UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 27, 2007
Autodesk, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 000-14338 | 94-2819853 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
111 McInnis Parkway
San Rafael, California 94903
(Address of principal executive offices, including zip code)
(415) 507-5000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Election of Directors
On September 27, 2007, the Board of Directors (the “Board”) of Autodesk, Inc. (the “Company”) appointed Charles J. Robel and Steven M. West to the Board.
The Board appointed Mr. Robel as a member of the Audit Committee. The Board has not yet appointed Mr. West to any committees.
Messrs. Robel and West will participate in the non-employee director compensation arrangements described in the Company’s 2007 annual proxy statement filed with the SEC on June 12, 2007. Under the terms of those arrangements, each will receive, among other things, annual compensation of $75,000 and an initial option to purchase 50,000 shares of the Company’s common stock at an exercise price per share equal to the fair market value on the date of grant, which vests over a three-year period. In addition, it is expected that each new director will execute the Company’s standard form of indemnification agreement.
On October 1, 2007, the Company issued a press release about the new directors. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| Exhibit No. | Description | |
| 99.1 | Press release, dated as of October 1, 2007, entitled “Autodesk Announces Appointment of Charles J. Robel and Steven M. West to Board of Directors.” |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AUTODESK, INC. | ||
| By: | /s/ PASCAL W. DI FRONZO | |
| Pascal W. Di Fronzo | ||
| Senior Vice President, General Counsel and Secretary | ||
Date: October 1, 2007
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press release, dated as of October 1, 2007, entitled “Autodesk Announces Appointment of Charles J. Robel and Steven M. West to Board of Directors.” |
Exhibit 99.1
Contact: Caroline Kawashima, 415-547-2498
Email: caroline.kawashima@autodesk.com
Contact: Sue Pirri, 415-507-6467
Email: sue.pirri@autodesk.com
Autodesk Announces Appointment of Charles J. Robel and Steven M. West to Board of Directors
SAN RAFAEL, Calif., Oct. 1, 2007— Autodesk, Inc. (NASDAQ: ADSK), the world’s leading provider of 2D and 3D design software for the manufacturing, building and construction and media and entertainment markets, today announced that Charles J. Robel and Steven M. West have been appointed to Autodesk’s board of directors.
“We are pleased to welcome Chuck Robel and Steven West to our board of directors,” said Carol Bartz, executive chairman of the board of Autodesk. “The extensive experience that both Chuck and Steven bring in the technology sector will complement our already strong board as we continue to expand as a leader in the design software industry. We look forward to their contributions to our board and their commitment toward maintaining our high standards and delivering shareholder value.”
Robel joins Autodesk’s board after a notable career of more than 30 years in finance and investment services. From 2000 to 2005, he served as general partner at Hummer Winblad Venture Partners, a leading software industry venture capital firm. Prior to Hummer Winblad, Robel spent the majority of his career at PricewaterhouseCoopers, acting as partner in charge of the Silicon Valley Software Services Group and later managing the Technology and Acquisitions Group until his retirement in 2000. In addition to his appointment to Autodesk’s board of directors, Robel currently serves as chairman of the board at McAfee, and serves on the boards of Adaptec, Inc., Informatica Corporation and DemandTec, Inc. Robel holds a B.S. in Accounting from Arizona State University.
West is a 30-year veteran of the information technology marketplace and the founder and partner in Emerging Company Partners LLC, a technology consulting firm. West has been a CEO or held executive leadership positions in both large and early stage information technology companies located in North America, Asia and Europe. His leadership positions have included president and CEO of Hitachi Data Systems where he was responsible for more than $2B USD in revenue, group executive/president Infotainment Business for Electronic Data Systems, and chief operating officer of nCUBE Video Technologies.
Currently, West serves on the board of directors for Cisco Systems, a position he has held since 1996. Previous board experience includes technology companies such as LogLogic and the Florida A&M School of Engineering. He is a graduate of Siena Heights College with a B.S. in Electronic Engineering and a graduate of the University of Michigan Global Leadership Program.
About Autodesk
Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.
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Autodesk is a registered trademark of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders.
© Copyright 2007 Autodesk, Inc. All rights reserved.