Nano Dimension Initiates Review of Strategic Alternatives to Maximize Shareholder Value and Announces Executive Leadership Change
Nano Dimension (NASDAQ:NNDM), a digital manufacturing solutions provider, has announced two significant developments: the initiation of a strategic review process and a leadership change. The company has engaged Guggenheim Partners and Houlihan Lokey as financial advisors to explore strategic alternatives aimed at maximizing shareholder value.
In a major executive change, David S. Stehlin has been appointed as the new CEO, replacing Ofir Baharav. Stehlin, who joined the board in February 2025, brings over 40 years of technology leadership experience and has a strong track record in leading both public and private companies, with expertise in M&A initiatives and value creation.
Nano Dimension (NASDAQ:NNDM), fornitore di soluzioni per la produzione digitale, ha annunciato due sviluppi di rilievo: l'avvio di un processo di revisione strategica e un cambiamento nella leadership. La società ha incaricato Guggenheim Partners e Houlihan Lokey come consulenti finanziari per valutare alternative strategiche volte a massimizzare il valore per gli azionisti.
In un'importante modifica esecutiva, David S. Stehlin è stato nominato nuovo CEO, in sostituzione di Ofir Baharav. Stehlin, entrato nel consiglio di amministrazione a febbraio 2025, vanta oltre 40 anni di esperienza nella leadership tecnologica e un solido curriculum nella guida di società pubbliche e private, con competenze in operazioni di M&A e creazione di valore.
Nano Dimension (NASDAQ:NNDM), proveedor de soluciones de fabricación digital, ha anunciado dos acontecimientos importantes: el inicio de un proceso de revisión estratégica y un cambio en la dirección. La compañía ha contratado a Guggenheim Partners y Houlihan Lokey como asesores financieros para explorar alternativas estratégicas orientadas a maximizar el valor para los accionistas.
En un cambio ejecutivo significativo, David S. Stehlin ha sido nombrado nuevo CEO, reemplazando a Ofir Baharav. Stehlin, que se incorporó al consejo en febrero de 2025, aporta más de 40 años de experiencia en liderazgo tecnológico y cuenta con un sólido historial al frente de empresas públicas y privadas, con experiencia en iniciativas de fusiones y adquisiciones y creación de valor.
Nano Dimension (NASDAQ:NNDM), 디지털 제조 솔루션 제공업체가 두 가지 주요 소식을 발표했습니다. 전략적 검토 절차 개시와 경영진 교체입니다. 회사는 주주 가치를 극대화하기 위한 전략적 대안을 검토하기 위해 Guggenheim Partners와 Houlihan Lokey를 재무 자문사로 선임했습니다.
중대한 경영진 변경으로 David S. Stehlin이 새로운 CEO로 임명되어 Ofir Baharav를 대신합니다. 2025년 2월 이사회에 합류한 Stehlin은 40년 이상의 기술 리더십 경험을 보유하고 있으며, 공·사기업을 이끈 풍부한 경력과 인수합병 및 가치 창출 분야의 전문성을 갖추고 있습니다.
Nano Dimension (NASDAQ:NNDM), fournisseur de solutions de fabrication numérique, a annoncé deux développements importants : le lancement d'un processus de revue stratégique et un changement de direction. La société a retenu Guggenheim Partners et Houlihan Lokey comme conseillers financiers pour étudier des alternatives stratégiques visant à maximiser la valeur pour les actionnaires.
Dans une réorganisation majeure, David S. Stehlin a été nommé nouveau PDG, en remplacement d'Ofir Baharav. Stehlin, qui a rejoint le conseil d'administration en février 2025, apporte plus de 40 ans d'expérience en leadership technologique et un solide parcours à la tête d'entreprises publiques et privées, avec une expertise en opérations de fusion-acquisition et création de valeur.
