Desktop Metal Reports CFO Transition Plan

Desktop Metal, Inc. has announced that James Haley will be transitioning from his role as chief financial officer (CFO) of the company to pursue other interests. To plan for a smooth transition, Haley intends to remain in his current role through the earlier of December 31, 2022 or the date a new CFO begins employment, and he will serve in an advisory role for a period thereafter. Desktop Metal has retained a leading executive search firm to assist in the search for a successor.

“We sincerely thank James for his invaluable contributions and dedication to Desktop Metal,” says Ric Fulop, founder and CEO of Desktop Metal. “James helped navigate Desktop Metal’s first years as a public company and played a key role in creating a high-performance finance organization. We are fortunate to have benefited from his talents and are appreciative he will be staying on to assist with the transition.”

“It's been an honor to be a part of Desktop Metal’s team and I’m proud of what we’ve accomplished in a period of rapid growth,” says Haley, CFO of Desktop Metal. “The company has never been stronger and given our tremendous portfolio, momentum of the business and strong financial position, now felt like the right time to transition to the next chapter in my personal and professional life.

“I want to express my respect and appreciation for the many talented individuals I’m grateful to have worked with throughout the company and finance organization,” Haley adds. “I’m fully committed to working with Ric, the rest of the leadership team, and the board to ensure a seamless transition and to support Desktop Metal.”

Sources: Press materials received from the company and additional information gleaned from the company’s website.