Hexagon announces leadership changes in its Manufacturing Intelligence division
Rhea-AI Summary
Hexagon AB (HEXA) has announced key leadership changes in its Manufacturing Intelligence division. Andreas Renulf will assume the role of President effective May 1, 2025, reporting to interim President and CEO Norbert Hanke. Renulf, who joined Hexagon in January 2024 as COO and Head of Machine Control for the Geosystems division, brings extensive experience from Trelleborg and ABB.
The current President, Josh Weiss, is departing to join another company and will facilitate the transition through May 2025. During his ten-year tenure at Hexagon, Weiss notably improved profitability and cash conversion in the Manufacturing Intelligence division. Renulf's appointment comes with expectations to drive growth and operational excellence, particularly in robotics and autonomy optimization for customer product lifecycles.
Positive
- New President brings strong track record in driving growth and profitability from previous roles at Trelleborg and ABB
- Smooth leadership transition planned with one-month handover period
- Previous division president achieved strong improvements in profitability and cash conversion
Negative
- Loss of experienced division president Josh Weiss to another company
Andreas has been with Hexagon since January 2024 in the role of Chief Operating Officer and Head of Machine Control for the Geosystems division. During this time, he has played a key role in enhancing operational efficiencies within Geosystems by driving a culture of continuous improvement and collaboration across teams. Prior to joining Hexagon, he spent six years at Trelleborg, where he was President of two business units, holding full profit & loss accountability and driving both organic and M&A growth while maintaining strong cost controls. Before this, Andreas held several leadership positions across diverse industries and companies, including thirteen years at ABB, where he held a number of roles, including Vice President for the Oil, Gas & Petrochemicals business unit in
"Andreas has a strong track record of driving growth, profitability and organisational excellence. I am pleased that he has agreed to join the Executive Management Team in this key leadership role. Manufacturing Intelligence has an exciting future ahead as we increasingly embrace robotics and autonomy to optimise our customers' product lifecycles," said Norbert Hanke, interim President and CEO, Hexagon AB.
Hanke added, "Josh has contributed a great deal during his ten years with Hexagon, in particular in his most recent role as President of the Manufacturing Intelligence division, where he has delivered strong improvements to profitability and cash conversion. I wish him all the best in his future endeavours."
For further information, please contact:
Tom Hull, Head of Investor Relations, Hexagon AB, +44 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, Hexagon AB, +46 8 601 26 26, ir@hexagon.com
Hexagon is the global leader in precision technologies at any scale. Our digital twins, robotics and AI solutions are transforming the industries that shape our reality.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,800 employees in 50 countries and net sales of approximately
This information was brought to you by Cision http://news.cision.com.
The following files are available for download:
Hexagon announces leadership changes in its Manufacturing Intelligence division |
View original content:https://www.prnewswire.com/news-releases/hexagon-announces-leadership-changes-in-its-manufacturing-intelligence-division-302419502.html
SOURCE Hexagon
FAQ
When will Andreas Renulf start as President of Hexagon's Manufacturing Intelligence division?
What is Andreas Renulf's current position at HEXA before this appointment?
What improvements did Josh Weiss achieve during his leadership of HEXA's Manufacturing Intelligence division?
What is the transition period for the leadership change at HEXA's Manufacturing Intelligence division?
