NORTH HUNTINGDON, PA, Dec 22, 2014 – The ExOne Company, a global provider of 3D printing machines and printed products to industrial customers, announced that it has appointed Hans J. Sack to serve on the Board of Directors.
The Board of Directors increased the number of directors on its board to eight and appointed Hans J. Sack to fill the newly-created vacancy. Mr. Sack is “independent” under the NASDAQ rules.
Mr. Sack has been a managing director of HEADWATERS | SC, a private consulting firm, since 2013. In that position, Mr. Sack works on client engagements on matters relating to business growth strategy development and implementation, operational improvement initiatives, and acquisition and consolidation strategies and related due diligence. Prior to joining Headwaters, from 2010 to 2012, Mr. Sack served as president and CEO of Berg Steel Pipe Corp., the US subsidiary of Europipe GmbH, a global leader in large diameter pipe for oil and gas pipelines. Mr. Sack served as president & CEO of Latrobe Specialty Steel Company, a producer of aerospace metals and tool steels owned by private equity firms, from 2006 to 2009. From 1990 to 2006, Mr. Sack worked for The Timken Company’s steel business, which is now known as TimkenSteel Corporation, beginning in 1990 as a senior steel business specialist, serving in subsequent positions in the Steel Group as manager-small bar mill, project manager-parts strategy, general manager-precision steel components, and vice president-manufacturing-steel and becoming president & CEO of Timken Latrobe Steel in 1996 and becoming an officer of The Timken Company in 1998. Mr. Sack received a master’s degree in mechanical engineering from RWTH Aachen, Germany, and a master’s degree in business administration from the Harvard University Graduate School of Business Administration. Mr. Sack is a member of the Board of Directors of Saint Vincent College and its McKenna School of Business, Economics and Government.
Mr. Sack brings considerable leadership experience in steel operations and steel mill equipment, as well as automotive component and equipment manufacturing and will bring a strong base of experience and knowledge on operational, commercial, geographic and strategic matters to the Board.
Mr. Sack will also serve as the chairman of the company’s newly created Strategic Oversight Committee.
ExOne chairman and CEO, S. Kent Rockwell, commented, “The addition of Hans Sack to our Board will continue to strengthen and enhance our Board. Hans brings a wealth of operational and strategic experience, leadership and judgment to our Board and company.”
About ExOne
ExOne is a global provider of 3D printing machines and printed products, materials and other services to industrial customers. ExOne’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in‐house 3D printing machines. ExOne offers pre‐production collaboration and prints products for customers through its eight production service centers (“PSCs”), which are located in the United States, Germany, Italy and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated materials, including consumables and replacement parts, and other services, including training and technical support, necessary for purchasers of its machines to print products.