Halsey Wise to Step Down as #Intergraph CEO After Hexagon Acquisition
During the opening plenary session at Intergraph 2010, Intergraph’s user conference, Halsey Wise, CEO, announced that all of the approvals necessary from U.S. and European security exchanges had been received so that the acquisition by Hexagon could proceed subject to government approval. The transaction is expected to close on October 1.
Wise also announced that he and Reid French, CFO, would be stepping down and handing duties over to Hexagon CEO Ola Rollén. Wise also said that division presidents, John Graham of SG&I and Gerhard Salinger of Process, Power and Offshore,would remain with the company and report to Rollén.
