Stratasys CEO Announces Retirement

Stratasys has stated that David Reis will step down from his position of chief executive officer on June 30. He will remain a member of the executive board, the company states.

During his tenure as CEO, David Reis led the successful merger and integration of Stratasys and Objet, and oversaw the strong growth that has established Stratasys as an industry leader. Reis also initiated the company’s recent transformation, as it developed a broad, solutions-based business model that targets new manufacturing applications across key vertical markets, a press release states.

“The board of directors is grateful for David’s seven years of service as CEO to Stratasys and Objet,” said Elan Jaglom, Stratasys’ chairman of the board. “David has shown strong dedication to our customers and employees, while guiding the company through a period of extraordinary growth. He is also responsible for initiating a critical business transformation designed to support our long-term leadership in the prototyping market while expanding into applications for manufacturing. The board looks forward to working with David in his capacity as Executive Director and to the value he will provide in supporting our long-term strategy.”

For more information, visit Stratasys.

Sources: Press materials received from the company and additional information gleaned from the company’s website.