Seasoned Technology Leader Brings Strategic Leadership, Global
Enterprise Software Experience and Financial Expertise to AspenTech
BEDFORD, Mass.--(BUSINESS WIRE)--Jul. 21, 2016--
Technology, Inc. (NASDAQ: AZPN), a leading provider of software and
services to the process industries, announced that R. Halsey Wise has
been appointed to the company’s board of directors.
Wise brings nearly 30 years of leadership, technology and financial
experience to AspenTech’s board of directors. He is currently Chairman
and Chief Executive of Lime Barrel Advisors, LLC, a private investment
firm he founded in 2010.
Over the years Wise led several successful business transformation and
value creation efforts. Until 2016, he served as Chairman and Chief
Executive Officer of MedAssets Inc. (NASDAQ: MDAS), a leading healthcare
technology performance improvement company with over 3,400 employees
that served four out of five hospitals in the United States. MedAssets
was acquired by Pamplona Capital Management in 2016.
Wise was also Chairman, President and Chief Executive Officer of
Intergraph (NASDAQ:INGR), a leading global provider of engineering and
geospatial software with more than 4,500 employees in over 50 countries.
During his seven year tenure, Intergraph’s market cap more than doubled
and revenue grew 60%. Intergraph was acquired by Hexagon AB in 2010.
Prior to Intergraph, Wise was Chairman, Chief Executive Officer and
President, North America for Solution 6 Holding LTD; General Manager,
North America Global Services for CA Technologies, Inc. and President
and Chief Operating Officer of Computer Management Sciences Inc.
(NASDAQ: CMSX) which was acquired by CA Technologies, Inc. He also
served in investment banking specializing in software and services with
The Robinson-Humphrey Company (a division of Smith Barney).
Wise has served on boards of publicly held companies including
MedAssets, Inc., Acxiom Corp and Intergraph Corporation. He holds an MBA
from the J.L. Kellogg Graduate School of Management at Northwestern
University and a BA from the University of Virginia.
R. Halsey Wise
“AspenTech has been the driving force behind
the transformation of the process industries. I am very excited to join
the AspenTech Board of Directors as the company continues to expand its
Antonio Pietri, President & CEO, AspenTech
“We are very
pleased that Halsey Wise has agreed to join the Board of Directors of
AspenTech. Halsey’s track record of driving growth and process industry
knowledge will be an invaluable resource. I am looking forward to his
contributions as we execute on our asset optimization strategy.”
AspenTech is a leading supplier of software
that optimizes process manufacturing – for energy, chemicals,
pharmaceuticals, engineering and construction, and other industries that
manufacture and produce products from a chemical process. With
integrated aspenONE solutions, process manufacturers can implement best
practices for optimizing their engineering, manufacturing and supply
chain operations. As a result, AspenTech customers are better able to
increase capacity, improve margins, reduce costs and become more energy
efficient. To see how the world’s leading process manufacturers rely on
AspenTech to achieve their operational excellence goals, visit www.aspentech.com.
© 2016 Aspen Technology, Inc. AspenTech, aspenONE and the Aspen leaf
logo are trademarks of Aspen Technology, Inc. All rights reserved. All
other trademarks are property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160721006330/en/
Source: Aspen Technology, Inc.
David Grip, +1 781-221-5273