Autodesk's Betsy Rafael Announces Departure from Board of Directors After Twelve Years of Leadership

Betsy Rafael Steps Down from Autodesk Board of Directors

On April 2, 2025, Autodesk, Inc. (NASDAQ: ADSK) revealed that Elizabeth "Betsy" Rafael has decided not to pursue re-election to the Board of Directors at the forthcoming 2025 Annual Meeting of Stockholders. Her decision marks the end of an impactful journey that began in September 2013, during which she contributed to transforming the company's vision and operations.

Betsy Rafael has held notable roles throughout her tenure, including chairing the Audit Committee from March 2016 until May 2024 and acting as Interim CFO from May 31, 2024, to December 16, 2024. Her leadership during critical phases provided guidance that was vital for Autodesk's growth trajectory. As she approaches the completion of her advisory role, which concludes on April 30, 2025, the decision not to stand for re-election aligns with this transition.

Andrew Anagnost, Autodesk's President and CEO, expressed heartfelt gratitude towards Rafael for her dedication. In a statement, he noted, “Betsy has overseen a period of significant growth at Autodesk. Her exceptional leadership and expertise have been instrumental in shaping our long-term vision.” Anagnost commended Rafael's pivotal role in the finance organization, especially during a period of change and uncertainty, positioning Autodesk for continued success.

In her own words, Rafael stated, "Autodesk is a great company with a bright future, well-positioned to build on its momentum and continue delivering strong financial and operational performance." Her acknowledgement of the team's capabilities reflects her confidence in Autodesk's strategic direction as the company prepares for its next chapter.

Over the years, Autodesk has established itself as a leader in design and engineering software, empowering architects, engineers, and creators to shape the world around us. From iconic buildings to innovative products, Autodesk's solutions streamline processes and drive creativity in various fields. Rafael's contributions to this mission have been profound, and her departure will certainly be a significant transition for the company.

As she steps away from her Board responsibilities, Autodesk continues to thrive, fueled by robust technological advancements and a commitment to sustainability. The company’s mission remains consistent: to enable designers and builders to realize their visions through cutting-edge technology and data-driven insights. While Betsy Rafael's direct involvement will be missed, her legacy will resonate within Autodesk as it embarks on future ventures.

In conclusion, the departure of Betsy Rafael from Autodesk's Board highlights the end of an era characterized by leadership, commitment, and unwavering dedication to the company's mission. Her influence will undoubtedly echo in the ongoing strategies and operational practices at Autodesk. As the company looks ahead, it stands prepared to embrace new challenges and opportunities, continuing to enhance its footprint in the global market.

For those who wish to stay informed about Autodesk's latest developments, visiting Autodesk's official site or following their social media channels is recommended. #MakeAnything

This announcement resonates far beyond the halls of Autodesk, symbolizing a pivotal moment for the organization. As changes in leadership often signal new directions, stakeholders and industry followers will be watching closely to see how the company adapts and grows in the wake of Rafael’s departure.