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Stratasys Appoints New CEO



Stratasys Ltd. has appointed Yoav Zeif as the company's new CEO, effective February 18, 2020. Current Interim CEO Elchanan (Elan) Jaglom will continue in his role as Chairman.

"Yoav brings broad, global experience in industry transformation to Stratasys, having served in senior leadership roles for both public and private multi-billion-dollar corporations, leading worldwide operations across industries and professional domains," said a company spokesperson. Zeif was President of the Americas Division, Head of Product Offering and Chief Commercial Officer at Netafim, a micro-irrigation company, from 2013 to 2018. Prior to that, he was Senior Vice President of Products and Marketing at Makhteshim (now Adama Ltd.), a global crop-protection company, where he managed the entire portfolio of products and all global commercial relationships. Since 2018, Zeif has been a partner in the New York office of McKinsey & Company. Zeif obtained an Executive MBA from the Kellogg School of Management at Northwestern University and a Ph.D. in International Economics from Bar-Ilan University.

"Stratasys has led the expansion of the 3D printing industry for more than three decades, but the potential impact of this transformative technology across all industries is just beginning," said Elchanan (Elan) Jaglom, Stratasys Chairman and Interim CEO. "Yoav brings the strong combination of leadership and global operational experience to fuel our next stage of growth. We are confident that as CEO he will advance our offering and further our vision to reshape the world of design, prototyping and manufacturing."

Zeif has an extensive executive management background in leading sales, product, R&D and manufacturing activity in complex competitive environments. At Netafim, he led the global development of an advanced irrigation system that leveraged Internet of Things (IoT) technology and artificial intelligence. He restructured the organization's go-to-market strategy and expanded its coverage through an M&A strategy. He also transformed Netafim's global product offering, digital marketing and Crop Management Technology unit. "With responsibility spanning dozens of global geographies and multiple lines of business, Yoav delivered growth rates significantly higher than the surrounding market," said the spokesperson.

"Stratasys pioneered and continues to power the additive manufacturing (AM) landscape, enabling companies across virtually all industries to build and improve their businesses through 3D printing technology," said Zeif. "In particular, thanks to its outstanding innovations and application engineering, it is clear that Stratasys is poised not only to reshape product development and prototyping but also to transform supply chains and manufacturing through efficiency and personalization. I am excited to be joining the company and its talented and dedicated teams around the world at such a pivotal time."

For more information contact:

Stratasys Ltd.

7665 Commerce Way

Eden Prairie, MN 55344

877-489-9449 / 952-937-3000

info@stratasys.com

www.stratasys.com

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