3D Systems (DDD) said Tuesday that President and Chief Executive Jeffrey Graves will step down from his roles and retire from the board.
Graves will remain president and CEO until a successor is appointed, which the company expects will occur later in the year.
The company said its board has launched an executive search for a successor.
Shares of the company rose more than 15% in recent trading activity Tuesday.
Price: $3.29, Change: $+0.45, Percent Change: +15.85%