Nano Dimension (NASDAQ:NNDM), ein Anbieter digitaler Fertigungslösungen, hat zwei bedeutende Entwicklungen bekanntgegeben: den Beginn eines strategischen Überprüfungsprozesses und einen Führungswechsel. Das Unternehmen hat Guggenheim Partners und Houlihan Lokey als Finanzberater beauftragt, um strategische Alternativen zur Maximierung des Aktionärswerts zu prüfen.
In einer wichtigen personellen Veränderung wurde David S. Stehlin zum neuen CEO ernannt und löst damit Ofir Baharav ab. Stehlin, der im Februar 2025 in den Vorstand eintrat, verfügt über mehr als 40 Jahre Erfahrung in Technologieführungspositionen und eine nachgewiesene Erfolgsbilanz in der Leitung börsennotierter und nicht-börsennotierter Unternehmen sowie in M&A- und Wertschöpfungsinitiativen.
- None.
- Sudden removal of previous CEO indicates potential internal challenges
- Company acknowledgment of going through 'very challenging period'
- Strategic review suggests possible struggles with current business model
Company Retains Guggenheim Partners and Houlihan Lokey as Financial Advisors
WALTHAM, Mass., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in digital manufacturing solutions, today announced that its Board of Directors has initiated a process to explore and evaluate a comprehensive range of strategic alternatives to reinforce the Company’s commitment to maximize shareholder value. To assist in this process, the Board has engaged Guggenheim Partners and Houlihan Lokey as its exclusive financial advisors. The Company also announced an executive leadership change, as it has removed Ofir Baharav from his position, and David S. Stehlin, who joined the Board in February 2025, has assumed the role of Chief Executive Officer.
“I am honored to lead Nano Dimension at this critical moment and provide a clear direction for our future. It is my priority to ensure transparency and build trust with our customers, investors and employees,” said Dave Stehlin, the new Chief Executive Officer. “I recognize that Nano Dimension has been going through a very challenging period, but we now have a strong understanding of the value we can unlock through a clear focus on fiscal responsibility and targeted growth opportunities. I have been very impressed by the Nano Dimension team as their expertise and commitment to this exciting company and industry gives me added confidence that we can make a measurable difference in the multiple, forward leaning and strategic industry segments that are leading the digital manufacturing revolution.”
“On behalf of the Board of Directors, we have full confidence in Dave’s ability to lead Nano Dimension at this critical time,” said Robert Pons, Chairman of the Board. “Dave's proven track record of value creation and deep and broad technology industry expertise will be invaluable as we navigate this transition and pursue a path to maximize shareholder value through our strategic review process.”
Mr. Stehlin brings more than 40 years of technology leadership, with a strong track record of leading both public and private companies as Chief Executive Officer, developing and implementing winning strategies, and successfully executing on M&A initiatives. He has significant expertise in overcoming technology and operational challenges in rapidly changing markets and has a proven ability to build value through sustained revenue and profit growth in complex and multi-national environments. He holds a Bachelor of Science degree from the U.S. Naval Academy in Annapolis, MD, and an M.B.A. from National University in San Diego, CA. Prior to his business career Dave was a Captain in the U.S. Marine Corps.
About Nano Dimension
Driven by strong trends in onshoring, national security, and increasing product customization, Nano Dimension (Nasdaq: NNDM) delivers advanced Digital Manufacturing technologies to the defense, aerospace, automotive, electronics, and medical devices industries, enabling rapid deployment of high-mix, low-volume production with IP security and sustainable manufacturing practices.
For more information, please visit https://www.nano-di.com/.
Forward-Looking Statements
This press contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding Nano’s future growth, strategic plan and value to shareholders, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. These forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. The forward-looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano’s annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on May 12, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication.
Contacts:
Investors: Purva Sanariya
Director, Investor Relations
ir@nano-di.com
Media: Samuel Manning
Principal Manager, External Communications
press@nano-di.com
FAQ
Why did Nano Dimension (NNDM) replace its CEO in September 2025?
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What is David Stehlin's background as the new NNDM CEO?
What is the purpose of Nano Dimension's strategic review announced in 2025?
When did David Stehlin join Nano Dimension's board before becoming CEO?
