Ex-GE Chairman & CEO joins Desktop Metal’s Board of Directors
July 10, 2018
Jeffrey Immelt, former Chairman and CEO of General Electric, has been elected to the Board of Directors of Desktop Metal, Burlington, Massachusetts, USA. Immelt brings with him more than forty years of technology and business experience, and said of his election to the board, “I am excited and honoured to join the Desktop Metal board and work with this exceptional team of visionary entrepreneurs.”
Ric Fulop, Desktop Metal’s Founder and CEO, stated, “On behalf of Desktop Metal’s directors and entire team, it’s an honour to welcome Jeff to our board. In addition to his experience leading one of the largest and most admired companies in the world, Jeff is a respected executive with a passion for technology and innovation. His track record for driving creativity and on a global scale makes him a valuable addition to the board as we continue to drive Desktop Metal’s innovation and growth strategy.”
Founded in 2015, Desktop Metal offers two metal Additive Manufacturing systems – the Studio System™ for rapid prototyping and the Production System™ for series production of metal AM parts at scale. Using its proprietary Single Pass Jetting (SPJ) technology, the Production System is said to be 100 x faster than currently available laser-based AM systems.
“Since it was founded nearly three years ago, Desktop Metal has become a trailblazer across the Additive Manufacturing landscape and I have a tremendous respect for the company’s ability to innovate,” Immelt added. “I look forward to sharing my experiences and contributing to the future direction and growth of this emerging metal 3D printing pioneer.”