Foxborough, MA – May 6, 2021 – ICONICS, Inc., a group company of Mitsubishi Electric Corporation, has appointed Mr. Edward (“Ted”) Hill as the company’s new President and CEO. Mr. Hill replaces Mr. Yuji Ichioka, who served as the Interim President and CEO following the November 2020 retirement of the company’s founder, Mr. Russ Agrusa.
Ted’s 25-year career features a broad range of success in industrial automation markets. Prior to joining ICONICS, Ted was the Director of Business Planning for the Software and Controls segment at Rockwell Automation, responsible for annual operating plans, portfolio management, and acquisition integration. Ted served in a variety of roles at Rockwell including Director of Global Business Development and Business Director, Automation Software. In these roles, his responsibilities included managing Rockwell's relationship with Microsoft and other partners, acquisitions, and business and product management for automation software.
Prior to Rockwell, he co-founded two software companies. Incuity Software, Inc. developed enterprise manufacturing intelligence software and was acquired by Rockwell in 2008. DataWorks Systems was a system integration firm he co-founded in 1994 that deployed a variety of controls and automation projects in North America and South Africa.
“This is a very exciting time for ICONICS and the Mitsubishi Electric Factory Automation Systems Group,” said Yoshikazu Miyata, Executive Officer and Group President of Factory Automation Systems Group at Mitsubishi Electric. “I am confident that Ted’s experience, capabilities, leadership style, and personality are ideally suited for both ICONICS and Mitsubishi Electric. He is perfectly positioned to lead ICONICS as the software center of excellence for Mitsubishi Electric’s continued investment in the field of IoT and software.”
“I have long admired the ICONICS software portfolio and am excited to be joining this great company,” Hill said. “I look forward to expanding ICONICS’ value in global markets, defining the company’s future vision, and developing and deploying operational and growth strategies that, together with Mitsubishi Electric, enable us to deliver the highest quality products and solutions to our customers.”
About ICONICS
ICONICS is headquartered in Foxborough, Massachusetts and is a global software developer of visualization, HMI, SCADA, and energy solutions. With over 375,000 installations in over 100 countries worldwide and running in over 70 percent of Global 500 companies, ICONICS software is recommended for automating, monitoring, and optimizing a customer’s most critical assets. ICONICS offers competitive software products for various business sectors, such as manufacturing, industrial and building automation, and it possesses advanced technology and remarkable industry leading knowledge in the development of industrial software. ICONICS was named finalist by Microsoft in 2020 as IoT Partner of the Year and has been recognized nine times for a Microsoft Partner of the Year award.
About Mitsubishi Electric Corporation
With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded a revenue of 4,462.5 billion yen (US$ 41.5 billion*) in the fiscal year ended March 31, 2020. For more information visit: