AspenTech Appoints R. Halsey Wise to Board of Directors
July 21 2016 - 4:05PM
Business Wire
Seasoned Technology Leader Brings Strategic
Leadership, Global Enterprise Software Experience and Financial
Expertise to AspenTech
Aspen 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.
Supporting Quotes
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 leadership position.”
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.”
Supporting Resources
- AspenTech Board of Directors
About AspenTechAspenTech 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160721006330/en/
AspenTechDavid Grip, +1 781-221-5273david.grip@aspentech.com
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