Stratasys Announces Retirement of David Reis as CEO

Stratasys Ltd., the 3D printing and additive manufacturing solutions company, today announced that David Reis has decided to step down from his position as the Chief Executive Officer, effective June 30, 2016.

During his tenure as CEO, David Reis led the successful merger and integration of Stratasys and Objet, and oversaw the strong growth that has established Stratasys as an industry leader. Mr. Reis also initiated the company's recent transformation, as it developed a broad, solutions-based business model that targets new manufacturing applications across key vertical markets.

While he has announced his plans to retire as CEO, Mr. Reis will remain a member of the Stratasys board of directors as an Executive Director.

"The board of directors is grateful for David's seven years of service as CEO to Stratasys and Objet," said Elan Jaglom, Stratasys' Chairman of the Board. "David has shown strong dedication to our customers and employees, while guiding the company...