AspenTech Appoints R. Halsey Wise to Board of Directors
Seasoned Technology Leader Brings Strategic Leadership, Global Enterprise Software Experience and Financial Expertise to AspenTech
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 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
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.
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