Protolabs appoints Suresh Krishna as new CEO

Protolabs, a supplier of digital manufacturing services, has appointed Suresh Krishna as President and Chief Govt Officer and a member of the Board of Administrators, efficient instantly. Krishna most just lately served as President and Chief Govt Officer at Northern Device + Gear, a producer and retailer of instruments and industrial tools.

Krishna succeeds Rob Bodor, who has entered right into a consulting association with the corporate to facilitate a seamless transition. At Northern Device + Gear, he was instrumental in increasing the corporate’s customer-centric tradition and buyer base. He was the catalyst for accelerating its progress technique by operational and provide chain optimizations.

“Underneath Rob’s management, Protolabs has expanded its capabilities, enhanced its manufacturing processes, considerably broadened the Protolabs Community, and pushed business-wide organizational enhancements, all to higher serve its clients. With the stable basis that Rob helped set up, the corporate is well-prepared to enter its subsequent part of progress. We thank Rob for his dedication to Protolabs and its clients and need him properly in his subsequent chapter,” mentioned Rainer Gawlick, Chairman of Protolabs’ Board of Administrators. “Protolabs has began the yr sturdy, and we’re happy to welcome Suresh as the corporate’s new CEO. With a 30-year monitor report of overseeing worthwhile progress and shareholder worth creation at manufacturing firms, we’re assured that he has the best expertise and expertise to construct on the corporate’s constructive momentum. He’ll take Protolabs to the subsequent degree by rising our buyer loyalty and share, accelerating the execution of our manufacturing enlargement initiatives, and persevering with to drive worthwhile progress by our distinctive digital manufacturing mannequin. Importantly, Suresh brings recent views and a expertise for implementing modern progress methods, which might be key to advancing our successful technique and delivering outcomes.”

“I’m honored to hitch Protolabs as its subsequent CEO. This is a vital time as the corporate works to develop its choices and achieve a bigger share of the $100 billion digital manufacturing market. Protolabs has an incredible workforce, best-in-class manufacturing instances, and a key aggressive benefit as the one digital producer that mixes in-house digital manufacturing with a community of producing companions. This subsequent chapter for the corporate goes to be a rare one, and I’m thrilled to be main the gifted Protolabs workforce ahead,” mentioned Suresh Krishna.

“It’s been a privilege to have led the Protolabs workforce over the previous 4 years. Collectively, we’ve got superior the corporate’s place as a number one prototype producer serving a number of the most modern firms on this planet throughout a spread of industries. Core to our success has been our unwavering dedication to high quality and our clients, who’ve rewarded us with their loyalty and enterprise. I stay up for seeing Protolabs proceed to advance and obtain its full potential,” mentioned Rob Bodor.

Within the second quarter of 2025, the corporate expects to generate income between $124.0 million and $132.0 million. It expects second quarter 2025 diluted web revenue per share between $0.11 and $0.19, and non-GAAP diluted web revenue per share between $0.30 and $0.38..