Protolabs appoints Suresh Krishna as new CEO

Protolabs, a supplier of digital manufacturing services, has appointed Suresh Krishna as President and Chief Government Officer and a member of the Board of Administrators, efficient instantly. Krishna most lately served as President and Chief Government Officer at Northern Device + Tools, a producer and retailer of instruments and business gear.

Krishna succeeds Rob Bodor, who has entered right into a consulting association with the corporate to facilitate a seamless transition. At Northern Device + Tools, he was instrumental in increasing the corporate’s customer-centric tradition and buyer base. He was the catalyst for accelerating its progress technique by way of operational and provide chain optimizations.

“Beneath Rob’s management, Protolabs has expanded its capabilities, enhanced its manufacturing processes, considerably broadened the Protolabs Community, and pushed business-wide organizational enhancements, all to higher serve its prospects. With the strong basis that Rob helped set up, the corporate is well-prepared to enter its subsequent part of progress. We thank Rob for his dedication to Protolabs and its prospects and want him properly in his subsequent chapter,” mentioned Rainer Gawlick, Chairman of Protolabs’ Board of Administrators. “Protolabs has began the yr sturdy, and we’re happy to welcome Suresh as the corporate’s new CEO. With a 30-year observe report of overseeing worthwhile progress and shareholder worth creation at manufacturing corporations, we’re assured that he has the correct expertise and expertise to construct on the corporate’s constructive momentum. He’ll take Protolabs to the following degree by rising our buyer loyalty and share, accelerating the execution of our manufacturing growth initiatives, and persevering with to drive worthwhile progress by way of our distinctive digital manufacturing mannequin. Importantly, Suresh brings recent views and a expertise for implementing progressive progress methods, which shall be key to advancing our profitable technique and delivering outcomes.”

“I’m honored to hitch Protolabs as its subsequent CEO. This is a crucial time as the corporate works to develop its choices and achieve a bigger share of the $100 billion digital manufacturing market. Protolabs has an incredible crew, best-in-class manufacturing occasions, and a key aggressive benefit as the one digital producer that mixes in-house digital manufacturing with a community of producing companions. This subsequent chapter for the corporate goes to be a unprecedented one, and I’m thrilled to be main the gifted Protolabs crew ahead,” mentioned Suresh Krishna.

“It’s been a privilege to have led the Protolabs crew over the previous 4 years. Collectively, we’ve got superior the corporate’s place as a number one prototype producer serving among the most progressive corporations on this planet throughout a variety of industries. Core to our success has been our unwavering dedication to high quality and our prospects, who’ve rewarded us with their loyalty and enterprise. I sit up for seeing Protolabs proceed to advance and obtain its full potential,” mentioned Rob Bodor.

Within the second quarter of 2025, the corporate expects to generate income between $124.0 million and $132.0 million. It expects second quarter 2025 diluted web earnings per share between $0.11 and $0.19, and non-GAAP diluted web earnings per share between $0.30 and $0.38..