Velo3D announces resignation Chief Financial Officer

Velo3D has announced that William McCombe has resigned as the company’s Chief Financial Officer, effective September 29, 2023, to pursue other career opportunities. Bernard Chung, Velo3D’s Vice President of Finance has been appointed as Acting CFO, effective September 29, 2023.

McCombe has agreed to stay on in a transition capacity through November 7, 2023, and will participate in the company’s third quarter earnings conference call on November 7, 2023.

“I want to thank Bill for his dedication and leadership over the last three years as he guided the company through the listing process and helped successfully grow Velo3D into one of the leading technology suppliers in the additive manufacturing industry,” said Benny Buller, CEO of Velo3D. “I wish Bill the best of luck in his future endeavours. I am also happy to welcome Bernie to our team as our Acting CFO and look forward to building on our 3-year relationship. Given his more than 20 years of finance experience, we expect a seamless transition as he takes on his new responsibities.”

In his role as Vice President of Finance for Velo3D, Chung led the company’s accounting, finance, and SEC reporting teams. Before joining Velo3D he held finance management positions in the manufacturing and transportation industries. He was also a director and audit manager at KPMG. He is a Certified Public Accountant.

Velo3D had appointed Michelle Sidwell, Executive Vice President for Global Sales and Business Development in September 2023. The company also announced in August 2023 that it was seeking to raise capital through the sale of up to 105 million USD in senior notes offering.