Former Apple SVP invests in Formlabs and appointed strategic advisor
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Formlabs has appointed former Apple Senior Vice President of Hardware Engineering Dan Riccio as a strategic advisor. The company has also announced a series of changes to its Board of Directors, with founder and CEO Max Lobovsky becoming Chairman. It comes as Formlabs positions itself for a 'new phase of growth and technology leadership.' Riccio led Apple's Product Design and Hardware Engineering organisations for decades, overseeing the development of Apple hardware products such as the iPhone, iPad, and Mac. In his new role, Riccio will advise Formlabs' leadership team on 'product development, design rigour, and operational scaling' as the company expands its footprint in industrial and professional 3D printing. He has also invested in Formlabs alongside existing Board member and former Cognex Corporation CEO Rob Willett, who is increasing his stake. "Formlabs has quietly built one of the most complete hardware, software, and materials platforms I've seen outside of a handful of the world's best consumer companies," said Riccio. "The attention to detail in how these systems are engineered, and the ambition to make industrial-grade manufacturing accessible, is exactly the kind of problem I want to spend my time on. I'm excited to invest in that vision and to work with the team as they build it out." "Dan spent a career building some of the most beloved hardware products in...
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