Bre Pettis, MakerBot's co-founder and CEO, will be stepping down from his position to head an "Innovation Workshop" at Stratasys (NASDAQ:SSYS). In addition, MakerBot COO Aric Jennings will now become Stratasys' VP of global manufacturing.
MakerBot president Jenny Lawton is the unit's new CEO. Sales chief Frank Alfano is its new president.
Pettis has run the show at MakerBot as the company delivered blistering growth over the last two years and emerged as the clear leader in the consumer/enthusiast segment of the 3D printing market.
Stratasys -0.9% premarket.