Formetrix appoints new CEO, plans relocation
January 17, 2019
Formetrix, Inc., the spin-out company of NanoSteel’s Additive Manufacturing business unit, has named Scott Pearson as its new Chief Executive Officer. The company, a designer and producer of high-performance steel alloys for metal Additive Manufacturing, also announced that it has committed to relocate to new headquarters in the Greater Boston area of Massachusetts, USA, in March 2019.
Speaking on Pearson’s appointment, K Leonard Judson, a Formetrix Director and President and Managing Director of Cycad Group, stated, “We are thrilled to attract someone of Scott’s calibre and experience to lead Formetrix as we enter our next phase of growth. Scott is the ideal person to drive the company’s growth and operational strategies, to establish mutually beneficial partnerships with industry and customers, and to establish the company as a leader in the rapidly developing Additive Manufacturing materials space.”
“I am excited to join the Formetrix team and to lead the organisation as we target the opportunities that exist in the 3D printing market today for our world-class, steel alloys as well as the new opportunities that our unique technologies will enable,” commented Pearson. “I am also looking forward to the opening of our new, state-of-the-art facility in the coming months. The new capabilities enabled by this facility will allow our team to innovate and operate more quickly and effectively for our customers.”
Pearson was stated to have over 25 years of experience leading a wide range of technology-based companies and organisations. His professional experience spans a broad range of industries including uninterruptible power systems (UPS), fuel cells, electric vehicles, electronics assembly equipment and materials, digital imaging, stationary energy storage, and defence systems. Prior to joining Formetrix, he served for six years as the President and CEO of Aquion Energy, a venture-backed company focused on the development, manufacturing, and sales of advanced batteries and storage systems.