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Octave, the proposed software spin-off from Hexagon AB, today announced its executive leadership team, bringing together visionary leaders, proven innovators, and industry veterans. Hexagon expects Octave to list on a US national securities exchange and recently confirmed the duration of the related Swedish Depository Receipt program. Subject to final board, shareholder, and regulatory approvals, Octave’s separation and listing are targeted for the first half of 2026.
Octave is anticipated to include:
Hexagon’s Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions
ETQ (from the Manufacturing Intelligence division)
Bricsys (from the Geosystems division)
Executive Leadership Team
Mattias Stenberg, Chief Executive Officer: Current President of Hexagon’s Asset Lifecycle Intelligence and Safety, Infrastructure & Geospatial divisions. Stenberg has led the Hexagon Asset Lifecycle Intelligence division since 2017. Previously, he held leadership roles in strategy, M&A, and corporate development at Hexagon AB and serves as a board member at Sinch AB.
Ben Maslen, Chief Financial Officer: Current Chief Strategy Officer of Hexagon, a role he has held since 2017. Previously, Maslen held leadership and equity research roles at Morgan Stanley and Bank of America Merrill Lynch.
Jay Allardyce, Chief Product Officer: Recognized AI and enterprise software leader with over 20 years of experience building and transforming organizations. He previously co-founded GenAI.Works and held leadership roles at HP, GE, Uptake, Google, and insightsoftware.
Tamara Adams, Chief Revenue Officer: Global sales leader with over 20 years of experience driving growth across technology, sales, marketing, and operations. She has held sales leadership roles at Honeywell, Oracle, and most recently served as Chief Revenue Officer at Dotmatics LLC (acquired by Siemens).
Tony Zana, Chief Legal Officer: Current General Counsel and Chief Compliance Officer for Hexagon, roles he has held since 2019. Zana, a US-qualified attorney, has over 20 years of experience with the businesses comprising Octave, including serving as Vice President, General Counsel, and Corporate Secretary of Intergraph.
David Cryer, Chief Marketing Officer: Marketing leader with a record of driving digital transformation at Hexagon Asset Lifecycle Intelligence. He previously held various leadership roles at Microsoft.
Jennifer Kaplan, Chief Human Resources Officer: Human resources executive with over 25 years of leadership experience at global technology companies. Kaplan currently leads HR for Hexagon Asset Lifecycle Intelligence.
Vivek Mokashi, Chief Technology Officer: Engineering leader with three decades of experience in product design, development, and support. Mokashi currently serves as CTO for Hexagon Asset Lifecycle Intelligence.
Scott Moore, Chief Operating Officer: Veteran executive with more than 30 years of operational and financial leadership experience. Moore currently serves as both CFO and COO for Hexagon’s Asset Lifecycle Intelligence division, directing all aspects of global finance and business operations.
Additionally, Elizabeth Chwalk has been named Vice President, Investor Relations for Octave. Chwalk is a seasoned IR leader and former equity research analyst with deep expertise in SaaS businesses, recurring revenue models, and capital markets. Most recently, she led Investor Relations at Rapid7.