Carl Bass Steps Down as Autodesk’s CEO; New Agreement Struck With Sachem Head
On Feb. 7, Autodesk announced that Carl Bass would step down as president and CEO, effective Feb. 8. Bass, who has been in the role since 2006, has overseen considerable changes at the firm and can be credited for the company’s recent cloud and subscription transition. We believe his presence as a key investor figure will be missed, although he will continue to serve on the board of directors. We think Autodesk has the right bench in the interim to make the new CEO search a smooth one. To that e...Autodesk is a design software and services company. The company is engaged in 3D design, engineering and entertainment software and services. The company's product offerings include: AutoCAD, which is a customizable and extensible CAD application for design, drafting, detailing, and visualization; AutoCAD Civil 3D, which provides surveying, design, analysis, and documentation solution for civil engineering; CAM Solutions, which is a computer-aided manufacturing software that provides solutions for computer numeric control machining, inspection, and modeling for manufacturing; and Inventor, which provides tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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