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Posted 09 May, 2023

TRANSACT TECHNOLOGIES INC appointed new CEO

CEO Change detected for ticker Nasdaq:TACT in a 8-K filed on 09 May, 2023.


  On May 8, 2023, the Board of Directors (the "Board") of the Company unanimously agreed that John M. Dillon, who was appointed Chief Executive Officer ("CEO") of the Company on April 4, 2023, will continue in the role indefinitely and is no longer serving on an "interim" basis.  

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Overview of TRANSACT TECHNOLOGIES INC
Technology • Computers/Consumer Electronics
TransAct Technologies, Inc. engages in the operation of a software-driven technology and printing solutions company. The company was founded in June 1996 and is headquartered in Hamden, CT.
Market Cap
$36.0M
View Company Details
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On May 8, 2023, the Board of Directors (the "Board") of the Company unanimously agreed that John M. Dillon, who was appointed Chief Executive Officer ("CEO") of the Company on April 4, 2023, will continue in the role indefinitely and is no longer serving on an "interim" basis. Mr. Dillon has served as a director of the Company since 2011 and will continue to serve on the Board.


Mr. Dillon's biographical information is set forth in Amendment No. 1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on April 26, 2023. At this time, there have been no changes to Mr. Dillon's compensation arrangements with the Company in connection with his appointment as Chief Executive Officer from what was previously disclosed in Amendment No. 1 to the Company's Current Report on Form 8-K filed with the SEC on April 26, 2023.