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Thursday, December 14, 2017 10:44:35 AM
3D Printing Business: Inside GE Additive
3D Printing Business: Inside GE Additive - Dec 12, 2017
Another aspect of business operations that we talked about focused more on the acquired companies’ integration under the GE Additive umbrella. While I recently talked with Concept Laser’s CEO about his views on the relationship, last week Arcam announced the pending departures of its CEO and CFO.
“I have tremendous respect for Magnus [René, CEO] and Johan [Brandt, CFO and Deputy CEO],” Ehteshami began.
“They came to the board and requested to do something else. To the best of my knowledge, there was no disagreement at all. This was a decision by Arcam, not GE. Our relationship is very positive and we wish them well. The board of Arcam will name their replacements in due time.”
I asked if the resignations were a surprise: “Not really.”
“We always see some movement when acquiring companies. I won’t expect [new appointments] to be too long in coming. Integration is always good, we are all always learning. Arcam is a public company, and the board will decide and announce the next steps,” he said.
Mohammad Ehteshami in front of a room housing Arcam and Concept Laser equipment
3D Printing Business: Inside GE Additive - Dec 12, 2017
Another aspect of business operations that we talked about focused more on the acquired companies’ integration under the GE Additive umbrella. While I recently talked with Concept Laser’s CEO about his views on the relationship, last week Arcam announced the pending departures of its CEO and CFO.
“I have tremendous respect for Magnus [René, CEO] and Johan [Brandt, CFO and Deputy CEO],” Ehteshami began.
“They came to the board and requested to do something else. To the best of my knowledge, there was no disagreement at all. This was a decision by Arcam, not GE. Our relationship is very positive and we wish them well. The board of Arcam will name their replacements in due time.”
I asked if the resignations were a surprise: “Not really.”
“We always see some movement when acquiring companies. I won’t expect [new appointments] to be too long in coming. Integration is always good, we are all always learning. Arcam is a public company, and the board will decide and announce the next steps,” he said.
Mohammad Ehteshami in front of a room housing Arcam and Concept Laser equipment
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