NEMI taps Kevin Flick as CFO to fund AI manufacturing expansion

NEMI appointed veteran finance executive Kevin Flick as chief financial officer on September 28, 2026, as the Physical AI company pushes to scale its manufacturing platform, acquisition strategy and capital formation. The hire signals NEMI’s intent to accelerate AI adoption in factories and other parts of the physical economy.

Why it matters: - NEMI is trying to turn AI into a manufacturing advantage across factories, machines and industrial production. - Kevin Flick is expected to help fund that expansion, support acquisitions and build the finance structure needed for growth. - The move comes as U.S. reshoring increases demand for more flexible manufacturing capacity.

What happened: - NEMI named Kevin Flick chief financial officer on September 28, 2026. - The company said Flick will help lead capital formation and acquisition initiatives while overseeing broader finance responsibilities. - NEMI is building the Large Manufacturing Model, or LMM, an integrated AI system for the full physical product lifecycle. - NEMI said the platform is designed to connect concept, engineering, production, quality, delivery and continuous improvement.

The details: - Flick brings more than 20 years of experience in principal investing, capital markets, strategic finance, M&A and operational finance leadership. - His background includes more than $5 billion raised across private equity funds and operating companies. - Flick has also worked in two startup and turnaround situations that generated more than $2 billion in aggregate enterprise value through acquisitions, organic growth, capital formation and operational execution. - His career includes Goldman Sachs, Hicks Muse and Ernst & Young Transaction Advisory, plus senior finance and operating roles at private-equity-backed businesses and public companies listed on NASDAQ, the NYSE and the TSX. - NEMI says it deploys the LMM in its own factories and serves enterprise customers in aerospace, defense and automotive. - The company says greater automation improves cost, quality and speed, helping it win more business. - NEMI says each new manufacturing program adds data that strengthens the LMM and expands automation. - The company’s website is More information. - NEMI’s LinkedIn page is the company’s LinkedIn profile.

Between the lines: - NEMI is pairing an AI product strategy with a finance hire who has experience in both investing and operating roles. - The reference to Jeff Bezos and Vik Bajaj-backed Prometheus suggests investors are paying closer attention to AI applications outside software. - Flick’s remarks frame the opportunity as an economic one, centered on productivity, margins, capital efficiency and enterprise value. - The company is positioning itself to grow through both organic expansion and strategic acquisitions.

What's next: - Flick will help NEMI pursue capital formation as the company scales its Physical AI platform. - NEMI is expected to keep expanding its manufacturing footprint and acquisition pipeline. - The company aims to use more manufacturing data to improve automation and strengthen the LMM over time. - NEMI said the long-term goal is to apply large-model-style capabilities to hardware and manufacturing, not just software.