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Titomic (ASX:TTT) appoints Norbert Schulze as interim CEO

Industrial
ASX:TTT      MCAP $59.62M
16 November 2020 14:00 (AEST)
Titomic (ASX:TTT) - Outgoing CEO, Jeff Lang

Source: Stockhead

Titomic (TTT) has appointed Norbert Schulze as interim CEO while a search for a permanent leader is underway.

He will replace Founder Jeff Lang, who will take on the roles of Executive Director and Chief Technology Officer.

“I welcome being able to work alongside Norbert in implementing Titomic’s strategy to execute the refreshed board’s vision for global commercialisation for the benefit of all stakeholders,” Jeff commented.

“I firmly believe in our transformation and strategy to position Titomic as a global leader in the additive manufacturing industry,” he added.

Norbert has his own consulting company that advises global defence companies on strategy and growth opportunities.

He previously worked as senior executive of technology group Rheinmetall and oversaw Australian-bound sales from industrial company RENK Group in Africa and Europe.

“It is an honour to accept this position on an interim basis. As a team, Titomic’s employees have all worked hard to position Titomic as a leading global additive manufacturing company,” Norbert said.

“Our mission will not change and I am committed to continue driving the transformation, creating value for our shareholders and our clients, and fulfilling my role as interim CEO of this outstanding company,” he added.

Titomic is up a slight 0.8 per cent on the market with shares trading for 63 cents each at 1:54 pm AEDT.

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