Titomic appoints Herbert Koeck as CEO
May 27, 2021
Titomic Limited, Melbourne, Australia, has appointed Herbert Koeck as Chief Executive Officer, effective July 1, 2021. He succeeds Nobert Schulze, Interim CEO of Titomic, who will continue to support the company in a different role.
For the last five years, Koeck has been a member of the executive management team of 3D Systems Corporation, where he was accountable for the sales and global orders of the group. This included influencing product development to ensure customer success. The company’s revenue for his final full year, 2020, was USD $557.2 million. Prior to this position, Koeck acted as the company’s senior vice-president for Europe and India.
Before joining 3D Systems, Koeck was Managing Director for Europe, Middle East and Africa at Hewlett Packard, where he worked for over a decade, and acted as senior vice president for the PC and Printing Solution Group. He received a Dipl-Ing in Informatik (computer sciences) from the Technische Universität Wien, Austria.
Titomic chairman Dr Andreas Schwer, stated, “Herbert is a proven leader with deep Additive Manufacturing experience, hardcore marketing skills, business vision and ability to bring people together. His experience in bringing advanced technologies to customers around the world is exactly what Titomic needs as the Company enters its next chapter focusing on commercialising its Cold Spray Additive Manufacturing (CSAM) technology, centred on building partnerships as well as joint ventures with customers. During this exciting time of transformation, Herbert is the right leader at the right time for Titomic.”
“I have the privilege to be the Chairman of Titomic since June 2020, where we have made significant changes and progress in order to position the company for growth and shareholder value creation. I know the new leadership team, employees, partners, customers and shareholders will all benefit under Herbert’s leadership,” Schwer concluded.
“It is an honour to accept this position as CEO of Titomic,” Koeck stated. “As a team, Titomic’s employees have contributed their skills and talents to position Titomic as a leading global Additive Manufacturing company. The opportunity ahead is vast for Titomic and to capture the potential we must focus clearly, move fast and continue to transform. I am very excited and passionate to lead this process”.
With this addition, Titomic’s executive management team now consists of Jeff Lang as CTO; Chris Healy, Chief Legal Officer and Joanna Walker, CFO. The transformation of the management team comes alongside many recent changes to the Titomic Board of Directors, which now consists of chairman Dr Andreas Schwer former CEO of SAMI; Mira Ricardel principal Chertoff Group and former White House official; business executive Humphrey Nolan; Dag W.R. Stromme, former Morgan Stanley Managing Director and private equity executive; business executive Richard Willson, and Titomic’s two co-founders, Richard Fox and Jeff Lang, the company’s current CTO.