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Xometry Appoints Sanjeev Singh Sahni As President Reporting To CEO Randy Altschuler

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Xometry (NASDAQ:XMTR) has appointed Sanjeev Singh Sahni as President in a newly created role, reporting to CEO Randy Altschuler. Sahni, former Vice President of B2B E-Commerce and Head of B2B & B2C Sales at Wayfair, will oversee global operations, product, technology, and people teams.

The appointment aims to drive global growth, scale, and operating efficiencies across Xometry's AI-powered marketplace and supplier services. Sahni brings extensive experience in operations, product development, supply chain management, and customer experience, with a strong track record in deploying AI and machine learning solutions.

At Wayfair, Sahni led the multi-billion dollar B2B business and previously established international supply chain capabilities as Head of CastleGate Forwarding. Before Wayfair, he served as an Associate Partner at McKinsey & Company, leading the global Transportation and Logistics practice.

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Positive

  • Strategic hire with proven experience in scaling B2B tech operations
  • Addition of executive with expertise in AI/ML implementation and automation
  • Leadership expansion to drive operational efficiencies
  • Strengthening of management team with supply chain expertise

Negative

  • None.

News Market Reaction 1 Alert

-6.24% News Effect

On the day this news was published, XMTR declined 6.24%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

  • Former Vice President of B2B E-Commerce And Head Of B2B & B2C Sales Of Wayfair Joins Xometry To Continue Driving Global Growth, Scale And Operating Efficiencies
  • Will Oversee Global Operations, Product, People, And Technology, Including Its Leading Marketplace And Suite of Supplier Services
  • Sahni Brings Significant Operations, Product, Technology And Sales Expertise With A Deep Understanding Of Global Supply Chain Management And A Successful Track Record Of Deploying AI/Machine Learning And Automation

NORTH BETHESDA, Md., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Xometry (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced the appointment of Sanjeev Singh Sahni as President, reporting to CEO Randy Altschuler. The former Vice President of B2B E-Commerce and Head of B2B & B2C Sales Of Wayfair, Sahni brings a significant track record in Operations, Product and Technology development, Supply Chain Management, Customer Experience and a wealth of International experience. In this newly created role, Sahni will oversee all aspects of Xometry’s Operations, Product, Technology and People teams worldwide to continue driving global growth, scale and operating efficiencies.

“Sanjeev is a highly regarded executive whose background in helping B2B and B2C tech brands scale will further accelerate our growth initiatives across our global marketplace and suite of supplier services,” said Randy Altschuler, CEO of Xometry. “Throughout his career, Sanjeev has demonstrated a unique ability to integrate technology, processes and people to deliver a unified experience across all customer touchpoints. He has a strong track record deploying AI, machine learning and automation to accelerate product development and drive profitable growth.”

Welcome-Graphic-Sanjeev-Singh-Sahni

“I’ve been following Xometry’s ascent for some time now, and I have admired the company’s growth as it serves a critical area of the global economy,” Sahni said. “Xometry’s growing technology portfolio, which includes its global Marketplace, Supplier Services and suite of software, demonstrates the power of AI to solve the critical supply chain challenges facing customers and suppliers. I look forward to helping Xometry accelerate the introduction of new products that further deliver unmatched value to customers and partners.”

At Wayfair, Sahni held numerous global roles, including Head of Customer Experience, and, most recently, as the Vice President of B2B E-Commerce, Wayfair’s multi-billion dollar B2B business, and Head of B2B & B2C Sales. He was recruited to the company to establish its international supply chain capabilities and served as the Head of CastleGate Forwarding, Wayfair’s digital freight forwarding arm. Prior to Wayfair, Sahni served as an Associate Partner at McKinsey & Company, where he helped lead the firm’s global Transportation and Logistics practice advising Fortune 500 companies, governmental agencies and industry associations.

Xometry’s two-sided AI-powered marketplace plays a vital role in the rapid digital transformation of the manufacturing industry. Xometry’s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps companies create resilient supply chains. Xometry’s product portfolio includes its industry leading digital marketplace; popular Thomasnet® industrial sourcing platform, and cloud-based tools and centralized project management software for large, mission-critical projects.

About Xometry
Xometry’s (NASDAQ:XMTR) AI-powered marketplace, popular Thomasnet® industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at www.xometry.com or follow @xometry.

Contacts
Investors:
Shawn Milne
VP, Investor Relations
240-335-8132
Shawn.Milne@xometry.com

Media:
Matthew Hutchison
Chief Communications Officer
Matthew.Hutchison@xometry.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8312b795-a9eb-42ec-a301-e7399a383219.


FAQ

What is Sanjeev Singh Sahni's role at Xometry (XMTR)?

Sanjeev Singh Sahni has been appointed as President of Xometry, reporting to CEO Randy Altschuler. He will oversee global operations, product, technology, and people teams worldwide.

What was Sahni's previous position before joining XMTR?

Before joining Xometry, Sahni was Vice President of B2B E-Commerce and Head of B2B & B2C Sales at Wayfair, where he led their multi-billion dollar B2B business.

How will Sahni's appointment impact Xometry's (XMTR) operations?

Sahni's appointment is expected to accelerate growth initiatives across Xometry's global marketplace and supplier services, leveraging his expertise in AI, machine learning, and automation to drive operational efficiencies.

What experience does Sahni bring to Xometry (XMTR)?

Sahni brings significant experience in operations, product development, supply chain management, and customer experience, including roles at Wayfair and McKinsey & Company where he led the global Transportation and Logistics practice.
Xometry, Inc.

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