EFI announced its long-time CEO has informed the company’s Board of Directors his intention to step down.
Gecht will remain CEO until a successor has been identified.
Gecht has committed to working closely with the new CEO to ensure a successful transition, and will remain as a member of the Board of Directors following the succession.
“Stepping down as the leader of a great company is never an easy decision. With vast market opportunities, loyal customers and a robust product roadmap, reinforced by the unprecedented interest in Nozomi, EFI has never been better positioned for continued growth and success,” said Gecht.
Gecht has helmed EFI as CEO for 19 years, making him the longest-running CEO in the company's 30-year history.
“I think this makes it the right time, after 19 years as CEO of this unique company, for me to hand the reins to the next leader. I will stay fully focused on leading the outstanding EFI team during the search period, and will assist in ensuring a smooth transition once the new CEO is in place. As a shareholder, Board member and a lifelong fan, nothing will be more gratifying for me than to see my successor leading EFI to achieve its full potential.”