Avi Reichental, a very well known executive figure in the 3D printing industry will be joining the Board of Directors at Nano Dimension, the NASDAQ listed current technological leader in 3D printed electronics. Reichental served as president, chief executive officer and director at 3D Systems for more than a decade. Under his leadership, 3D Systems emerged as a formidable global 3D-printing provider, growing revenue by more than six-fold and increasing market valuation by more than twelve-fold, before running into rough times – as most other publicly traded 3D printing companies – toward the end of his tenure.
Mr. Reichental currently serves as general partner at OurCrowd First, Israel’s most active early-stage venture fund, focused on seeding and scaling high-tech companies. Additionally, he is the founder, chairman and chief executive officer of XponentialWorks, a venture investment, advisory and product development company.
“Avi disrupted the 3D-printing industry and showed that success comes from challenging the status quo. I am very pleased he is joining our board of directors as we continue to grow Nano Dimension for long-term profitable growth,” said Amit Dror, president and CEO of Nano Dimension. “Avi is an experienced executive, parallel entrepreneur, and visionary. He has relevant and profound global insights into the field of additive manufacturing, that we believe will be immensely valuable to Nano Dimension.”
From 1981 to 2003, Mr. Reichental held senior executive leadership positions with Sealed Air, where he also served as corporate officer for more than a decade. For the past two years, Reichental sat on the board of directors of Harman International, a leading provider of connected products, until its recent acquisition by Samsung Electronics.
“I am excited to join the Nano Dimension Board, and be part of a leading 3D-printing tech company that is disrupting, shaping and defining the future of how electronics are made,” said Mr. Reichental.
In addition, and effective immediately, directors Zvika Yemini and Yoel Yogev have decided to step down from the Company’s Board of Directors. Also-Dagi Shachar Ben Noon has decided to step down from his role as Chief Operating Officer, to pursue new challenges. Mr. Ben Noon will maintain his role as a director on the Company’s board of directors.