Flick Joins NEMI as CFO to Drive Growth

NEMI, the Physical AI company building the Large Manufacturing Model (LMM), has appointed Kevin Flick as its new Chief Financial Officer (CFO). Flick, who brings more than two decades of experience in principal investing, capital markets, strategic finance, M&A, and operational finance leadership, will help lead NEMI’s capital formation and acquisition initiatives while strengthening the financial infrastructure required to support the company’s growth.

Flick’s appointment comes as NEMI scales its Physical AI platform, expands its manufacturing footprint, and solidifies its acquisition strategy. As CFO, Flick will play a pivotal role in ensuring NEMI’s financial stability and growth, enabling the company to pursue its ambitious goals of applying AI to the physical economy.

The appointment of Flick is a significant step for NEMI, a company that aims to revolutionize the manufacturing industry by leveraging AI to improve design and production processes. Flick’s extensive experience in the finance sector will be instrumental in helping NEMI navigate the complexities of scaling its operations and expanding its reach globally.

Flick’s background includes a diverse array of roles in both private equity and operating companies. He has raised over $5 billion of capital across private equity funds and operating companies, and has also served as a senior finance executive in two startup and turnaround situations that ultimately created more than $2 billion in aggregate enterprise value through acquisitions, organic growth, and capital formation.

Flick’s arrival at NEMI is particularly significant given the growing interest in AI applications across the physical economy. Jeff Bezos and Vik Bajaj’s recent investment in NEMI through their venture capital firm, Prometheus, underscores the growing recognition of AI’s potential to transform manufacturing and production processes. Flick’s expertise in financial strategy and his experience in the physical economy will be crucial in helping NEMI capitalize on this growing opportunity.

NEMI’s ambition is to apply AI to the physical product lifecycle, from concept and engineering through production, quality, delivery, and continuous improvement. The company deploys the LMM in its own factories, serving enterprise customers across aerospace, defense, and automotive sectors. Greater automation through the LMM improves cost, quality, and speed, enabling NEMI to win more business and generate valuable data that strengthens the LMM and enables further automation.

Kevin Flick’s appointment as CFO is a testament to NEMI’s commitment to financial stability and growth. His experience and expertise will be instrumental in helping NEMI pursue its ambitious goals of applying AI to the physical economy, and he will play a key role in ensuring the company’s financial success as it scales its operations and expands its reach globally.