Stratasys Ltd. was formed in 2012 by the merger of Stratasys Inc. and Objet Ltd. The company manufactures 3D printers and materials that create prototypes and manufactured goods directly from 3D CAD files or other 3D content. The company’s 3D printers are based on patented FDM® and PolyJet® technologies.
Stratasys systems are used by manufacturers to create models and prototypes to aid in the new product design process. And they are becoming widely used for production of finished goods in low-volume manufacturing. Systems range from affordable desktop 3D printers to large production systems for direct digital manufacturing.
The FDM process creates parts by extruding molten thermoplastic in fine layers to build the part layer by layer. The PolyJet process also creates parts by building in layers but employs an ink jet style jetting process to apply photopolymers in fine layers and simultaneously cures them with ultraviolet light.
Stratasys also manufactures Solidscape 3D Printers and operates the RedEye On Demand digital manufacturing service. The company has over 1000 employees and holds over 500 granted or pending additive manufacturing patents globally. The company’s range of 120 3D printing materials is the widest in the industry and includes over 100 proprietary PolyJet photopolymer materials and 10 proprietary FDM-based thermoplastic materials.
Through its network of certified, value added resellers and distributors, Stratasys delivers responsive, regional support around the globe. The company maintains dual headquarters in Minneapolis, Minn. and Rehovot, Israel. Stratasys is a public company that trades on the NASDAQ stock exchange under the symbol SSYS.
Stratasys Senior Management Team
Chief Executive Officer
David Reis served as Chief Executive Officer of Objet from March 2009 until his appointment to CEO of Stratasys Ltd. in December 2012. Prior to his appointment as Objet CEO he served as a director of Objet's board since 2003. Previously, he has served as Chief Executive Officer and President of NUR Macroprinters, Ltd., or NUR, a wide format printer manufacturer that was acquired by HP, from February 2006 to March 2008. Prior to joining NUR, Mr. Reis served as the Chief Executive Officer and President of ImageID, an automatic identification and data capture solution provider, and of Scitex Vision, a developer and manufacturer of wide-format printers.
Mr. Reis holds a B.A. in Economics and Management from the Technion/Israel Institute of Technology and an M.B.A. from the University of Denver.
Chief Operations Officer, Israel and Chief Financial Officer
Erez Simha has served as Chief Operations Officer and Chief Financial Officer of Objet since November 2011, and he serves as CFO for Stratasys Ltd. Previously he has held the position of Corporate Vice President and Chief Financial Officer of Orbotech Ltd., a developer of automated optical inspection systems and imaging solutions, from July 2009 to March 2011, prior to which he had served in several other capacities at Orbotech and its affiliates, including as Corporate Vice President for Finance from September 2008 to June 2009, Vice President of Finance and Operations at Orbotech Pacific Ltd. from April 2007 to August 2008 and Vice President of Finance, Operations and Customer Support at Orbotech S.A. from May 2004 to March 2007. Prior to joining Orbotech, Mr. Simha served as Chief Financial Officer of Wiseband Communications Ltd., a developer of digital multi-carrier power amplifiers for the wireless communications industry, from 2000 to 2004; as the general manager of a private company engaged in the import and distribution of professional and technical equipment for the building and metal industries from 1994 to 2000; and as a controller of Mishkan-Hapoalim Mortgage Bank, from 1990 to 1994.
Mr. Simha is a certified public accountant and holds a B.A. in economics and accounting and an M.B.A. from Tel Aviv University.
Thomas W. Stenoien
Chief Operations Officer, North America
Tom Stenoien was appointed Chief Operating Officer of Stratasys in March 2005, and will continue as Chief Operating Officer in North America. He served as Chief Financial Officer from May 1997 to March 2005, and he served as Executive Vice President of Stratasys from 2001 to March 2005 and Secretary since 1999. Stenoien joined Stratasys in February 1993 as controller and has also served as director of finance.
Executive Vice President, Global Field Operations
Gilad Gans has served as Executive Vice President of Sales, Marketing and Business Development for Objet since 2009 and he serves as Executive Vice President of Global Field Operations for Stratasys Ltd. Prior to this Mr. Gans has held various senior management positions at SAP. Most recently Gans was SAP Israel Managing Director, and Vice President, Head of Public Services Industry, EMEA. Prior to SAP, Gans has held a number of business development, strategy and general management positions in top holding and consumer goods companies.
Gans holds a B.Sc. in Computer Sciences and Economics and is a certified lawyer, with a Bachelor of Law (LL.B), all from Tel Aviv University. He also holds a Masters degree in Economics (Cum Laude) from the Hebrew University and has attended the Regional Management Development Program (RMDP), INSEAD.
Lawrence M. Doerr
Executive Vice-President, Engineering & Operations
Larry Doerr came to Stratasys in 2007 with 24 years of operations and engineering experience, including positions as Vice President of Manufacturing Operations at Minnesota Diversified Industries, Vice President of Operations at Nilfisk-Advance, and Director of Global Supply Chain Management at Rosemount Engineering where he led supplier/vendor relationships in the U.S., Europe, Asia, and Mexico. Doerr also has worked as Design and Reliability Engineer at Northrop Corporation, Sr. Mechanical Design Engineer at Honeywell, and Director of Manufacturing at Detector Electronics.
