Analyst Comment
Hexagon: New CEO has background in heavy industry solutions
By Pauli Lohi
On Monday morning, Hexagon announced a new President and CEO for the company. Anders Svensson will take office no later than July 20, 2025. Svensson will replace Norbert Hanke, who is currently serving as interim President and CEO.
Svensson joins Hexagon from Konecranes, a global leader in material handling solutions. During Svensson's two-year tenure, Konecranes successfully developed and implemented a new strategy that resulted in a stock return of over 100%. Svensson also has a long history at Sandvik, where the use of data collected by mining equipment has naturally played a major role, which could also be a good starting point for leading a data-driven business like Hexagon. Svensson holds a master’s degree in chemical engineering.
Hexagon is a global provider of technology solutions. The company specializes in developing information technology that is further used in geospatial and industrial applications. The company's solutions mainly integrate sensors, software, industry knowledge and customer workflows into information ecosystems. Customers are found on a global level in various industries. Hexagon was founded in 1975 and is headquartered in Stockholm.
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