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Wednesday, December 15, 2010

Autodesk Announces Executive Departure

http://news.autodesk.com/news/autodesk/20101214007026/en/Autodesk-Announces-Executive-Departure

SAN RAFAEL, Calif.--(BUSINESS WIRE)--Autodesk, Inc. (NASDAQ:ADSK) today announced that Ken Bado, executive vice president sales and services, will leave Autodesk to pursue other opportunities.

“I want to acknowledge and thank Ken for the significant contributions he has made to Autodesk’s success during his eight years with the company”

“I want to acknowledge and thank Ken for the significant contributions he has made to Autodesk’s success during his eight years with the company,” said Carl Bass, Autodesk president and CEO. “Over this period, Ken has installed a strong and effective senior leadership team, strengthened relationships with our customers and channel partners, and provided critical support for our sales initiatives.”

The company expects that Mr. Bado will transition his responsibilities through January 31, 2011. A search for his replacement has been initiated.

In addition, Autodesk reaffirmed its previously issued guidance for fourth quarter and full year of fiscal 2011 ending January 31, 2011, and the full year of fiscal 2012, as disclosed on November 18, 2010 as part of the company’s third fiscal quarter earnings announcement and conference call.


Autodesk Announces Executive Departure

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