Velo3D CEO Buller steps down at Board request; Interim CEO appointed, strategic review launched

Velo3D, Inc.

CEO Benny Buller resigned at Board's request; remains on Board.
Brad Kreger appointed Interim CEO; search for permanent CEO underway.
Board commences strategic business review to explore merger, sale or other alternatives.
Separation agreement: $250k gross severance over 6 months, COBRA, extended option exercise.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Brad Kreger

Interim Chief Executive Officer

VELO · Velo3D, Inc.

Effective: 2023-12-18
Filed: December 15, 2023, 6:59 PM ET

Effective as of December 18, 2023, the Board appointed Brad Kreger, the Company’s Executive Vice President of Operations, as its Interim Chief Executive Officer and principal executive officer.

Departed

Benyamin Buller

Chief Executive Officer

VELO · Velo3D, Inc.

Effective: 2023-12-15
Successor: Brad Kreger
Filed: December 15, 2023, 6:59 PM ET

(b) On December 15, 2023, at the request of the Board of Directors (the “Board”) of Velo3D, Inc. (the “Company”), Benyamin Buller resigned from his position as Chief Executive Officer the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Kreger was appointed as Interim Chief Executive Officer at Velo3D, Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

Effective as of December 18, 2023, the Board appointed Brad Kreger, the Company’s Executive Vice President of Operations, as its Interim Chief Executive Officer and principal executive officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Benyamin Buller resigned as Chief Executive Officer at Velo3D, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

(b) On December 15, 2023, at the request of the Board of Directors (the “Board”) of Velo3D, Inc. (the “Company”), Benyamin Buller resigned from his position as Chief Executive Officer the Company.

View on SEC.gov

Velo3D, Inc. filing history →

Source: SEC EDGAR

accession 0001825079-23-000051

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