AML3D Limited, Edinburgh, Australia, has named Ryan Millar as its new CEO. The move is said to be in line with the company’s plans of expanding its executive capabilities as it realises its growth strategy and moves into the next phase of development.
“I am pleased the Board has appointed Ryan as the new CEO,” stated Sean Ebert, chairman. “His deep experience and proven track record of success in working with start-up and scale-up companies, both locally and internationally, is a perfect fit for the company as our growth momentum accelerates. His expertise will add significant value and provide a structured approach to the next stage of growth. This appointment, coupled with the recent capital raising and landmark contract wins from global Tier 1 companies, places the company in a strong corporate position and, more importantly, is well resourced to deliver on our growth aspirations.”
Most recently, Millar was CEO of EESI group, joining in 2017, where his mandate was to transform that company, re-set the direction and strategy, build capability throughout the business and develop & commercialise intellectual property. During his tenure, the EESI group expanded operations, specifically in its New Soil business, commercialised and spun-out its Carbon Count business into the UK. Over the past two years, EESI is said to have benefitted from Millar’s business transformation initiatives and continued to expand despite the COVID-19 lockdowns. In 2021, the company’s revenue grew by 70% and EBIT by 300%.
Millar, who holds an MBA from the Australian Graduate School of Management, stated, “This is an exciting time for AML3D. I am motivated by the success of the company’s engagement with global customers in adopting our technology, our goal-driven and passionate people, customers, and the power of technology to transform and disrupt. ALM3D has a proven, proprietary technology that fundamentally disrupts industrial-scale metal manufacturing. AML3D’s Arcemy® and WAM® technologies produce better components, in less time and, importantly with better ESG outcomes for Tier 1 global clients. Recent contract wins with the likes of ExxonMobil and Boeing, coupled with ongoing contract discussions with other global Tier 1 companies, will ensure this growth momentum continues.”
Andrew Sales, founder and current Managing Director, will now lead the company’s commercialisation of R&D projects and provide technical and engineering support to the Sales & Marketing Teams and strategic. In his role as CTO, Sales will also focus his attention on the company’s multiple R&D projects which are expected to create growth drivers for the business.
“Andrew and his team have done an exceptional job to date and created a solid technology platform and significant interest from global customers for the future growth of the Company,” Millar added. “I look forward to working closely with Andrew and the other Board members to take AML3D to the next level.”
Sales stated, “I look forward to working with Ryan to help optimise the immediate and mid-term growth opportunities at AML3D. Bringing Ryan in as the new CEO also allows me to focus my strengths and efforts on developing new technology solutions and driving AML3D’s research and development projects to commercial outcomes. These R&D projects have the potential to deliver new materials and AML3D branded products that will maintain the company’s leadership position in large-scale metal Additive Manufacturing and underpin the long-term growth of the company.
“I am excited by AML3D’s outstanding prospects and remain absolutely committed to working with Ryan and my fellow board members to achieve the company’s potential,” Sales concluded.