Colby Manwaring to be appointed as Director

'Colby has had an executive and entrepreneurial career in water and environmental software, covering nearly all aspects of the industry, including software development, sales and marketing, professional technical training, strategic business planning and execution, mergers and acquisitions, and strategic alliances. Starting his career as a software developer he went on to lead multi-national infrastructure analytics software company, Innovyze, with 3,000 customers globally, which subsequently sold to software giant Autodesk in 2021 for $1Bn USD ($1.55Bn AUD).'

Interesting that Colby is a) based in North America, EVS' largest region and b) has a background in water.

Colby was CEO when Innovyze was sold to Autodesk for just over $1b in 2021. Prior to this, he spent 10 years as CEO of XP Solutions -- another US based business -- which was eventually merged with Innovyze in 2017. Innovyze is a global leader in water infrastructure software. When the acquisition took place, Autodesk stated it positioned them 'as a technology leader in end-to-end water infrastructure solutions from design to operations, accelerates Autodesk’s digital twin strategy, and creates a clearer path to a more sustainable and digitized water industry.'

Very, very interesting. Colby will presumably add significant value and subject-matter expertise around the water segment and bring an established network with him to the director role.

Hugh Robertson to step down

Having served as a director since September 2018, Hugh will step down effective 1 September 2023. There is no justification given for his exit. On paper though, Colby seems a much better addition to the board, so I am not complaining..