SYDNEY: Titomic Limited announced that Herbert Koeck has been appointed by the Board of Directors as Chief Executive Officer, with effect from1 July 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 Mr Koeck has been a member of the executive management team of 3D-Systems Corporation, a global, leading 3D-printing solution supplier.
As Executive Vice-President Global-Go-To-Market he was accountable for the sales and global orders of the group which included influencing product development to ensure customer success.
3D-Systems FY2020 revenue was USD $557.2 million. Prior to this, he was Senior Vice-President for Europe and India. Before joining 3D-Systems, Mr Koeck was Managing Director for Europe, Middle East and Africa at Hewlett Packard and Senior Vice-President for the PC and Printing Solution Group.
Titomic Chairman Dr Andreas Schwer, commented: “Herbert is a proven leader with deep additive manufacturing experience, hard core 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 ofTitomic since June 2020where 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.
On behalf of the Board, I would like to thank Norbert for his outstanding contribution as Interim CEO and in particular his great support in defining the new strategic direction of the Company”.
Herbert Koeck commented: “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”.
Titomic Limited (ASX:TTT) is an Australian public company specialising in digital manufacturing solutions for industrial scale metal additive manufacturing using its patented Titomic Kinetic Fusion (TKF) technology.
Ttomic Ltd (ASX: TTT)
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19 May, 4:10 pm GMT+10 · Disclaimer
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