Nano Dimension named Moshe Rozenbaum interim CEO after a settlement with activist investor Murchinson reshaped its board.
Nano Dimension names an interim CEO
Additive manufacturing group Nano Dimension Ltd. (Nasdaq: NNDM) has appointed Moshe Rozenbaum as Interim Chief Executive Officer, effective immediately, the company said on July 21, 2026. The board also named Phillip Borenstein as Chairman of the Board.
Rozenbaum is not an outside hire. He previously served as Nano Dimension’s Vice President of Corporate Development — leading strategic initiatives and investor engagement — and currently sits on the board of Lifeward Ltd. (Nasdaq: LFWD), where he chairs the audit committee. He is a Certified Public Accountant with prior CFO and COO experience at Fluent Trade Technologies.
Why the change: a settlement with Murchinson
The appointment caps a turbulent few weeks. On July 17, Nano Dimension announced an agreement with major shareholder and activist investor Murchinson Ltd. to reconstitute the board. Four directors resigned and three Murchinson nominees joined, which in turn cancelled the company’s planned July 31 Extraordinary General Meeting. Borenstein, a partner and portfolio manager at Hamilton Equity Partners, joined the board in December 2025 and was elevated to chairman this month.
The outgoing CEO, David Stehlin, exited as part of the reshuffle. The move follows a pattern seen across the AM sector, where activist investors have pushed cash-rich but profit-thin 3D printing firms toward tighter governance and clearer capital allocation.
A cost-cutting backdrop
The leadership change lands alongside a wider savings initiative. On July 17 the company said it would terminate its current corporate headquarters lease, a move it expects to generate roughly $25 million in cumulative net cash savings. For a group that has grown through acquisitions — including Desktop Metal and Markforged — and a high-profile, ultimately unsuccessful pursuit of Stratasys, disciplined spending has become the headline priority.
What it means for the AM sector
Rozenbaum’s mandate is explicitly transitional: keep the business running while the board “evaluates the Company’s strategic priorities and opportunities.” For customers in defense, aerospace, automotive, electronics and medical — the segments Nano Dimension serves with its electronics, ceramic and metal additive platforms — the message is continuity. For shareholders, the signal is a reset: a leaner cost base and a board now aligned with its largest activist holder.
Whether that translates into a clearer growth story or further portfolio pruning will be the question investors watch through the second half of 2026.
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