Markforged Announces Changes to the Board of Directors
05 Junio 2023 - 3:30PM
Business Wire
- Aaron VanDevender appointed to the Board of Directors to
replace Kevin Hartz
- Board Chairman Alan Masarek appointed to the Compensation
Committee
Markforged Holding Corporation (NYSE: MKFG), the company
strengthening manufacturing resiliency by enabling industrial
production at the point of need, today announced the appointments
of Aaron VanDevender to the Board of Directors and Board Chairman
Alan Masarek to the Compensation Committee. Additionally, Kevin
Hartz announced his resignation and amicable departure from the
Board of Directors.
“Thanks to Kevin, Markforged was able to get access to public
capital markets and fund its accelerated innovation efforts. Over
the last two years Kevin also helped us navigate through a
challenging macroenvironment while prioritizing the organic and
inorganic R&D investments that are powering our preparations
for the biggest launch of products in our history. I am grateful to
Kevin for lending his keen insight and unwavering support to
Markforged since joining the Board. I wish him the best of luck in
his future endeavors,” said Shai Terem, Markforged’s President and
Chief Executive Officer.
Alan Masarek, Chairman of the Board commented, “On behalf of
Markforged, we thank Kevin for all of his contributions to the
Company and wish Aaron a warm welcome to the Board.”
Terem added, “We are truly delighted to have Aaron join the
Board at this pivotal time for Markforged. His deep understanding
of foundational technology and proven ability from his time as
Chief Scientist of the Founders Fund to identify products that can
disrupt entire industries complements our existing Board. I look
forward to having his insight and guidance to help Markforged
execute our strategic plan.”
Hartz’s departure is not related to any disagreements concerning
operating, accounting or financial reporting matters.
About Markforged
Markforged (NYSE:MKFG) is enabling more resilient and flexible
supply chains by bringing industrial 3D printing right to the
factory floor. Our additive manufacturing platform The Digital
Forge allows manufacturers to create strong, accurate parts in both
metal and advanced composites. With over 10,000 customers in 70+
countries, we’re bringing on-demand industrial production to the
point of need. We are headquartered in Waltham, Mass where we
design the hardware, software and advanced materials that makes The
Digital Forge reliable and easy to use. To learn more, visit
www.markforged.com.
Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are
based on beliefs and assumptions and on information currently
available. In some cases, you can identify forward-looking
statements by the following words: “may,” “will,” “could,” “would,”
“should,” “expect,” “intend,” “plan,” “strategy,” “anticipate,”
“believe,” “estimate,” “predict,” “project,” “potential,”
“continue,” “ongoing,” “opportunity” or the negative of these terms
or other comparable terminology, although not all forward-looking
statements contain these words. These statements involve risks,
uncertainties and other factors that may cause actual results,
levels of activity, performance or achievements to be materially
different from the information expressed or implied by these
forward-looking statements. Although Markforged believes that it
has a reasonable basis for each forward-looking statement contained
in this press release, Markforged cautions you that these
statements are based on a combination of facts and factors
currently known by it and its projections of the future, about
which it cannot be certain. Forward-looking statements in this
press release include, but are not limited to, the effect of the
Board of Directors transition on Markforged and the timing and
impact of any product launches by Markforged. Markforged cannot
assure you that the forward-looking statements in this press
release will prove to be accurate. These forward looking statements
are subject to a number of risks and uncertainties, including,
among others, general economic, political and business conditions;
the ability of Markforged to maintain its listing on the New York
Stock Exchange; the effect of COVID-19 on Markforged’s business and
financial results; the outcome of any legal proceedings against
Markforged; and those factors discussed under the header “Risk
Factors” in Markforged’s most recent periodic and other filings
with the SEC. Furthermore, if the forward-looking statements prove
to be inaccurate, the inaccuracy may be material. In light of the
significant uncertainties in these forward-looking statements, you
should not regard these statements as a representation or warranty
by us or any other person that Markforged will achieve its
objectives and plans in any specified time frame, or at all. The
forward-looking statements in this press release represent
Markforged’s views as of the date of this press release. Markforged
anticipates that subsequent events and developments will cause its
views to change. However, while Markforged may elect to update
these forward-looking statements at some point in the future,
Markforged has no current intention of doing so except to the
extent required by applicable law. You should, therefore, not rely
on these forward-looking statements as representing Markforged’s
views as of any date subsequent to the date of this press
release.
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version on businesswire.com: https://www.businesswire.com/news/home/20230605005718/en/
Investors Austin Bohlig, Director of Investor Relations
investors@markforged.com Media Sam Manning, Principal Public
Relations Manager press@markforged.com
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