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3D Systems Appoints Former HP Exec as New CEO

by • April 3, 2016 • No Comments

  • After a rough year or so, 3D Systems finally saw its former CEO Avi Reichental step down of the position as the 3D printing leader sought to regroup. Facilities were closed and the consumer line of the company was shut down, with 3D Systems bringing the decision to focus on its broad industrial line as interim-CEO & Chief Legal Officer Andy Johnson took the reigns for a time and the Executive Management Committee began looking for a replacement. Currently, 3D Systems has revealed which replacement as Vyomesh Joshi, who retired as executive vice president of Hewlett-Packard Company’s Imaging and Printing Group in 2012.

    PHOTO Vyomesh Joshi named CEO of 3D SystemsTo accelerate the company’s growth strategy, VJ has been appointed by the 3D Systems board as President and CEO. VJ joined HP in 1980 as an R&D engineer preceding climbing up to the position of vice president and was some day named one of Fortune 500’s many influential Indian-Americans in 2005. In addition to doubling HP’s own profits during an 11-year period, VJ in addition sat on the board of directors of Yahoo!

    VJ said of the appointment, “I am amazingly excited of the upcoming of 3D Systems. We have a tremendous opportunity to assist customers take advantage of the era of making transformation, which include weight customization. Whilst the company has a sturdy history in place, it is clear which we require to create new and new products with unprecedented high end and service levels to drive sustainable growth and profits.”

    Wally Loewenbaum, Chairman of the 3D Systems Board of Directors, commented, “We are delighted to announce VJ’s appointment as President and CEO of 3D Systems. VJ’s worthwhile experience scaling and strengthening innovation-driven businesses, his expertise in product createment and advancement, and his proven track record of operational excellence manufacture him the perfect candidate to lead our company into its upcoming era.”

    Johnson can remain on as Executive Vice President and Chief Legal Officer, while the new CEO steps into his role. Given VJ’s experience and 3D Systems’ tremendous innovation portfolio, the industry leader may at last regain its status in 3D printing.

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