Hexagon said it has appointed a board of directors for its potential spin-off company, Octave Intelligence. Brett Watson was named chair; he is president of Koch Equity and previously served on Hexagon’s board from 2021 to 2024. New Octave directors include Magnus Ahlqvist, CEO of Securitas, and David Hollister, a former finance executive at Bentley Systems. The board also includes Meerah Rajavel, CIO of Palo Alto Networks, and Jill Smith, a former chair of AspenTech who previously served on Hexagon’s board from 2013 to 2017. Mattias Stenberg, CEO of Octave and former president of Hexagon’s Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions, was also appointed as a director.

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