Velo3D appoints Brad Kreger as permanent CEO; cites re-alignment success

Velo3D, Inc.

Brad Kreger, interim CEO since Dec 2023, formally appointed permanent CEO effective June 14, 2024.
Board cites strategic re-alignment success: reduced operating expenses 30% YoY, improved system reliability.
$27M in new orders booked from mid-Dec 2023 through Q1 2024; $22M backlog entering Q2 2024.
Reduced Sapphire printer installation time by >40% over last 6 months; resolved 100% high-priority tickets in Q1 2024.

item 5.02 item 7.01 item 9.01

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Appointed

Bradley Kreger

Chief Executive Officer

VELO · Velo3D, Inc.

Effective: 2024-06-14
Filed: June 17, 2024, 7:59 PM ET

On and effective as of June 14, 2024, Velo3D, Inc. (the “Company”) formally appointed Bradley Kreger, a Class III Director of the Company and the Company’s Interim Chief Executive Officer, as the Company’s Chief Executive Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On and effective as of June 14, 2024, Velo3D, Inc. (the “Company”) formally appointed Bradley Kreger, a Class III Director of the Company and the Company’s Interim Chief Executive Officer, as the Company’s Chief Executive Officer.

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Velo3D, Inc. filing history →

Source: SEC EDGAR

accession 0001825079-24-000025

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