After the re-election of all director nominees to the Nano Dimension Board at its AGM in September 2023, and the stepping down of CEO Yoav Stern from the function of Chairman, the corporate has introduced Dr. Yoav Nissan-Cohen as the brand new Chairman of the Board. Yoav Stern will proceed as Chief Govt Officer and Director.
Nissan-Cohen was appointed to the Nano Dimension Board in December 2022, after serving as CEO at firms akin to Tower Semiconductor and Amimon.
Stern stated: “We’ve thought-about suggestions from our shareholders, in addition to the suggestions of governance specialists, ISS and Glass Lewis, and we’ve got determined to make modifications to our Board that we consider will evolve and improve our company governance. As we transfer into the following part of executing our strategic plan, separating the Chairman and CEO roles is a vital step in strengthening Nano’s governance practices and growing impartial oversight by the Board.
“We stay dedicated to sustaining the proper steadiness of sturdy and constant management to information Nano within the years forward, whereas delivering worth for our shareholders.”
Dr. Nissan-Cohen added: “I’m assured in Nano, and I stay up for working with Yoav, my fellow Board members and the administration crew as we proceed to execute Nano’s technique and drive worth for shareholders.”
CEO Yoav Stern introduced his intention to step down from his function as Chairman previous to the September 7 AGM, in addition to asserting that he would additionally resign as CEO if Nano’s largest shareholder Murchinson gained illustration on the Board from the vote on the director nominees.
Nano Dimension, as the biggest shareholder in Stratasys with 14.1% of atypical shares within the firm, introduced on September 14 its intention to vote in opposition to the proposed merger with Desktop Metallic.
Learn extra:
Stratasys’ largest shareholder Nano Dimension to vote in opposition to Desktop Metallic merger
Nano Dimension shareholders re-elect all firm director nominees at 2023 AGM
Murchinson releases investor presentation outlining “want for boardroom change” at Nano Dimension.
