Previously

Deputy Chief Technology & Innovation Officer, Lloyd’s Register
Customer Products and Platform Director, Lloyd’s Register
SVP Core Products, Lloyd’s Register

Company

Grounded in more than 15 years of advanced academic research at the Massachusetts Institute of Technology (“MIT”), Akselos provides physics-based simulation engineering software, or digital twins, of highly complex mechanical assets. The technology enables customers to reduce risk, increase operational efficiency, and extend the life of their energy infrastructure in operation. The Company is disrupting the industry standard with its solution being 1,000x faster than legacy technology, facilitating real-time condition monitoring and delivering significant customer value.

Akselos’ technology is currently in use by customers across the energy industry, including upstream and downstream, and renewable energy, and is trusted by clients including Shell, Lamprell and Pan American Energy. Offshore wind is a key vertical, aligning with the company’s vision of providing technology that enables the green energy transition in line with IEA’s Net Zero 2050 roadmap.

Search Background

Akselos are scaling quickly and have recently taken on external financing from GRO Capital. With a globally distributed team across Europe, Middle East, Vietnam and North America, the business required a high impact Chief Product Technology Officer to help them through the next phase of growth. The CPTO will play a key leadership role within the company and ultimately help change the future of a service it is looking to define. The CPTO will be an inspirational ambassador of the Akselos’ product suite and will build the machinery around Product Management which will underpin Akselos’ accelerated growth.

Requirements

The successful candidate will have in-depth understanding of the market and sales motions currently experienced within Akselos today. They will be adept at transforming a company’s vision into the product, while creating a partnership role with the founders and engineering team to define product strategy with a clear results-focused mindset. Demonstrated track record of building out the product vision, components, pricing and packaging with a focus on new product launch, with a focus on shortening the TTV and sales cycle.

Result

Erevena identified and introduced Dr. Claus Reimers who has deep experience across the engineering simulation software market. Claus has a PhD in Chemical Engineering and co-founded SolidSim through his academic studies – commercialising the business, developing a subscription-based SaaS offering and building a team of 20 people, before successfully exiting the business to Aspen Technology. He then embarked on a highly analogous journey within Aspen Technology, relocating back to Hamburg from the US in 2020 to join Lloyd’s Register leading a team of product and technology leaders with a focus on enterprise Maritime clients.

Thomas Leurent

CEO

Our investor, GRO Capital, highly recommended that we work with Erevena on this CPTO hire. This has turned out to be great advice. The CPTO was a new role for Akselos, and it was important to define well what our company needed. Already in the role calibration, Grant and Tim provided key added value, offering strong independent thinking grounded in extensive experience. From there, we worked very well as one team in pushing the boundaries which ultimately found us Claus, a candidate uniquely suited for our product, target industry, and company stage. What we experienced with Erevena was a best-in-class search firm guiding and communicating effectively through a search – this is what great looks like for an executive search!

Our experts

Grant Hayward, Partner

Specialisms: Product, Engineering, Marketing, B2B SaaS, Bottom Up SaaS

Tim Horslen, Principal

Specialisms: Product Leadership, Commercial Leadership, B2B SaaS

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