3D Systems Announces Appointment of Andrew Johnson as Chief Corporate Development Officer
September 12 2022 - 4:05PM
Today, 3D Systems (NYSE:DDD) announced that Andrew Johnson, the
company’s executive vice president, chief legal officer, is taking
on expanded responsibilities as chief corporate development
officer. In this role, he will not only lead the company’s mergers
and acquisitions but will also lead the establishment of new
strategic partnerships in support of the company’s expanding
business needs. Mr. Johnson has been with 3D Systems for more than
16 years, and during this time has led over 60 M&A transactions
for the company, and has played a key role in the development of
several strategic partnerships. His strategic vision, experience,
and knowledge of the additive manufacturing industry make him well
suited to take on this expanded responsibility as chief corporate
development officer, in addition to his current role as chief legal
officer. Mr. Johnson holds a BA from Miami University, an
MBA from the Ross School of Business at the University of Michigan,
and a JD from the University of Virginia.
“Our core strength as a company, one that differentiates us from
our competitors, is our relentless application focus in meeting our
customers' most important challenges,” said Dr. Jeffrey Graves,
president and CEO, 3D Systems. “To be effective in this
approach, it is essential for us to be the leader in bringing to
bear a broad range of core printing technologies, from metals to
polymers and biologics, in combination with market-leading
materials and software solutions. To do this on an ever-larger
scale, we must increasingly seek strategic partnerships, ranging
from basic technology to commercial channels to market. This
activity is essential in order to capitalize on the full spectrum
of exciting opportunities that are opening ahead of us, as additive
manufacturing enters full-scale production environments. Andy’s
experience and knowledge of our company and the industry broadly
position him very well for success in this expanded
role.”
Mr. Johnson’s responsibilities will span the entire range of the
company’s interests. One of the key emerging areas that he will be
addressing is the increasing partnership opportunities 3D Systems
now has in regenerative medicine. With the technical progress
achieved by 3D Systems’ regenerative medicine team, under the
leadership of Chuck Hull, chief technology officer for regenerative
medicine, and in partnership with United Therapeutics, along with
the acquisitions of Allevi and Volumetric Biotechnologies, the
company possesses unique capabilities that are needed to pursue an
increasing number of new biologic applications. To capitalize on
this potential, Mr. Johnson will explore application partnerships
that could accelerate the company’s growth in these new and
exciting markets.
Forward-Looking StatementsCertain statements
made in this release that are not statements of historical or
current facts are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to be materially
different from historical results or from any future results or
projections expressed or implied by such forward-looking
statements. In many cases, forward-looking statements can be
identified by terms such as "believes," "belief," "expects," "may,"
"will," "estimates," "intends," "anticipates" or "plans" or the
negative of these terms or other comparable terminology.
Forward-looking statements are based upon management’s beliefs,
assumptions, and current expectations and may include comments as
to the company’s beliefs and expectations as to future events and
trends affecting its business and are necessarily subject to
uncertainties, many of which are outside the control of the
company. The factors described under the headings "Forward-Looking
Statements" and "Risk Factors" in the company’s periodic filings
with the Securities and Exchange Commission, as well as other
factors, could cause actual results to differ materially from those
reflected or predicted in forward-looking statements. Although
management believes that the expectations reflected in the
forward-looking statements are reasonable, forward-looking
statements are not, and should not be relied upon as a guarantee of
future performance or results, nor will they necessarily prove to
be accurate indications of the times at which such performance or
results will be achieved. The forward-looking statements included
are made only as of the date of the statement. 3D Systems
undertakes no obligation to update or revise any forward-looking
statements made by management or on its behalf, whether as a result
of future developments, subsequent events or circumstances or
otherwise, except as required by law.
About 3D Systems More than 35 years ago, 3D
Systems brought the innovation of 3D printing to the manufacturing
industry. Today, as the leading additive manufacturing solutions
partner, we bring innovation, performance, and reliability to every
interaction - empowering our customers to create products and
business models never before possible. Thanks to our unique
offering of hardware, software, materials, and services, each
application-specific solution is powered by the expertise of our
application engineers who collaborate with customers to transform
how they deliver their products and services. 3D Systems’ solutions
address a variety of advanced applications in healthcare and
industrial markets such as medical and dental, aerospace &
defense, automotive, and durable goods. More information on the
company is available at www.3dsystems.com.
Investor
Contact: |
investor.relations@3dsystems.com |
Media Contact: |
press@3dsystems.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b20070fd-a0ac-4f23-93a9-4aba4540cad5
3D Systems (NYSE:DDD)
Historical Stock Chart
From Mar 2024 to Apr 2024
3D Systems (NYSE:DDD)
Historical Stock Chart
From Apr 2023 to Apr 2024