Tuesday, December 3, 2013

Hexagon Announces Changes in Tech Division, New Appointments

www.hexagon.com
STOCKHOLM, Sweden, Dec 3 - Hexagon AB, announces in line with its multi-industry focus and continued effort to leverage its entire portfolio, existing platforms, and global footprint to create the next generation of value for Hexagon customers, the following changes which 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."

About Hexagon

Founded in 1992, Hexagon is a leading global provider of integrated design, measurement and visualization technologies. It has close to 14 000 employees in more than 40 countries and net sales of about 2400 MEUR. Hexagon's class B share is quoted on NASDAQ OMX Stockholm's Large Cap list (HEXA B). For more information, visit www.hexagon.com.

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