Nemetschek AG adds Nemetschek Vectorworks and Graphisoft CEOs to Executive Board

2013/10/23

Sean Flaherty and Viktor Varkonyi Bring Global Perspective, Industry Experience
and Strong Leadership to the Team

Columbia, Md. (October 23, 2013) –Nemetschek AG has announced that Sean Flaherty, CEO of Nemetschek Vectorworks, Inc., and Viktor Varkonyi, CEO of Graphisoft SE, have been promoted to the Executive Board of Nemetschek AG. Both managers bring comprehensive knowledge of international markets, deep experience in the software industry and strong leadership to the new Executive Management Team.

The Nemetschek Group seeks a leading position in the AECO (Architectural, Engineering, Construction and Operation) and design industry and plans to benefit from growth opportunities resulting from the rapid changes in technology and digitalization of building processes. By this extension of the Executive Management, the Supervisory Board of Nemetschek AG sets a fundamental organizational step to achieve this objective.

As Senior Vice Presidents of Nemetschek AG, Flaherty and Varkonyi will be responsible for defining and executing the Nemetschek Group strategy, mission and vision in the global AECO and design markets.

Flaherty has held several different positions at Nemetschek Vectorworks for the past 27 years. Together with his team, he creates and markets professional CAD and Building Information Modeling (BIM) solutions for designers in the global AEC, entertainment and landscape design industries.

Varkonyi has served in many positions at Graphisoft over the past 20 years. Varkonyi and his colleagues have developed the company into a global market leader in the field of BIM solutions.

Both Senior Managers have demonstrated sharp business sense, strategic leadership, experience and a passion for technology, and are respected by employees, customers and partners worldwide. By adding experienced brand CEOs to the Executive Board, Nemetschek AG plans to build on the strength of its brands to extend its global market positions.

Flaherty will continue in his role as CEO of Nemetschek Vectorworks, Inc., and Varkonyi will continue to serve as CEO of Graphisoft SE. The search for a new Chief Financial and Operational Officer for Nemetschek AG is in progress, and an announcement will be made soon.

About Nemetschek AG

Nemetschek AG is a globally leading software provider for the architecture, engineering, construction and operation market (AECO). Headquartered in Munich, Germany, with its 11 brands it today serves more than 800,000 users in 142 countries from 40 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the Group focuses on innovations such as Open Building Information Modeling for the AECO market of tomorrow. Publicly listed since 1999, Nemetschek achieved 2012 revenues of EUR 175 million and an EBITDA of EUR 41 million.

About Nemetschek Vectorworks, Inc.

Nemetschek Vectorworks, Inc. is a wholly owned subsidiary of the Nemetschek Group and has been developing software since 1985. The Vectorworks line of software products provides professional design solutions for designers in the AEC, entertainment and landscape design industries. With a tradition of designing flexible, versatile, intuitive and affordable CAD and BIM solutions, Nemetschek Vectorworks continues to be a global leader in 3D design technologies. Nemetschek Vectorworks has been a part of the Nemetschek Group since its acquisition in 2000.

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