– FRANCE, Paris – ESI Group, Paris, France, (EPA: ESI) a global player in virtual prototyping software and services for the industry, today announced the appointment of Alex Davern within its Board of Directors as Independent Observer, effective on October 21, 2020, following the recommendations of its Nomination & Governance Committee.
“I am delighted to welcome Alex Davern to ESI Group Board as an independent Observer. Former CEO of National Instruments, Alex has an in-depth knowledge of both our industry context and of the management of a listed mid-sized global company. His experience as a member of the Board and chairman of the Audit Committee of various companies will be highly valuable to us. Furthermore, his dual citizenship represents a good asset for an international company like ESI Group.” said Founder and Board Chairman, Alain de Rouvray.
To allow Alex Davern to perform his mission of advisor, he will be invited to participate to the Board of Directors’ meetings and its committees, without voting rights. He will bring his expertise and vision to assist the Company in finding the right balance between long-term vision with short-term business needs and in creating value for customers, employees, partners, and shareholders.
About Alex Davern
Alex Davern served National Instruments (NATI: NASDAQ), a global leader in automated test and automated measurement systems for 26 years in different top management positions from CFO, COO to CEO. Alex Davern contributed to the company’s development until it reached approximately $1.4 billion in sales with 7,400 people spread in 50 countries today. Alex Davern assisted the founder of National Instruments for 20 years. Alex has recently stepped down from his role as CEO to focus on serving as a board member of National Instruments and other Nasdaq-listed companies. He is a former President of the American Electronics Association committee on Sarbanes-Oxley and a former member of the SEC’s Small Business Advisory Committee. Alex started his career as an auditor in Price Waterhouse Coopers.
He graduated from the University College Dublin with a degree in Commerce and a post-graduate Diploma in Professional Accounting.
About ESI Group
Founded in 1973, ESI Group is a leading innovator in Virtual Prototyping solutions and a global enabler of industrial transformation. Thanks to the company’s unique know-how in the physics of materials, it has developed and refined, over the last 45 years, advanced simulation capabilities. Having identified gaps in the traditional approach to Product Lifecycle Management, ESI has introduced a holistic methodology centered on industrial productivity and product performance throughout its entire lifecycle, i.e. Product Performance Lifecycle, from engineering to manufacturing and in operation. Present in more than 20 countries and major industrial sectors, ESI employs 1200 high-level specialists around the world and reported 2019 sales of €146 million. ESI is headquartered in France and is listed on compartment B of Euronext Paris.
For more information: https://www.esi-group.com/
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