Velo3D (VLD) just unveiled an announcement.
Velo3D, Inc., a company listed on the New York Stock Exchange, recently underwent significant changes in its executive team. Renette Youssef, the Chief Marketing Officer, agreed to leave the company on April 19, 2024, and will receive severance benefits including a lump sum payment and accelerated stock vesting. Shortly after, Acting Chief Financial Officer Bernard Chung announced his resignation for personal reasons, effective April 29, 2024. To fill the vacancy, Velo3D appointed Hull Xu as the new CFO, who brings experience from previous financial roles and will start on April 24, 2024, with a competitive salary and bonus structure, along with stock incentives. These changes have been formally communicated to the Securities and Exchange Commission.
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