Tech & Science 3-D Techniques Names Jagtar Narula as New CFO NYSE:DDD

3-D Techniques Names Jagtar Narula as New CFO NYSE:DDD

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Jagtar Narula

Jagtar Narula Photo

Leader Monetary Officer, 3-D Techniques

ROCK HILL, S.C., Aug. 26, 2020 (GLOBE NEWSWIRE) — 3-D Techniques (NYSE:DDD) introduced these days that Jagtar Narula will sign up for the corporate as Govt Vice President and Leader Monetary Officer, efficient September 14. He’ll report back to President and CEO, Dr. Jeffrey Graves, and lead the corporate’s Finance group, together with all finance operations and investor members of the family.  With a robust technical basis and intensive revel in in funding technique, Jagtar will play a central position in capital deployment for expansion and margin enlargement.

Development upon a robust instructional basis in each Engineering and Finance, Mr. Narula brings to 3-D Techniques 28 years of modern monetary and industry management, together with intensive M&A revel in in addition to main international transformations via each integration of acquisitions and selective divestitures.  These days, he’s SVP Company Technique and Industry Building for Blackbaud Company the place he additionally prior to now led Investor Family members and Monetary Making plans.  Previous to that, Mr. Narula had finance management positions of accelerating accountability at Xerox, GE and with non-public fairness.  He holds an MBA from The Wharton College of the College of Pennsylvania in addition to an Engineering level from the College of New York at Buffalo.

“I’m excited to have a pace-setter of Jagtar’s revel in sign up for our group at such the most important time for our corporate,” mentioned Dr. Graves. “Jagtar’s revel in in main era firms with complicated transformations and large-scale potency enhancements might be precious as we transition to our new focal point, align our group and price construction to our present revenues, and place ourselves for sustained expansion and profitability within the years forward.  I wish to upload a unique word of due to Wayne Pensky for serving as our Meantime CFO, permitting us to transport temporarily to restructure the industry and get ready for an exhilarating long term forward.  Wayne will toughen Jagtar to verify a easy transition in Finance management for the corporate.”

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Ahead-Having a look Statements
Positive statements made on this unlock that aren’t statements of historic or present info are forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements contain identified and unknown dangers, uncertainties and different elements that can purpose the real effects, efficiency or achievements of the corporate to be materially other from historic effects or from any long term effects or projections expressed or implied via such forward-looking statements. In lots of circumstances, ahead shopping statements can also be recognized via phrases similar to “believes,” “trust,” “expects,” “might,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the adverse of those phrases or different similar terminology. Ahead-looking statements are based totally upon control’s ideals, assumptions and present expectancies and might come with feedback as to the corporate’s ideals and expectancies as to long term occasions and developments affecting its industry and are essentially matter to uncertainties, lots of which can be out of doors the regulate of the corporate. The criteria described below the headings “Ahead-Having a look Statements” and “Chance Components” within the corporate’s periodic filings with the Securities and Alternate Fee, in addition to different elements, may just purpose exact effects to vary materially from the ones mirrored or predicted in forward-looking statements. Even supposing control believes that the expectancies mirrored within the forward-looking statements are affordable, forward-looking statements aren’t, and must no longer be relied upon as a ensure of long term efficiency or effects, nor will they essentially end up to be correct indications of the days at which such efficiency or effects might be accomplished. The forward-looking statements incorporated are made handiest because the date of the remark. 3-D Techniques undertakes no legal responsibility to replace or evaluation any forward-looking statements made via control or on its behalf, whether or not because of long term traits, next occasions or instances or in a different way..

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About 3-D Techniques
Greater than 30 years in the past, 3-D Techniques introduced the innovation of 3-D printing to the producing trade. Nowadays, because the main Additive Production answers spouse, we deliver innovation, efficiency, and reliability to each interplay – empowering our shoppers to create merchandise and industry fashions by no means ahead of imaginable. Due to our distinctive providing of {hardware}, instrument and fabrics, each and every application-specific resolution is powered via the experience of our software engineers who collaborate with shoppers to develop into how they ship their services. 3-D Techniques’ answers cope with various complicated programs in Healthcare and Business markets similar to Clinical and Dental, Aerospace & Protection, Car and Sturdy Items. Additional info at the corporate is to be had at www.3dsystems.com.

Investor Touch:   investor.members of the [email protected]
Media Touch:      [email protected]

A photograph accompanying this announcement is to be had at https://www.globenewswire.com/NewsRoom/AttachmentNg/b25126c6-b3ce-466f-8e08-99b029eaee25

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