Formlabs Overhauls Board with New Leadership and Strategic Advisor
Formlabs appoints Apple's Dan Riccio as strategic advisor and investor, while co-founder Natan Linder steps down after 15 years.
Formlabs, a provider of professional SLA and SLS 3D printing systems, has announced a major board restructuring, including the appointment of Dan Riccio, former Senior Vice President of Hardware Engineering at Apple, as a strategic advisor and investor. Riccio, who oversaw hardware development for products like the iPhone, iPad, and Mac, will advise on product development, design rigor, and operational scaling as the company expands into industrial and professional additive manufacturing.
The reshuffle also saw Maxim Lobovsky, co-founder and CEO, move to Chairman, while Dávid Lakatos, Chief Product Officer, was named President and joined the board. Natan Linder, co-founder, stepped down after 15 years but will remain an advisor. Nadia Shouraboura, a board director since 2022, was appointed Lead Director, bringing her experience from Amazon’s executive leadership team.
In addition, Chinese investment fund Concord AM Capital became a strategic investor in Formlabs, signaling the company’s growing presence in the APAC region. This follows the expansion of Formlabs’ Shenzhen office and previous investments from Shenzhen Capital Group.
Formlabs’ leadership changes reflect a strategic shift toward industrial-scale manufacturing and global expansion. The addition of Riccio and experienced board members signals a focus on operational rigor and scalability, aligning with broader trends in additive manufacturing’s push toward industrial applications and global market penetration.
Edited by the news editor with AI from the original report — please refer to the original source.