Jun 2, 2016 | By Tess

Stratasys, one of the leading manufacturers of 3D printers and 3D printing systems, has recently announced the retirement of David Reis as CEO. Reis, who operated as CEO of the Israel and Minneapolis based company for seven years, oversaw a period of significant growth for the additive manufacturing company, as well as led the merger of Stratasys and Objet in 2012, which placed his company at the fore of 3D printing technologies.

David Reis will be stepping down as CEO effective as of June 30, 2016, but will continue to sit on the Stratasys board of directors as an Executive Director. In a press release put out by the company earlier today, Elan Jaglom, Stratasys’ Chairman of the Board said, “The board of directors is grateful for David’s seven years of service as CEO to Stratasys and Objet. 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."

David Reis

Ilan Levin, a current member of the Board and Executive Committee of Stratasys, will replace Reis as CEO as of July 1st, 2016. Levin, who served as a member of the Objet Board since 2000, took up the position of President and Vice Chairman of Objet’s Board of Directors until the merger with Stratasys in 2012. Jaglom said of the new leadership, “Speaking on behalf of the whole Board, we are confident that Ilan's understanding of the company's business and strategy will enable him to build upon Stratasys' market position, foster a smooth transition and successfully advance the company's strategic vision.”

Reis, whose legacy will surely continue on in the company’s policies and future projects announced, "It has been a privilege to lead Stratasys and its very talented team during a truly transformative period for our company and industry. The time has come to transition leadership, and I am extremely pleased to have a highly-capable successor who has extensive knowledge of all aspects of Stratasys, including our technologies, markets and strategic roadmap. Ilan is an additive manufacturing pioneer, and has been a key figure in our industry for many years. I am confident in his ability to conduct a seamless transition and lead our company into the future.”

Levin for his part is grateful and excited to be stepping into the role of Stratasys CEO. “I am honored to be taking on the role as CEO and to continue working with the global Stratasys team to advance our company’s goals and values,” he said.

Stratasys Ltd., which was founded in 1989, has been a solid and dominant force within the 3D printing industry. With a diverse range of products, educational systems, and markets, it has established itself as one of the most reliable 3D printing solutions companies. Most recently, the company impressed the 3D printing world with the release of its J750 3D printer, a machine capable of high-precision multi-color and multi-material prints.



Posted in 3D Printer Company



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