As HP’s 3D printing platform rolls out and the company’s place in the market continues to evolve, the president of HP 3D Printing, Stephen Nigro, is stepping down. It was announced in a Q3 earnings call that after 37 years with HP, Nigro will be retiring in early 2019.
Nigro helped launch HP’s first inkjet printers and oversaw teams across the U.S. and Asia before taking on the role of president for the company’s newly formed 3D printing division. Replacing Nigro will be Christoph Schell, president of Americas for HP.
Interestingly, it seems as though Nigro is getting out when HP’s 3D-printing business has yet to reach its peak. With business now spanning the globe, including a number of new partnerships in Asia, HP has already launched full-color 3D printing and will likely introduce its metal 3D-printing technology later this year.
Schell has been with HP for 20 years. HP President and CEO Dion Weisler remarked that Schell has “outstanding experience transitioning customers and partners into new service-led business models.” According to him, Schell played an important role in some of the company’s earliest “3D printing wins and partnerships.” He will take over for Nigro Nov. 1.
These details are important to note on the earnings call of a publicly traded company since every decision affects HP’s stock price. Investors will be able to learn more about Schell at an Oct. 3 security analyst meeting.