3D Systems disclosed on Tuesday morning, that two company executives have resigned from their positions as Chief Operating Officer and Chief Marketing Officer.
On June 6, 2016, 3D Systems Corporation (the “Company”) and Mark W. Wright agreed that Mr. Wright will resign from his position as the Executive Vice President and Chief Operating Officer of the Company, effective as of the close of business on June 17, 2016.
Additionally, on June 6, 2016, the Company and Cathy L. Lewis agreed that Ms. Lewis will resign from her position as the Executive Vice President and Chief Marketing Officer of the Company, effective as of the close of business on June 10, 2016.
As of the date of this report, no new compensatory or severance arrangements have been entered into in connection with either Mr. Wright’s separation or Ms. Lewis’ separation. Should any such arrangements be entered into in the future, the material terms of such arrangements will be disclosed in a subsequent filing.
Back in April Vyomesh Joshi had been appointed as new Chief Executive Officer, following into the footsteps of Avi Reichental, who stepped down in October last year.