Positive momentum this year

Highcon appoints new CEO for coming 'high-growth chapter'

Alcobi: Highcon’s presence at Drupa was vibrant and impactful
Alcobi: Highcon’s presence at Drupa was vibrant and impactful

Highcon has appointed a new CEO with incumbent Shlomo Nimrodi set to become active chairman.

Fresh CEO Yair Alcobi will take up his new role on 1 August.

At that point Nimrodi will take over from Alon Bar-Shany as active chairman, with Bar-Shany remaining on the board as a non-executive director.

Highcon has been in talks with Alcobi about the role for a number of months, and he was able to visit Drupa to see Highcon’s exhibit and gain a flavour for the wider industry at the show.

He was most recently CEO of 3D additive metal manufacturing firm XJet.

A mechanical engineer by training, he also spent 15 years working at Orbotech, subsequently KLA Corporation.

Nimrodi has been in the post for just over five years, and said that after an intense period at the business that included a major restructure and securing new backing, it was the right time to step down.

“With the momentum that we have built in 2024, and especially with the successful Drupa we had, the second half is looking solid,” he stated.

“It was a good time to make the move, and I remain committed to and a strong believer in this company,” he stated.

Nimrodi said that as active chairman he would support Alcobi in areas such as fundraising and strategic operations.

“Yair has a diverse background and that certainly bodes well, he has rounded experience on the technical side and in go-to-market.

“I’m immensely proud of what we’ve achieved at Highcon. I have complete confidence in the team I’ve built and in Yair’s ability to lead Highcon into the high-growth chapter of the coming years,” he asserted.

“My association with Highcon continues with my new role of chairman of the board; I’d like to thank Alon who has filled this role so effectively over the last three-and-a-half years.”

Bar-Shany is a well-known industry figure who spent more than 25 years working at Indigo and then HP Indigo.

A busy Highcon demo at Drupa 2024

Alcobi commented: “Prior to committing to Highcon, I visited Drupa 2024. Highcon’s presence there was vibrant and impactful, and the opportunity to get an overview of the industry was invaluable.

“I look forward to coming on board, meeting customers, employees, partners and customers, and to leading Highcon to ever-greater success.”

Highcon has recently secured a number of high-profile customers for its digital cutting and creasing systems, including Linney and Durham Box in the UK, and Westrock in Ireland.

Nimrodi said that, amid challenging economic circumstances in various markets and ongoing consolidation among its potential customer base, he was also proud that DS Smith would be the first company in the world to install a Beam 3 device, at one of its French plants.

This significant sale was agreed despite DS Smith being in the process of itself being taken over by International Paper.

Nimrodi also said that after running “five packed demos every day” during Drupa the Israeli manufacturer had a very strong show, with “more leads gained in 10 days than in the past five years”.