International edition
September 23, 2020

Steven A. DeMartino is the new President/CFO

Transact announces key executive promotions

(US).- TransAct Technologies Incorporated announced that the company has promoted current Chief Financial Officer Steven A. DeMartino to President/CFO and Tracey S. Chernay to Executive Vice President - Sales and Marketing, effective immediately.

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n addition to his current role overseeing the finances of TransAct, DeMartino will now oversee the company's operations and human resources divisions, as well as information technology functions where he will drive forward the firm's operating strategy.  In her new role, Chernay will be leading TransAct's efforts to combine the company's product sales with the company's consumables, service and web sales.
 
"It is a very exciting time at TransAct, and with all of the potential we are seeing for this company in the future, we have decided to make these strategic changes," said Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct Technologies. "With the move of most of our production to Asia behind us, Steve can now focus on managing this part of the business for TransAct. It will free me up to concentrate my full efforts on the vast amount of growth opportunities we are currently seeing, specifically in terms of new products and markets, international expansion and potential acquisitions."
 
Shuldman continued, "Tracey's promotion will align our product sales with our service and new web store. This gives us a strategic advantage in the marketplace by combining our printers with consumables and service into one package while also letting us take advantage of the work we have done with our world-class web store."

"Steve and Tracey have done a tremendous job for the company, and I am extremely proud to be announcing these promotions," concluded Shuldman.

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