and
integrate acquisitions of businesses; the risk of loss of, or
decreases in production orders from, customers of acquired
businesses; financial and regulatory risks associated with the
international nature of the Company’s businesses; failure of the
Company’s products to achieve technological feasibility or
profitability; failure to successfully commercialize the Company’s
products; and changes in demand for the products of the Company’s
customers.
Further information on potential factors that could affect the
financial results of Autodesk are included in Autodesk's Annual
Report on Form 10-K for the year ended January 31, 2016, which is
on file with the U.S. Securities and Exchange Commission. Autodesk
disclaims any obligation to update the forward-looking statements
provided to reflect events that occur or circumstances that exist
after the date on which they were made.
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version on businesswire.com: http://www.businesswire.com/news/home/20160407006422/en/
Autodesk, Inc.Noah Cole, 415-580-3535noah.cole@autodesk.com
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