Formlabs names Dan Riccio strategic advisor

Key Takeaways

• Formlabs appoints Dan Riccio, former Apple SVP of Hardware Engineering, as a strategic advisor
• Riccio invests in Formlabs alongside board member Rob Willett
• Max Lobovsky to serve as chairman, Dávid Lakatos named president and joins board of directors
• Formlabs expands its leadership team to drive growth and technology leadership in industrial 3D printing
• The company has annual revenues surpassing $250 million and has printed over 500 million parts across various industries

Introduction to Formlabs' New Era

Formlabs, a leading professional 3D printing company, has announced significant changes to its board of directors and leadership team. The company has appointed Dan Riccio, former senior vice president of Hardware Engineering at Apple, as a strategic advisor. Riccio will advise Formlabs' leadership team on product development, design rigor, and operational scaling as the company expands its footprint in industrial and professional 3D printing.

Dan Riccio's Role and Investment

With decades of experience shaping Apple's hardware, Riccio will bring his expertise to Formlabs. He will oversee the development of new products and technologies, ensuring that Formlabs remains at the forefront of the 3D printing industry. In addition to his advisory role, Riccio is making a personal investment in Formlabs, joining board member Rob Willett, former CEO of Cognex Corporation, who is increasing his own stake in the company.

Leadership Team Updates

The following updates have been made to Formlabs' leadership team:

Company Overview

Formlabs is the largest professional 3D printing company founded since the 1980s, with annual revenues surpassing $250 million. The company has printed over 500 million parts across industries ranging from engineering and manufacturing to healthcare and education. With its headquarters in Somerville, Mass., and offices across the globe, Formlabs is well-positioned for continued growth and expansion.

Bottom Line

Formlabs' appointment of Dan Riccio as a strategic advisor and the updates to its leadership team demonstrate the company's commitment to driving growth and technology leadership in the 3D printing industry. With Riccio's expertise and the company's expanded leadership team, Formlabs is poised to continue innovating and pushing the boundaries of what is possible with 3D printing. As the company continues to expand its manufacturing footprint and grow its industrial 3D printing platform worldwide, it is likely to remain a major player in the industry for years to come.