Autodesk Announces Executive Departure
Reaffirms Previously Issued Guidance
SAN RAFAEL, Calif. - Autodesk, Inc. (NASDAQ:ADSK) today announced that Ken Bado, executive vice president sales and services, will leave Autodesk to pursue other opportunities.
"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."
"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.
About Autodesk
Autodesk, Inc., is a leader in 3D design, engineering and entertainment software. Customers across the manufacturing, architecture, building, construction, and media and entertainment industries - including the last 15 Academy Award winners for Best Visual Effects - use Autodesk software to design, visualize, and simulate their ideas. Since its introduction of AutoCAD software in 1982, Autodesk continues to develop the broadest portfolio of state-of-the-art software for global markets. For additional information about Autodesk, visit www.autodesk.com.
Contacts
Autodesk, Inc.
David Gennarelli,
415-507-6033 (Investors)
david.gennarelli@autodesk.com
Greg Eden,
415-547-2135 (Press)
greg.eden@autodesk.com
