3D Systems announced Wednesday that it had hired John McMullen as its new Executive Vice-President and Chief Financial Officer, effective July 1. McMullen currently serves as the CFO at Eastman Kodak Company. He will succeed David Styka at 3D Systems. The 3D printing company said Styka is slated to remain at the company to provide operational and financial support.
David Bullwinkle is the new CFO of Kodak
Kodak has promoted David Bullwinkle to fill in the shoes of McMullen. The Rochester-based company said Bullwinkle’s appointment fulfills the succession plan it had in place. Bullwinkle has been at Kodak for more than a decade. John McMullen has spent more than three decades at Hewlett-Packard, working alongside 3D Systems’ new CEO Vyomesh Joshi.
During his 32-year long stint at HP and its acquired companies like Compaq Computer, McMullen held several positions including CFO of HP’s imaging & printing group, SVP of Finance and Corporate Treasurer at HP, and VP of Finance at Compaq’s worldwide sales and services group. Vyomesh Joshi, who himself spent more than three decades at HP, said, “We are excited to have a leader of John’s caliber join our team.”
3D Systems CEO and McMullen have worked together in the past
McMullen has demonstrated his ability to deliver scalable processes and an appropriate cost structure at global tech companies. McMullen said, “It was a privilege to work alongside VJ (Vyomesh Joshi) again.” The 3D printing major has seen several high-profile management changes since last year, including the departure of Avi Reichental. Earlier this month, 3D Systems said in its form 8-K filing that its chief marketing officer Cathy Lewis and chief operating officer Mark Wright had also resigned.
The 3D printing industry has been going through a rough phase due to lower demand and a decline in manufacturing. The Rock Hill-based company is undergoing a transformation under its new CEO Vyomesh Joshi, who joined the company in April this year.