Shares of Nano Dimension (NNDM) surged 5.03% on Tuesday following the company's announcement of a Chief Financial Officer transition. The digital manufacturing solutions provider revealed that its current CFO, Assaf Zipori, will be stepping down from his role effective November 1, 2025.
In a strategic move, Nano Dimension has appointed John Brenton, the company's current Vice President of Global Finance and Corporate Controller, to succeed Zipori as the new CFO. Brenton, who joined Nano Dimension through its acquisition of Markforged, brings over 30 years of experience in finance, accounting, and corporate control functions. This transition appears to have been well-received by investors, as reflected in the stock's positive movement.
David Stehlin, CEO of Nano Dimension, expressed confidence in the transition, stating, "His [Brenton's] deep knowledge of the Company's finance and controllership functions will ensure a smooth transition and continued operational rigor." The market's optimistic reaction suggests that investors view this leadership change as a positive step for the company's financial management and future growth prospects.