Technology >> CEO Interviews >> December 16, 2002

Robert Russell – Axeda Systems Inc (xeda)

ROBERT RUSSELL was appointed Chairman and Chief Executive Officer of Axeda Systems Inc. in August 2001. He has over 25 years of management experience in leading technology companies and as a proven senior executive of global enterprises. Before joining Axeda, Mr. Russell served as President and CEO of Thomson Lifelong Learning Group, where he led a successful and strategic shift in the organization and guided his market group to record-breaking financial results. He also served as President of the McGraw-Hill Construction Information Group, where his outstanding performance transforming the business focus and organizational structure of the company (while simultaneously exceeding revenue and profit goals, expanding growth, product innovation and customer retention), earned him the Chairman's Award for Excellence in Management. Mr. Russell began his career at Digital Equipment Corporation (now Compaq), where he spearheaded customer software development projects. After serving within Digital's software services and technical support areas, Mr. Russell was given the role of Vice President of Software Services for the New York Region. His performance in this role led to his appointment as Vice President of Systems Integration for the Americas, in which he implemented the design and planning for a new services business within Digital. In 1992, Mr. Russell was asked to lead Digital's Financial Services, Public Administration, and Professional Services Market Group ' ultimately responsible for an organization with 1,800 employees and $1 billion in revenue within Digital's worldwide $13.4 billion organization. Mr. Russell received a BS from Ohio University and is a graduate of the Yale University School of Management Executive Program. He is a Board member of the Ohio University College of Business and the National Building Museum in Washington, DC, and is a former Regent of the American Architectural Foundation. Mr. Russell is President of the National Ice Hockey Officials Association and is an active NCAA Ice Hockey Official. He is a Board member of U.S. Lacrosse in Baltimore, Maryland, and continues to be involved in a number of civic organizations, including the New Haven Ronald McDonald House. Profile
TWST: Could we start off with a quick overview of Axeda?

Mr. Russell: Axeda Systems trades on NASDAQ as XEDA. We are the world-

leading supplier of device relationship management. Device

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