CEO of Stratasys' MakerBot unit stepping down


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.

Last month, Stratasys reported MakerBot (aided by new partnerships and printer launches) had Q2 revenue of $33.6M, up from just $20.6M in Q1.

Stratasys -0.9% premarket.

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Comments (2)
  • joey.vajda@gmail.com
    , contributor
    Comments (5) | Send Message
     
    This will only help SYSS to become a more productive, leader on 3d and 4 d printing
    5 Sep 2014, 12:02 PM Reply Like
  • mackcap
    , contributor
    Comments (16) | Send Message
     
    Notice the stock dipped on the headline that only contained "he was stepping down".
    Sloppy headline.
    6 Sep 2014, 09:50 AM Reply Like
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