SAN RAFAEL, Calif.--(BUSINESS WIRE)--Apr. 7, 2016--
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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Source: Autodesk, Inc.
Autodesk, Inc.
Noah Cole, 415-580-3535
noah.cole@autodesk.com