3D Systems CFO Jagtar Narula resigns; Wayne Pensky named interim CFO; FY2022 guidance reaffirmed

3D SYSTEMS CORP

Jagtar Narula resigns as EVP & CFO effective May 20, 2022 to pursue another opportunity.
Wayne Pensky (former Hexcel CFO) appointed Interim CFO from May 21, 2022.
Pensky to receive $40,000/month plus $100,000 in immediate-vest RSU at end of term.
Company reiterates FY2022 revenue guidance of $570M–$630M, non-GAAP gross margin 40–44%.
Non-GAAP operating expense guidance remains $225M–$250M for FY2022.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jagtar Narula

Executive Vice President and Chief Financial Officer

DDD · 3D SYSTEMS CORP

Effective: 2022-05-20
Successor: Wayne Pensky
Filed: April 26, 2022, 7:59 PM ET

On April 21, 2022, Jagtar Narula notified 3D Systems Corporation (the “Company”) of his resignation as Executive Vice President and Chief Financial Officer of the Company, effective May 20, 2022, to accept a new career opportunity.

Appointed (interim)

Wayne Pensky

Interim Chief Financial Officer

DDD · 3D SYSTEMS CORP

Effective: 2022-05-21
Filed: April 26, 2022, 7:59 PM ET

On April 22, 2022, the Company engaged Wayne Pensky as the Company’s Interim Chief Financial Officer, effective May 21, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jagtar Narula resigned as Executive Vice President and Chief Financial Officer at 3D SYSTEMS CORP.

Action: resigned
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On April 21, 2022, Jagtar Narula notified 3D Systems Corporation (the “Company”) of his resignation as Executive Vice President and Chief Financial Officer of the Company, effective May 20, 2022, to accept a new career opportunity.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Wayne Pensky was appointed as Interim Chief Financial Officer at 3D SYSTEMS CORP.

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On April 22, 2022, the Company engaged Wayne Pensky as the Company’s Interim Chief Financial Officer, effective May 21, 2022.

View on SEC.gov

3D SYSTEMS CORP filing history →

Source: SEC EDGAR

accession 0001171843-22-002778

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