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Shapeways Strengthens Team to Support Growth Strategies
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
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Rhea-AI Summary
Shapeways (NYSE: SHPW) has announced enhancements to its leadership team to support its strategic growth priorities in the digital manufacturing sector. CEO Greg Kress outlined four key areas of focus: expanding additive manufacturing capabilities, targeting middle-market and enterprise customers, incorporating traditional manufacturing processes, and commercializing software. The company has appointed new senior leaders in various roles, while Chief Revenue Officer Miko Levy will resign on July 15, 2022. Shapeways aims to capture growing demand for digital manufacturing solutions with this strengthened team.
Positive
Strengthened senior leadership team to support strategic growth priorities.
Focus on expanding additive manufacturing and targeting enterprise customers.
Negative
Resignation of Chief Revenue Officer may impact sales strategies during transition.
NEW YORK--(BUSINESS WIRE)--
Shapeways, Inc. (NYSE: SHPW) (“Shapeways”) a leader in the large and fast-growing digital manufacturing industry, announced today that it has further strengthened its team as it continues to execute on its strategic growth priorities.
“We remain focused on four key strategic priorities in order to drive our long-term growth,” said Greg Kress, Shapeways’ Chief Executive Officer. “These include ongoing expansion of our additive manufacturing capabilities, executing a comprehensive go-to-market strategy with a focus on middle-market and enterprise customers, expanding our manufacturing services to include more traditional manufacturing processes, and commercializing our software. To support these priorities and help accelerate our growth plan, we have continued to strengthen the Shapeways team by adding several new members to Senior Leadership across the company who each bring relevant skills and expertise to help achieve our growth objectives. With our enhanced team, we are even more confident in our ability to capture the growing demand for digital manufacturing solutions over time.”
The Shapeways senior leadership team has been expanded to include the following roles: Chief Operating Officer, General Counsel, and Senior functional leadership positions in Product, Sales Operations, Marketing, and Finance. These roles are focused on deepening the senior leadership team and supporting the execution of our strategic growth plan.
Additionally, Miko Levy, Chief Revenue Officer, has resigned to pursue other opportunities, and will be with the Company through July 15th, 2022 to help ensure a smooth transition. Going forward, Sales and Marketing Senior Leadership will report directly to CEO Greg Kress.
Mr. Kress continued, "Miko has contributed to our growth in many ways during his tenure with us. On behalf of the entire Shapeways team, I want to thank him for his hard work and wish him all the best."
About Shapeways
Shapeways is a leader in the large and fast-growing digital manufacturing industry combining high quality, flexible on-demand manufacturing powered by purpose-built proprietary software which enables customers to rapidly transform digital designs into physical products, globally. Shapeways makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process, and by providing a broad range of solutions utilizing 11 additive manufacturing technologies and approximately 100 materials and finishes, with the ability to easily scale new innovation. To date, Shapeways has delivered over 23 million parts to 1 million customers in over 180 countries. To learn more, please visit https://www.shapeways.com.
What recent changes have been made to Shapeways' leadership team?
Shapeways has expanded its leadership team by adding new senior roles and announced the resignation of Chief Revenue Officer Miko Levy.
What are Shapeways' strategic priorities for growth?
Shapeways is focusing on expanding additive manufacturing capabilities, targeting middle-market and enterprise customers, incorporating traditional manufacturing, and commercializing its software.
When will Miko Levy leave Shapeways?
Miko Levy will remain with Shapeways until July 15, 2022, to ensure a smooth transition.
What is the significance of the leadership changes at Shapeways?
The leadership changes aim to enhance Shapeways' ability to execute its strategic growth plan and meet the increasing demand for digital manufacturing solutions.
