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Shuldman Ascends at TransAct
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Business New Haven
2/19/2001
By: BNH
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WALLINGFORD - TransAct Technologies Inc. (NASDAQ: TACT) has named Bart C. Shuldman chairman of its board of directors, effective February 14. The 43-year-old Shuldman will continue to serve as president and CEO. Previous chairman Thomas R. Schwarz was named chairman of the newly created executive committee and will continue to serve as a director.
Said Schwarz: I have enjoyed very much my tenure as chairman through TransAct's formative years, but I now believe the time is right to turn the chairmanship over to Bart, who has led this company since its inception. I believe that TransAct is poised for a new era of growth. I look forward to remaining involved with TransAct as both a director and chairman of the executive committee.''
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