leadership
confidence high
sentiment neutral
materiality 0.30
3D Systems enters consulting pacts with departing EVPs Johnson and Ellis
3D SYSTEMS CORP
- Andrew M. Johnson resigned as EVP/CLO/Secretary effective Apr 30, 2024, now consulting at $250/hr up to 20 hrs/week through Dec 31, 2024.
- Menno Ellis's EVP Healthcare Solutions role eliminated in restructuring; his entity The Kaminda Group to consult at $375/hr, max 640 hrs through Dec 31, 2024.
- Both consulting agreements are in addition to previously disclosed separation/severance payments due to each executive.
- Consulting services involve executive transition support to the CEO on an as-needed basis.