---
schema_version: "secwatch.filing_event.v1"
accession: "0001825079-23-000051"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T12:04:07.210115+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001825079-23-000051
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000051/0001825079-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000051/vld-20231215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825079-23-000051
- JSON: https://secwatch.observer/filing/0001825079-23-000051.json
- Plain text: https://secwatch.observer/filing/0001825079-23-000051.txt

## Key facts
- Executive change
  Brad Kreger was appointed as Interim Chief Executive Officer at Velo3D, Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000051/0001825079-23-000051-index.htm
- Executive change
  Benyamin Buller resigned as Chief Executive Officer at Velo3D, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: (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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000051/0001825079-23-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.