Days after finishing it’s Desktop Metallic acquisition, Nano Dimension has appointed Ofir Baharav as its Chief Government Officer (CEO), efficient instantly.
His appointment follows his tenure as Chairman of Board of Administrators (BoD), having been elected by activist shareholder Murchinson in December 2024. As Chairman, he has applied a number of strategic modifications aimed toward enhancing the corporate’s operational effectivity and market competitiveness.
Baharav brings practically three a long time of expertise in capital gear for the electronics trade and additive manufacturing. His earlier management roles embody CEO of Maxify, VP Merchandise at Stratasys, CEO at Xjet, EVP Merchandise at Credence Programs, and President at Optonics, replicate a constant give attention to transformation and technological innovation. As Nano Dimension continues to pursue profitability and shareholder worth, Baharav’s experience is predicted to play a key position in guiding the corporate’s efforts.
Having served as Interim CEO, Julien Lederman will proceed as Nano Dimension’s Chief Enterprise Officer (CBO). His duties embody post-merger integration, communications, investor relations, operational planning, and efficiency monitoring.
The management transition additionally includes the departure of Zivi Nedivi, President, and Tomer Pinchas, Chief Monetary Officer (CFO) and Chief Working Officer (COO). Baharav has stepped down from the Board, with Robert Pons, assuming the position of Chairman, who beforehand served as a board member since December 2024.
“Mr. Baharav’s confirmed means to drive strategic change and operational effectivity is exactly what Nano Dimension wants at this important juncture,” stated Pons. “His deep trade experience and management might be instrumental in navigating the combination, reaching fast profitability, and delivering important worth to our shareholders.”
David Stehlin, a Board Director added, “His mixed experience in electronics and additive manufacturing is uniquely suited to our strategic route, guaranteeing we capitalize on the numerous alternatives forward.”
Operational overhaul and strategic focus beneath Baharav’s management
Following his appointment as Chairman, Baharav initiated a sequence of measures aimed toward bettering operations and governance. He has redirected analysis and growth (R&D) efforts and gross sales in direction of high-value purposes the place the corporate goals to keep up long-term competitiveness.
Moreover, he applied cost-cutting measures projected to avoid wasting over $20 million yearly by year-end, with additional reductions anticipated from post-merger operational consolidation.
Negotiations with the Committee on International Funding in the US (CFIUS) efficiently eliminated restrictions on post-merger price reductions and synergy realization, enabling the corporate to pursue operational efficiencies.
Baharav additionally proposed amendments to the Articles of Affiliation which is pending shareholder approval, and eradicated the poison tablet mechanism to enhance transparency and alignment with shareholder pursuits. As a part of efforts to strengthen its market place, Nano Dimension reorganized subject operations to boost gross sales efficiency within the U.S. and China.
To make sure better accountability, Baharav established complete efficiency metrics and reporting techniques to assist data-driven decision-making. His management is marked by efforts to streamline operations, cut back bills, and give attention to innovation in high-performance purposes.
In an announcement, Baharav says, “It’s a privilege to steer Nano Dimension in creating worth for shareholders, working with a gifted cohort of colleagues and partnering with trade main prospects.”
Nano Dimension, which now consists of Desktop Metallic and has plans to accumulate Markforged for $115 million, is restructuring to construct a scalable digital manufacturing enterprise targeted on high-value purposes and constant monetary efficiency.
“I need to thank Mr. Lederman for his management throughout this time, and I look ahead to working carefully with him,” stated the brand new CEO.
What 3D printing tendencies must you be careful for in 2025?
How is the way forward for 3D printing shaping up?
To remain updated with the most recent 3D printing information, don’t neglect to subscribe to the 3D Printing Trade publication or comply with us on Twitter, or like our web page on Fb.
Whilst you’re right here, why not subscribe to our Youtube channel? That includes dialogue, debriefs, video shorts, and webinar replays.
Featured picture exhibits Nano Dimension’s new CEO Ofir Baharav. Photograph through Ofir Baharav/LinkedIn.
