Personal Finance

Instant Analysis: Stratasys Gets a New CFO and New MakerBot CEO

Ia

Ia

Only time will tell how much a new CFO and new CEO of MakerBot will matter for Stratasys, which has been struggling to grow revenue since early 2015. Both Stratasys and prime rival have been experiencing a slowdown in demand for their enterprise 3D printers.

Does it matter?

Only time will tell how much a new CFO and new CEO of MakerBot will matter for Stratasys, which has been struggling to grow revenue since early 2015. Both Stratasys and prime rival 3D Systems have been experiencing a slowdown in demand for their enterprise 3D printers.

This changing of the guard in two top executive positions isn't that surprising. Such changes are rather common soon after a new CEO comes on board any company. Sometimes the new leader will want to choose his or her top team. In other cases, some top execs might not mesh well with the new CEO, in which case they resign on their own. We can't know for sure what went on behind the scenes here.

Both newly appointed execs seem well suited to their new positions. Payorski, who has been with Stratasys for four years, has more than 20 years of finance experience and has served in various finance leadership roles over the past 10 years at several tech companies, according to the press release. Earlier in her career, she served as a CPA with Ernst & Young in Israel and later in Palo Alto, Calif.

Goshen reportedly has more than 15 years of experience leading turnarounds at tech companies. Before joining MakerBot, he led private-equity investments in technology companies and served in various C-level roles at tech companies.

10 stocks we like better than Stratasys

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.*

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and Stratasys wasn't one of them! That's right -- they think these 10 stocks are even better buys.

Click here to learn about these picks!

*Stock Advisor returns as of January 4, 2017

Beth McKenna has no position in any stocks mentioned. The Motley Fool recommends Stratasys. The Motley Fool has a disclosure policy .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

SSYS

Other Topics

Stocks

The Motley Fool

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Learn More