He holds a B.S. in mechanical engineering from the University of Minnesota and an M.B.A. from the University of St. Thomas.
Executive Vice President, Products
Ofer Shochet has served as Objet’s Executive Vice President, Products, where he led product R&D since 2009, and serves as Executive Vice President Products of Stratasys Ltd. Previously, he owned Acton Ltd., where he provided consulting services for high-tech companies in the field of unstructured data analytics and new company incubation. This followed six years at Verint Systems (Nasdaq:VRNT), where he built the corporate technology group and was instrumental in creating multiple internal startups. Ofer joined Objet with extensive experience in developing new technologies and products.
Ofer holds a PhD and MSc in Physics, and an MBA, all from Tel Aviv University.
Jonathan L. Cobb
Executive Vice President, Marketing
Jon Cobb has served as Vice President, Global Marketing at Stratasys from 2010 to 2012 and will continue as Executive Vice President, Global Marketing of Stratasys Ltd. Cobb has also held the position of Vice President and General Manager for the Dimension 3D printing business unit of Stratasys, since January of 2002. Cobb joined the company as Vice President of Marketing in August of 1995. Before joining the company, he served as Vice President of Sales and Marketing for Westec Security, Inc., and he has held various management-level sales and marketing positions with Lockheed Martin’s Calcomp Division.
Cobb received a B.S. from the University of Wisconsin, Madison.
Executive Vice President, Business Development & Strategic Marketing
Dan Yalon served as EVP Strategic Marketing & Business Development for Objet since June 2012. He is responsible for strategy planning, M&A, Strategic alliances & all corporate business development as well as for the company’s incubation initiatives and thought leadership programs for Stratasys Ltd. Previously, Mr. Yalon was Chief Strategy Officer at NICE Systems. And prior to this, he served as Head of Strategy & New Business Initiatives at Amdocs.
Yalon is a graduate of Harvard Business School’s executive education program – AMP and holds a dual B.A. in Business and LL.B (Law) degree from the Hebrew University in Jerusalem.
Corporate VP, Global Customer Support
Hanoch Magid has served as the Vice President of Customer Support at Objet since 2008 and will serve as Global Vice President Customer Support of Stratasys Ltd. Previously, he held managerial, sales and marketing positions at MER Telemanagement Solutions Ltd., and was the Chief Operating Officer at XCITEL and CELLONET, following several managerial positions at Scitex.
Mr. Magid holds a M.Sc. in Mechanical Engineering from Ben Gurion University in Israel.
Corporate VP, Global Human Resources
Itzik Arbesfeld has lead Objet human resources department since 2009 and serves now as Global Vice President Human Resources for Stratasys Ltd. Previously, he served as Vice President of Human Resources and Operations at 013-NetVision, and held similar roles at HUR Macroprinters and Soda-Club.
Mr. Arbesfeld received his B.A. in Political Science and studied for an M.A. in Labor Studies at Tel Aviv University.
Stratasys Board of Directors
S. Scott Crump
Chairman of the Board
Scott Crump has served as the Chairman of the Board since Stratasys' inception in 1988. He continues as full-time Chairman and Head of Innovation for Stratasys Ltd. He has also held the position of company CEO and president from 1988 to 2012. He was Chief Financial Officer from February 1990 to May 1997. Crump along with his wife Lisa H. Crump, a co-founder of Stratasys, invented Fused Deposition Modeling (FDM) technology.
From 1982 to 1988, Crump was co-founder and Vice President of Sales at IDEA, Inc., which later changed its name to SI Technologies, Inc. Crump continued to be a director and shareholder of the company until its sale to Vishay Intertechnologies, Inc. (NYSE: VSH) in April 2005. Crump is a registered engineer.
Director and Chairman of the Executive Committee
Elchanan Jaglom has served as Chairman of Objet’s board of directors from 2001 to 2012, and he will continue on the board of Stratasys Ltd., as well as serve as Chairman of the Executive Committee. Mr. Jaglom is also the Chairman of Diamond Capital Management Ltd., the investment manager of the Diamond Group of investment funds. Jaglom has been involved in private equity and venture capital investment since the early 1980’s, focusing primarily on early-stage technology companies. He is currently a member of the Board of Trustees of the Tel Aviv Museum of Art and the Ben Gurion University of the Negev.
He holds a bachelor’s degree in economics and statistics from the Hebrew University in Jerusalem and an M.B.A. from New York University.
Eyal Desheh has served as Chief Financial Officer of Teva Pharmaceutical Industries Ltd., a global pharmaceutical and drug company, since July 2008. From 2000 until 2008, he served as Executive Vice President and Chief Financial Officer of Check Point Software Technologies Ltd., a developer of security solutions to protect transactions and communications over the Internet.
Mr. Desheh holds a B.A. in Economics and an M.B.A. in Finance, both from the Hebrew University in Jerusalem.
