Autodesk Welcomes New Directors to Strengthen Leadership Team

Autodesk Appoints New Independent Directors

Autodesk, Inc. (NASDAQ: ADSK) is excited to announce the immediate addition of two distinguished independent directors to its Board of Directors: John Cahill and Ram Krishnan. Their valuable experiences will greatly contribute to Autodesk's long-term vision and strategic execution.

Introduction of Directors

John Cahill, the former Chairman and CEO of Kraft Foods, and Ram Krishnan, current Executive Vice President and COO of Emerson, will fill pivotal roles on the Board of Autodesk. The inclusion of these leading figures follows a thorough search process instigated by the Corporate Governance and Nominating Committee, ensuring that the company is well-equipped to navigate into its future.

John Cahill's Impressive Background

Stacy J. Smith, Chairman of Autodesk's Board, expressed enthusiasm for the new appointments. Cahill’s extensive leadership background vis-à-vis Kraft Foods and significant roles in the Pepsi Bottling Group exemplifies his robust financial and operational insight, which is crucial for overseeing Autodesk’s growth trajectory. His successful leadership in merging Kraft and Heinz into a dominant food conglomerate signifies the expertise he brings to Autodesk.

Ram Krishnan's Technological Expertise

Ram Krishnan's insight, cultivated from years in technological transformation at Emerson, is regarded as a considerable asset in steering Autodesk towards innovative solutions and customer-centric strategies. His contributions to Emerson’s acquisitions demonstrate a mastery of driving value through strategic growth.

Goals for the Future

Andrew Anagnost, Autodesk’s President and CEO, highlighted that the joining of Cahill and Krishnan will amplify Autodesk's ability to drive sustainable growth and maximize shareholder value. Their guidance is invaluable as the company fortifies its position in rapidly evolving technological markets.

Commitment to Strong Governance

The introduction of Cahill and Krishnan adheres to Autodesk's commitment to established corporate governance practices, further enriching the Board’s multi-faceted expertise. This aligns with Autodesk’s strategy to enhance shareholder value through a diversified and independent Board structure.

End of an Era for Lorrie Norrington

As Cahill and Krishnan step into their new roles, the Board also acknowledges the departure of Lorrie Norrington, who has chosen not to stand for re-election at the upcoming Annual General Meeting. Her contributions during her tenure have significantly impacted Autodesk’s strategic direction and corporate governance.

Autodesk's Pioneering Approach

Autodesk's renowned reputation in design and make technology empowers clients across various industries, from architectural innovations to engineering marvels. The company’s Design and Make Platform leverages data to transform processes, positioning Autodesk at the forefront of industry standards and practices.

About Autodesk

Autodesk remains dedicated to providing its users with progressive solutions that enhance productivity and creativity. The company’s platform equips diverse professionals ranging from architects to game designers with the tools necessary to realize innovative concepts. For more information on Autodesk’s offerings, interested parties can visit their official website or engage with their updates on social media.

Frequently Asked Questions

1. Who are the new independent directors at Autodesk?

The new independent directors are John Cahill and Ram Krishnan, both with extensive experience in leadership and technology.

2. What experience does John Cahill bring to the Autodesk Board?

John Cahill has a proven track record as former Chairman and CEO of Kraft Foods, overseeing significant mergers and financial success.

3. How will Ram Krishnan contribute to Autodesk?

Ram Krishnan adds deep industry insight and expertise in operational management and technological advancements from his role at Emerson.

4. What changes are expected for Autodesk's Board of Directors?

The Board will undergo changes including a reduction in size, implementing enhanced corporate governance while integrating new leadership.

5. What does Autodesk’s Design and Make Platform offer?

This platform empowers users in various sectors by optimizing design processes and improving productivity through innovative data utilization.

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