3D Systems Announces CFO Transition and Reiterates 2022 Guidance
Veteran CFO Wayne Pensky to serve as Interim Chief Financial Officer Company reiterates 2022 full-year guidance ROCK HILL, S.C., April 25, 2022 (GLOBE NEWSWIRE) -- 3D Systems (NYSE: DDD ) today announced that Jagtar Narula is stepping down as the company''s Chief Financial Officer, effective May 20, 2022, to accept a new career opportunity. Wayne Pensky, former chief financial officer of Hexcel Corporation (NYSE: HXL ), has been appointed interim CFO, effective May 21. The company has initiated an executive search to identify a permanent finance leader. "I want to thank Jagtar for his dedication and leadership as we have executed on a transformational plan to refocus our business portfolio on additive manufacturing, driving improved growth and operating performance, while significantly strengthening our balance sheet. We have made tremendous progress on all facets of our business plan and I appreciate the important contributions Jagtar has made during his tenure with the company. I wish him continued success in the next chapter of his career.
3D Systems Announces CFO Transition and Reiterates 2022 Guidance
Veteran CFO Wayne Pensky to serve as Interim Chief Financial Officer Company reiterates 2022 full-year guidance ROCK HILL, S.C., April 25, 2022 (GLOBE NEWSWIRE) -- 3D Systems (NYSE: DDD ) today announced that Jagtar Narula is stepping down as the company''s Chief Financial Officer, effective May 20, 2022, to accept a new career opportunity. Wayne Pensky, former chief financial officer of Hexcel Corporation (NYSE: HXL ), has been appointed interim CFO, effective May 21. The company has initiated an executive search to identify a permanent finance leader. "I want to thank Jagtar for his dedication and leadership as we have executed on a transformational plan to refocus our business portfolio on additive manufacturing, driving improved growth and operating performance, while significantly strengthening our balance sheet. We have made tremendous progress on all facets of our business plan and I appreciate the important contributions Jagtar has made during his tenure with the company. I wish him continued success in the next chapter of his career.