Edward J. Fierko
Edward J. Fierko has been a director of Stratasys since 2002. Since May 2003, Fierko has been President of EJF Associates, a consulting firm. From March 2003 to May 2003, Fierko was Vice President of GE Osmonics, Inc., a manufacturer of reverse osmosis water filtration devices. From November 1999 through February 2003, he served as President and Chief Operating Officer of Osmonics, and from November 1998 to September 1999 he served as Executive Vice President of Osmonics. From September 1987 to August 1998, Fierko was President and CEO of Ecowater International, a holding company with operating companies in the water, waste and special process treatment industry. From August 1980 thru September 1987 Fierko served as Division General Manager of a GE Business serving worldwide power systems management markets. Prior to that, Fierko held senior executive positions at GE over a 23 year career in Finance, Strategy and Business Development, Marketing and Sales involved in worldwide businesses.
In addition to serving on the Stratasys Board, since 2011, Fierko serves as a Director of Seldon Technologies, a startup company utilizing carbon nanotube technology to serve the worldwide fluid filtration market. He also serves as VP of the Water Quality Research Foundation, a nonprofit providing research to the worldwide water treatment markets and is a Trustee of his alma mater, LaSalle University since October 2006.
Victor Leventhal has been a director of Stratasys since 2012. Before retiring in 2007, Vic Leventhal was a Group Executive for Dassault Systems, the parent company of SolidWorks, and was on the Global Management Committee for five years. Previously he spent seven years as the Chief Operating Officer of SolidWorks, growing it from a startup company to $120 million in revenue. Prior to SolidWorks, Leventhal was at CAD Solutions, which he helped grow from a $5 million company to a $32 million company. Prior to CAD Solutions, Mr. Leventhal spent six years as an EVP at ComputerLand, the largest worldwide computer reseller, where he was responsible for franchise development, purchasing, marketing, MIS and vendor relations. Leventhal previously spent 18 years at IBM, where held numerous sales, marketing and financial positions.
Leventhal holds a bachelor’s degree in business administration from the University of Texas. He has also served in the Coast Guard on both active duty and in the reserves. From 2002 to 2007, Levanthal served as a director to Graphisoft, a leading architectural software company. He also served as a director at SolidWorks from 1995 to 2002 and continues to advise the company as a consultant.
Ilan Levin was appointed President and Vice Chairman of the Objet board in February 2011 after serving as a director there since 2000. He has been involved in venture capital and private equity investment activity since 1997, acting as a member of the board of directors and as an advisor for a wide variety of technology-related companies, as well as a director for Vision Sigma, Ltd. and IPC Oil and Gas Holdings, Ltd. From 2003 through 2009 he served as Chief Executive Officer of CellGuide Ltd.
He holds a B.A.Sc. from the University of Toronto and an LL.B. from Tel Aviv University.
John McEleney has been a director of Stratasys since 2007. McEleney has more than 20 years of CAD industry leadership and product development experience. As CEO of SolidWorks from 2001 to June 2007, McEleney achieved record growth, reporting more than a quarter of a billion dollars in revenue in 2006 and more than a half a million users worldwide. Prior to joining SolidWorks, he held several key management positions at CAD software pioneer Computervision and at defense contractor Raytheon.
McEleney holds a bachelor’s degree in mechanical engineering from the University of Rochester, a master’s degree in manufacturing systems from Boston University, and a master’s in business administration and marketing from Northeastern University. He serves on the Board of Directors for SolidWorks Corporation as well as Newforma, a privately held software company in Manchester, NH.
Clifford H. Schwieter
Clifford H. Schwieter has been a director of Stratasys since 1994. In 2002, Schwieter became the President and Chief Executive Officer of Concise Logic, Inc., a software development company focused on semiconductor design tools. From 1994 to 2002, Schwieter was the President and a Managing Director of C.H. Schwieter and Associates, a management and financial consulting firm. From July 1992 to March 1994, he served as President, Chief Executive Officer and a director of Centric Engineering Systems, Inc., a company engaged in the development of mechanical design and analysis software for computing systems ranging from workstations to mainframes and massively parallel networked computing environments. Schwieter was Vice President and General Manager of the Electronic Imaging Systems Division of the DuPont Company from 1986 to 1991. From 1971 to 1986 Schwieter was with the General Electric Company, and he served as Vice President of GE’s Calma Company from 1985 to 1986. He was responsible for that subsidiary’s worldwide business in mechanical design and factory automation. He was also President and Representative Director of GE Industrial Automation, Ltd., a joint venture between GE and C. Itoh & Company located in Tokyo, from 1982 to 1985.
Adina Shorr has been a director of Objet’s board since 2012. Ms. Shorr previously served as Objet’s Chief Executive Officer for a six year period ending in March 2009. Shorr currently serves as Chief Executive Officer of CellGuide, a fabless semiconductor and design services company that focuses on location and navigation solutions, which she joined in October 2009.
She holds an M.B.A. and a B.A., both with honors from Michigan State University.