Xometry Announces Planned CEO Succession: President Sanjeev Singh Sahni to Lead, Co-founder Randy Altschuler Becomes Executive Chair
Summary
Xometry, Inc. announced a planned CEO succession, with President Sanjeev Singh Sahni taking over as CEO and co-founder Randy Altschuler transitioning to Executive Chair, effective July 1, 2026.
Key Events
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CEO Succession Announced
Sanjeev Singh Sahni, currently the Company's President, will be appointed Chief Executive Officer, effective July 1, 2026.
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Co-founder Transitions to Executive Chair
Randy Altschuler, the current CEO and co-founder, will transition to Executive Chair of the Board, effective July 1, 2026, and will remain an employee.
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New Board Appointment
Mr. Sahni will also be appointed to the Board as a Class I director, effective July 1, 2026.
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Lead Independent Director Appointed
Fabio Rosati, current Chair of the Board, will become the Lead Independent Director, effective July 1, 2026.
Analysis
Xometry, Inc. has announced a significant leadership transition, with current President Sanjeev Singh Sahni appointed as the new CEO, effective July 1, 2026. Co-founder and current CEO, Randy Altschuler, will transition to the role of Executive Chair of the Board. This planned, internal succession suggests continuity in strategy and leadership, as the outgoing CEO remains actively involved in a strategic capacity. The company also plans to enter into amended employment agreements for both executives, which will be detailed in a future amendment to this filing. This smooth transition aims to maintain stability while bringing new leadership to the top operational role.
At the time of this filing, XMTR was trading at $59.90 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.9B. The 52-week trading range was $18.59 to $73.87. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.