NACKA STRAND, Sweden — (BUSINESS WIRE) — December 2, 2013 — Regulatory News:
In line with Hexagon’s (STO: HEXAB) multi-industry focus and continued effort to truly leverage its entire portfolio, existing platforms, and global footprint to create the next generation of value for Hexagon customers, the following changes are effective immediately:
- Hexagon Solutions – This newly created group is a natural, next step to driving Hexagon’s solution-centric strategy forward and better exploiting the synergistic opportunities that exist across its businesses. Headed by Claudio Simão, President South America, the group is responsible for guiding the direction and expansion of Hexagon’s Smart Solutions portfolio. Plans include operational launch as of 1 January 2014, and financial reporting beginning Q1 2014 under Hexagon’s Technology Division.
- Intergraph – Steven Cost, Intergraph CFO, replaces John Graham as President, Intergraph SG&I following Graham’s resignation to pursue a new role outside of Hexagon. Intergraph’s two divisions (SG&I and PP&M) continue as part of Hexagon’s Technology Division.
- Hexagon Geospatial – Intergraph’s geospatial technology portfolio remains under the leadership of Mladen Stojic but has been split out from Intergraph SG&I. Now part of Hexagon Geospatial, with Stojic as President, the newly created group also plans to be operational as of 1 January 2014 with financial reporting beginning Q1 2014 under Hexagon’s Technology Division.
- Group Management – Steven Cost (newly appointed President, Intergraph SG&I) and Mattias Stenberg, newly appointed Chief Strategy Officer for Hexagon (formerly Vice President, Strategy and Communications) join the Hexagon Group Management team consisting of Ola Rollén (President and CEO), Robert Belkic (CFO), Bo Pettersson (CTO), Johnny Andersson (General Counsel), Juergen Dold (President, Hexagon Geosystems), Norbert Hanke (President, Hexagon Metrology), Li Hongquan (Vice President, Hexagon China) and Gerhard Sallinger (President, Intergraph PP&M).
“We continue to move from a product-centric organization toward a solution-centric provider of business-oriented applications,” said Hexagon President and CEO Ola Rollén. “Today, and in the future, our success will be defined by how well we leverage our technology, leadership and expertise to create new and continued value for our customers and shareholders.”
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design, measurement and visualisation technologies. Our customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world. Hexagon’s solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has more than 14,000 employees in over 40 countries and net sales of about 2,400 MEUR. Our products are used in a broad range of industries including surveying, power and energy, aerospace and defence, construction, safety and security, automotive and manufacturing. Learn more at www.hexagon.com.
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