Velo3D’s CEO Benny Buller steps down

Companies & MarketsNews
December 18, 2023

December 18, 2023

Benny Buller has stepped down as Velo3D’s Chief Executive Officer (Courtesy Velo3D)
Benny Buller has stepped down as Velo3D’s Chief Executive Officer (Courtesy Velo3D)

Velo3D, Inc, headquartered in Campbell, California, USA, has announced that Benny Buller, the company’s founder, has stepped down as Chief Executive Officer at the request of the Board of Directors. Buller will remain a member of Velo3D’s Board of Directors, with Brad Kreger stepping up as interim CEO while the company begins its search for a permanent CEO.

It was stated that the Board of Directors has also begun a strategic business review to explore a range of options, including a potential merger, business combination or sale. Velo3D emphasised that the strategic review process does not guarantee a transaction or other strategic outcome. The company also stated that it does not anticipate any impact on its operations or its service to customers during the review process.

THE WORLD OF METAL AM TO YOUR INBOX
Subscribe to our weekly newsletter
Sign up

“I want to thank Benny for his tireless efforts over the last nine years from founding the company to making Velo3D the technology leader in the rapidly growing Additive Manufacturing industry,” stated Carl Bass, Chairman of the Board of Velo3D. “We are incredibly grateful to Benny for all his contributions. However, given the current environment, the Board believed a change would best position the company for future success. We look forward to continuing to benefit from Benny’s experience at the board level as we execute on our strategic technology and profitability initiatives.”

Kreger has served as the Executive Vice President of Operations at the Velo3D since December 2022. Before joining the company he held various executive roles managing and quickly expanding manufacturing operations at several early and mid-stage companies, including Affymetrix, Thermo Fisher Scientific, and Fluidigm Corporation.

www.velo3d.com

Download Metal AM magazine
Companies & MarketsNews
December 18, 2023

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • The GRCop story: The development, production and Additive Manufacturing of NASA’s rocket engine alloys
  • Formnext 2023: Innovations in metal Additive Manufacturing from the industry’s leading international exhibition
  • Cybersecurity in Additive Manufacturing: Securing the industry’s future
  • Additive Manufacturing in the jewellery industry: exploring the potential of platinum and titanium
  • Mission possible: The five-year plan to gain FAA and EASA acceptance of in-process monitoring

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online
Share via
Copy link
Powered by Social Snap