Applied Systems hires new CEO

Reid French has been appointed CEO of Applied Systems.
He succeeds James P. Kellner, a 26-year veteran of Applied Systems, who has served as chairman and CEO since 1998.
Kellner is taking on the role of non-executive chairman of the board and remains a significant shareholder in the company.
French most recently served as chief operating officer of Intergraph Corporation, a global company specializing in geospatial and computer-aided design software. The company has 4,000 employees in more than 50 countries.