{"id":758279,"date":"2023-05-11T20:23:16","date_gmt":"2023-05-12T00:23:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/markforged-announces-cfo-transition\/"},"modified":"2023-05-11T20:23:16","modified_gmt":"2023-05-12T00:23:16","slug":"markforged-announces-cfo-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/markforged-announces-cfo-transition\/","title":{"rendered":"Markforged Announces CFO Transition"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Markforged Announces CFO Transition<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Assaf Zipori to Replace Mark Schwartz as Chief Financial Officer<\/i><\/b><\/p>\n<p>WALTHAM, Mass.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMarkforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that Mark Schwartz will be stepping down as Chief Financial Officer, effective May 15th. Schwartz will continue to serve in an advisory role through July 15th to ensure a smooth transition. Assaf Zipori, Markforged\u2019s Senior Vice President of Strategy &amp; Corporate Development, will assume the role of Acting Chief Financial Officer while the company conducts a search for a new Chief Financial Officer.<\/p>\n<p>\n\u201cSince joining Markforged, Mark has made a significant contribution to the company. With his support and leadership, Markforged went public through its merger with <i>one<\/i> in July 2021 and built a high-performing team. He leaves the company in a strong position to continue to execute on our strategic plan, and I wish him all the success in his future endeavors,\u201d said Shai Terem, Markforged\u2019s President and Chief Executive Officer.<\/p>\n<p>\n\u201cIt has been an honor to have helped see Markforged through a period of significant transformation and to build the infrastructure needed to operate as a public company. I\u2019m extremely proud of the entire team at Markforged and look forward to watching the company\u2019s continued success and to supporting Assaf during the transition,\u201d said Mark Schwartz.<\/p>\n<p>\nZipori has deep experience since joining Markforged more than three years ago. He served as Acting Chief Financial Officer from November 2019 through March 2021 and as Markforged\u2019s head of Strategy and Corporate Development since April 2021.<\/p>\n<p>\n\u201cAssaf is well-prepared to support us in this key position, having previously served as Markforged\u2019s Acting CFO and leading our financial team prior to the company\u2019s merger with <i>one<\/i>. He is a pivotal part of our leadership team, and I\u2019m extremely confident that the company is in good hands with Assaf temporarily assuming this expanded role,\u201d said Terem.<\/p>\n<p>\nSchwartz\u2019s departure is not related to any disagreements concerning operating, accounting or financial reporting matters.<\/p>\n<p><b>About Markforged<\/b><\/p>\n<p>\nMarkforged (NYSE:MKFG) is enabling more resilient and flexible supply chains by bringing industrial 3D printing right to the factory floor. Our additive manufacturing platform The Digital Forge allows manufacturers to create strong, accurate parts in both metal and advanced composites. With over 10,000 customers in 70+ countries, we\u2019re bringing on-demand industrial production to the point of need. We are headquartered in Waltham, Mass where we design the hardware, software and advanced materials that makes The Digital Forge reliable and easy to use. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.markforged.com&amp;esheet=53398804&amp;newsitemid=20230511005720&amp;lan=en-US&amp;anchor=www.markforged.com&amp;index=1&amp;md5=8ef7ffc0c08d5c9bbb77d5dcc9df9c73\">www.markforged.com<\/a>.<\/p>\n<p>\nSpecial Note Regarding Forward-Looking Statements<\/p>\n<p>\nThis press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cstrategy,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201congoing,\u201d \u201copportunity\u201d or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although Markforged believes that it has a reasonable basis for each forward-looking statement contained in this press release, Markforged cautions you that these statements are based on a combination of facts and factors currently known by it and its projections of the future, about which it cannot be certain. Forward-looking statements in this press release include, but are not limited to, the effect of the CFO transition on Markforged. Markforged cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, general economic, political and business conditions; the ability of Markforged to maintain its listing on the New York Stock Exchange; the effect of COVID-19 on Markforged\u2019s business and financial results; the outcome of any legal proceedings against Markforged; and those factors discussed under the header \u201cRisk Factors\u201d in Markforged\u2019s most recent periodic and other filings with the SEC. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by us or any other person that Markforged will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this press release represent Markforged\u2019s views as of the date of this press release. Markforged anticipates that subsequent events and developments will cause its views to change. However, while Markforged may elect to update these forward-looking statements at some point in the future, Markforged has no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing Markforged\u2019s views as of any date subsequent to the date of this press release.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230511005720r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230511005720\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230511005720\/en\/<\/a><\/span><\/p>\n<p>\nInvestors<br \/>\n<br \/><b>Austin Bohlig, Director of Investor Relations<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investors@markforged.com\">investors@markforged.com<\/a><\/p>\n<p>\nMedia<br \/>\n<br \/><b>Sam Manning, Principal Public Relations Manager<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:press@markforged.com\">press@markforged.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Engineering Technology Manufacturing Software Other Manufacturing Hardware Steel<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230511005720\/en\/1768967\/3\/Markforged_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Markforged Announces CFO Transition Assaf Zipori to Replace Mark Schwartz as Chief Financial Officer WALTHAM, Mass.&#8211;(BUSINESS WIRE)&#8211; Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that Mark Schwartz will be stepping down as Chief Financial Officer, effective May 15th. Schwartz will continue to serve in an advisory role through July 15th to ensure a smooth transition. Assaf Zipori, Markforged\u2019s Senior Vice President of Strategy &amp; Corporate Development, will assume the role of Acting Chief Financial Officer while the company conducts a search for a new Chief Financial Officer. \u201cSince joining Markforged, Mark has made a significant contribution to the company. With his support and leadership, Markforged went &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/markforged-announces-cfo-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Markforged Announces CFO Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-758279","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Markforged Announces CFO Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/markforged-announces-cfo-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Markforged Announces CFO Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Markforged Announces CFO Transition Assaf Zipori to Replace Mark Schwartz as Chief Financial Officer WALTHAM, Mass.&#8211;(BUSINESS WIRE)&#8211; Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced that Mark Schwartz will be stepping down as Chief Financial Officer, effective May 15th. Schwartz will continue to serve in an advisory role through July 15th to ensure a smooth transition. Assaf Zipori, Markforged\u2019s Senior Vice President of Strategy &amp; Corporate Development, will assume the role of Acting Chief Financial Officer while the company conducts a search for a new Chief Financial Officer. \u201cSince joining Markforged, Mark has made a significant contribution to the company. 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