Vyomesh Joshi (VJ), the CEO and president of 3D Systems has revealed to firm’s Board of Directors about his retirement plans. 65-year-old VJ has been at the helm of the company since 2016. He has vowed to remain in the position until the company picks his successor.
After the position is filled, Josh will occupy a role as a strategic advisor to the firm. Vj occupied the position in 3D System following the departure of Avi Reichental 2015. He has led 3D Systems via a crucial stage phase that witnessed the firm sharpen its focus on the business market and abandon its consumer forces.
During his tenure, the firm carried on to grow its collection of software, hardware, and materials. Among them is the Figure 4 program.VJ has arrived at this decision after close to four years holding the position.
“A lot of personal reflection and discussion with the Board have gone into my decision. The deciding factor was our full confidence that 3D Systems is ready for the next level,” he stated. “We are poised for growth and we have built a great team, a strong culture and a powerful portfolio.”
He also said that he is honored to have directed 3D Systems into such a crucial stage and place the firm for valuable development in its following episode.
Speaking about this, Chairman of the Board of Directors, Charles (Chip) McClure said the following: “On behalf of the Board of Directors, I want to personally thank VJ for his accomplishments at 3D Systems. He is a pioneer and a visionary in digital manufacturing solutions, and he has led this company through a vital phase. I have such great respect for him and his career. He is a man of integrity and I am grateful to have served alongside him.”
The previous week, the firm declared its plans to host a convention call and concurrent webcast. The aim is to talk about its financial results for the 4th quarter and the whole year of 2019. The event is set for 26th Feb 2020.