3D Systems Corporation has announced that Fred R Jones has stepped down by mutual agreement as its Vice President and Chief Financial Officer. The company has also announced that he will be retiring from the company following a transition period. Mr Jones has a previously agreed-upon separation arrangement with the company, which the company and Mr Jones are in the process of reviewing.
Gerald J Pribanic has been appointed interim Vice President and Chief Financial Officer while the company searches for a permanent replacement for Mr Jones.
Mr Pribanic is a partner with Tatum, LLC, an executive services firm, and has been acting as a consultant to the company since November 2006 on various finance matters. He previously served as Senior Vice President and Chief Financial Officer of Milliken & Company and as Executive Vice President and Chief Financial Officer of Maytag Corporation, and he has wide-ranging financial experience.
The company said that it has retained a national search firm to conduct a search for Mr Jones' permanent replacement.