EXECUTIVE MOVEMENT NEWS

AVEVA gets 2 new non-executive directors on board

AVEVA

Dr. Yanbing Li, a digital engineering expert and Carl Bass, former CEO of Autodesk bring their respective expertise to AVEVA.

Two new non-executive directors join AVEVA to its board. The appointments come as the company further strengthens its focus on the transition to Software-as-a- Service (SaaS) and expands in key markets including the US and China.

Caspar Herzberg, CEO, AVEVA, said, “We are delighted that Yanbing Li and Carl Bass have joined AVEVA’s board. It is a critical point in our commercial and software evolution, and their expertise and insight will be vital to us as we plan our strategy. I look forward to working with them as we continue to pioneer software that enables industry to be at the forefront of digital innovation.”

AVEVA Chairperson Peter Herweck added, “The expansion of AVEVA’s board to include Yanbing Li and Carl Bass is an important step as we accelerate AVEVA’s SaaS strategy and drive deeper into high growth markets. Alongside our existing strong expertise and experience on the board, they bring expertise in engineering and design software, and seasoned experience of operating in global markets, particularly in Asia. I look forward to collaborating with them both to realize AVEVA’s next decade of growth.”

AVEVA’s strategic focus is on becoming the number one SaaS provider of industrial intelligence. The company is currently evolving into a subscription-led business model.

Dr. Yanbing Li is a global business and technology leader with extensive experience building market leading products and hyper-growth businesses of over US$1 billion. She brings expertise in cloud commerce and enterprise software, and the evolving digital SaaS marketplace. Whereas, Carl Bass is credited with expanding Autodesk beyond its core software offerings through acquisitions and new product developments, leading the transition from 2D to 3D model-based design. He is also co-founder of Flying Moose, Ithaca Software and buzzsaw.

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