Xometry Announces CEO Succession Plan

Core Viewpoint - Xometry, Inc. announces a leadership transition with Sanjeev Singh Sahni succeeding Randy Altschuler as CEO effective July 1, 2026, while Altschuler will take on the role of Executive Chair of the Board [1][2]. Leadership Transition - Randy Altschuler, co-founder and current CEO, will transition to Executive Chair, emphasizing the company's strong position for leadership change [1][2]. - Sanjeev Singh Sahni, currently the President, has been instrumental in Xometry's revenue growth and profitability, making him a suitable successor [2][3]. Company Performance - Xometry reported record results in 2025, indicating significant progress in digitizing the global manufacturing market since its founding in 2013 [2]. - The company is on a clear and increasingly profitable trajectory, which supports the timing of the leadership transition [2]. Future Direction - Altschuler will focus on strategic growth initiatives and key corporate partnerships in his new role, maintaining a founder's perspective at the Board level [2]. - Sahni expressed excitement about leading the company during a pivotal moment, aiming to accelerate product-led growth and solidify Xometry's position in the custom manufacturing marketplace [3]. Company Overview - Xometry operates an AI-native marketplace and offers a suite of cloud-based services that are digitizing the manufacturing industry, providing critical resources for manufacturers and streamlining procurement processes for buyers [4].