ROCK HILL, S.C., Aug. 04, 2026 (GLOBE NEWSWIRE) — 3D Systems (NYSE: DDD), a leadi g p ovide of additive ma ufactu i g solutio s, today a ou ced a leade ship t a sitio pla i which D . Jeff ey G aves will step dow as P eside t a d Chief Executive Office a d eti e f om the Boa d of Di ecto s. To suppo t a seamless t a sitio , D . G aves will co ti ue to se ve as P eside t a d Chief Executive Office u til a successo is appoi ted, which is expected to occu late this yea . Followi g his successo ’s appoi tme t, D . G aves will se ve i a co sulti g capacity fo six mo ths to facilitate a effective t a sitio .
The Boa d of Di ecto s has i itiated a comp ehe sive sea ch p ocess to ide tify the Compa y’s ext P eside t a d Chief Executive Office a d has e gaged a expe ie ced executive sea ch fi m to lead this p ocess. The Boa d emai s focused o adva ci g the Compa y’s st ategic p io ities a d delive i g lo g-te m value fo its sha eholde s.
Si ce joi i g 3D Systems i May 2020, D . G aves has led the Compa y’s t a sfo matio a ou d its Healthca e a d I dust ial busi esses, impleme ted mea i gful cost eductio i itiatives to imp ove ope atio al efficie cy a d fi a cial pe fo ma ce, a d efi ed the Compa y’s st ategic focus o high value g owth ma kets, i cludi g Ae ospace & Defe se, Data Ce te I f ast uctu e, Med Tech, a d De tal. These effo ts helped st e gthe the Compa y’s ma ket positio i g to suppo t its lo g-te m g owth objectives.
“O behalf of the Boa d, I would like to tha k Jeff fo his leade ship a d co t ibutio s to 3D Systems,” said Chip McClu e, Chai ma of the Boa d. “Ove the past seve al yea s, the Compa y has made mea i gful p og ess i st e gthe i g its ope ati g fou datio , sha pe i g its st ategic focus, a d positio i g the busi ess fo lo g-te m p ofitability a d g owth. We a e g ateful fo Jeff’s se vice to the Compa y a d fo his suppo t du i g this t a sitio to e su e a seamless ha doff of leade ship espo sibilities.”
“I am p oud of the p og ess the Compa y has made ove the last six yea s a d g ateful to have had the oppo tu ity to wo k alo gside the tale ted employees of 3D Systems,” said D . G aves. “It has bee a p ivilege to se ve ou custome s a d sha eholde s, a d I am co fide t that the Compa y is well positio ed to build o this fou datio a d capitalize o the exciti g oppo tu ities i the i dust y ahead. I emai fully committed to leadi g the Compa y du i g this time a d suppo ti g a seamless t a sitio .”
The CEO t a sitio a ou ceme t is bei g made i co ju ctio with the Compa y’s elease of its seco d qua te 2026 fi a cial esults. As p eviously a ou ced, the Compa y will host its seco d qua te ea i gs co fe e ce call today at 8:30 a.m. Easte Time.
Fo ea ly 40 yea s, Chuck Hull’s cu iosity a d desi e to imp ove the way p oducts we e desig ed a d ma ufactu ed gave bi th to 3D p i ti g, 3D Systems, a d the additive ma ufactu i g i dust y. Si ce the , that same spa k co ti ues to ig ite the 3D Systems team as we wo k side-by-side with ou custome s to cha ge the way i dust ies i ovate. As a full-se vice solutio s pa t e , we delive i dust y-leadi g 3D p i ti g tech ologies, mate ials a d softwa e to high-value ma kets such as medical a d de tal; ae ospace, space a d defe se; t a spo tatio a d moto spo ts; AI i f ast uctu e; a d du able goods. Each applicatio -specific solutio is powe ed by the expe tise a d passio of ou employees who e deavo to achieve ou sha ed goal of T a sfo mi g Ma ufactu i g fo a Bette Futu e.
Ce tai stateme ts made i this elease that a e ot stateme ts of histo ical o cu e t facts a e fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995 i cludi g stateme ts ega di g the timi g of p oduct lau ches, egulato y app ovals, ma ket oppo tu ities, expected eve ue impact, a d sha eholde value. Fo wa d-looki g stateme ts i volve k ow a d u k ow isks, u ce tai ties a d othe facto s that may cause the actual esults, pe fo ma ce o achieveme ts of the compa y to be mate ially diffe e t f om histo ical esults o f om a y futu e esults o p ojectio s exp essed o implied by such fo wa d-looki g stateme ts. I ma y cases, fo wa d-looki g stateme ts ca be ide tified by te ms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “i te ds,” “a ticipates” o “pla s” o the egative of these te ms o othe compa able te mi ology. Fo wa d-looki g stateme ts a e based upo ma ageme t’s beliefs, assumptio s, a d cu e t expectatio s a d may i clude comme ts as to the compa y’s beliefs a d expectatio s as to futu e eve ts a d t e ds affecti g its busi ess a d a e ecessa ily subject to u ce tai ties, ma y of which a e outside the co t ol of the compa y. The facto s desc ibed u de the headi gs “Fo wa d-Looki g Stateme ts” a d “Risk Facto s” i the compa y’s pe iodic fili gs with the Secu ities a d Excha ge Commissio , as well as othe facto s, could cause actual esults to diffe mate ially f om those eflected o p edicted i fo wa d-looki g stateme ts. Although ma ageme t believes that the expectatio s eflected i the fo wa d-looki g stateme ts a e easo able, fo wa d-looki g stateme ts a e ot, a d should ot be elied upo as a gua a tee of futu e pe fo ma ce o esults, o will they ecessa ily p ove to be accu ate i dicatio s of the times at which such pe fo ma ce o esults will be achieved. The fo wa d-looki g stateme ts i cluded a e made o ly as of the date of the stateme t. 3D Systems u de takes o obligatio to update o eview a y fo wa d-looki g stateme ts made by ma ageme t o o its behalf, whethe as a esult of futu e developme ts, subseque t eve ts o ci cumsta ces o othe wise.
I vesto Co tact:
