3D Systems’ (NYSE: DDD) board of directors today named manufacturing CEO veteran Jeffrey Graves as the company’s new president & CEO, effective May 26.
Graves brings 17 years of CEO experience and a proven track record for leading, operating and growing technically complex businesses, according to the Rock Hill, S.C.-based company. Graves replaces Vyomesh Joshi, who announced his retirement in February.
“I am incredibly excited about the opportunity at 3D Systems,” Graves said in a news release. “Digital manufacturing will play a key role in the transformation of manufacturing, and 3D Systems is uniquely positioned with its portfolio of additive manufacturing systems, material science, software and domain expertise to help companies benefit from this transformation.”
Graves joins 3D Systems from MTS Systems, a global supplier of high-performance test, simulation and measurement systems, where he served as CEO for the past 8 years. At MTS, Graves led a company transformation to define and deploy a focused business strategy and streamlined operating model.
“Jeff’s financial and operational discipline and precision are core reasons we chose him for this role,” said 3D Systems board chair Charles McClure. “He has shown that he knows how to organize and focus a business portfolio and streamline an operating model to deliver differentiated solutions to markets.”
Prior to MTS, Graves was CEO of C&D Technologies, a global provider of energy storage products, for 7 years, and served as CEO of KEMET Electronics, a manufacturer of high-performance capacitor solutions, for 3 years. He currently serves on the board of directors of Hexcel, a global manufacturer of advanced composite materials, and Faro, a company that develops and manufactures solutions that enable high-precision 3D capture, measurement and analysis across a variety of industries. He holds a bachelor’s, master’s and doctoral degrees in Metallurgical Engineering and Materials Science.