ISD Divests ISD Brasil
ISD completed a significant change in December 2015. ISD, Inc. has divested all of its interests in ISD Brasil. Carlos Caram, now President and CEO of ISD Brasil, leads ISD Brasil as an independent company. ISD established ISD Brasil as a subsidiary in 2000, and Carlos has led ISD Brasil for its entire existence. ISD Brasil will continue its well-deserved leadership position implementing model based process improvement programs for customers in South America and elsewhere around the globe.
Paul D. Byrnes, ISD President and CEO, discussed the benefits of this change. “For our long term customers, this change will be transparent. Carlos has always been the face of ISD Brasil, and he will continue to lead ISD Brasil going forward. As an independent entity, Carlos can make rapid adjustments and strategic decisions that ensure ISD Brasil meets customer needs in his region.
ISD will continue to team with ISD Brasil on many shared initiatives, including our process improvement software tools, and our Integrated System Framework (ISF), which is a meta-model enabling significantly more efficient multi-model initiatives. We look forward to supporting ISD Brasil’s growth, and continuing our long and successful relationship.