Proven Executive with More than 30 Years of Restaurant Industry
Expertise Joins TransAct’s Board
HAMDEN, Conn.--(BUSINESS WIRE)--Jul. 31, 2018--
TransAct Technologies Incorporated (Nasdaq: TACT), a global leader in
software-driven technology and printing solutions for high-growth
markets, announced today that Haydee Olinger has been appointed to the
Company’s Board of Directors, effective Friday July 27, 2018. The
appointment of Ms. Olinger to TransAct’s Board of Directors increases
the size of the Board to five members, four of whom are considered
independent directors under Nasdaq rules.
Ms. Olinger served in senior management roles for more than twenty years
at the McDonald’s Corporation, most recently as Global Chief Compliance
and Privacy Officer from 2002 to 2015. During her time at McDonald’s,
Haydee developed and deployed a broad-sweeping compliance and privacy
program to better manage enterprise-wide financial, legal, human
resource, and loss of reputation risks. Her initiatives have been rolled
out globally, increasing policy adherence, achieving operational
consistency, and bolstering financial results.
Haydee Olinger has expansive international experience having been
responsible for leading teams consisting of finance, franchise, tax and
operations personnel in the implementation of various strategies within
many of McDonald’s markets in Europe, Asia and Latin America.
Acknowledged as an effective business strategist and master negotiator
with strong people skills, Haydee is also credited with playing an
instrumental role in McDonald’s entry and ongoing growth throughout
multiple Latin America markets.
Ms. Olinger earned both her Juris Doctor and Bachelor of Science in
Management and Business Administration degrees at DePaul University.
Additionally, she earned a Master of Science in leadership and Business
Ethics at Duquesne University. She currently serves on the boards of
DePaul University Institute of Business and Professional Ethics and the
Illinois Lottery Control Board.
“With her extensive restaurant industry experience and track record of
success, I am delighted to welcome Haydee to our Board of Directors,”
said Bart Shuldman, Chairman and Chief Executive Officer of TransAct.
“Her direct knowledge and understanding of the global restaurant
industry with deep operations and legal expertise will prove valuable to
TransAct as we continue to look to further develop and exploit the large
restaurant solutions market opportunity for our Company. The entire
TransAct Board of Directors looks forward to working with Haydee as we
further position the Company for long-term growth.”
About TransAct Technologies Incorporated
TransAct Technologies Incorporated is a global leader in developing
software-driven technology and printing solutions for high-growth
markets including restaurant solutions, POS automation, casino and
gaming, lottery, and oil and gas. The Company’s solutions are designed
from the ground up based on customer requirements and are sold under the
AccuDate™, EPICENTRAL®, Epic®, Ithaca®, and Printrex® brands. TransAct
has over 3.0 million printers and terminals installed around the world
and is committed to providing world-class service, spare parts and
accessories to support its installed product base. Through the TransAct
Services Group, the Company also provides customers with a complete
range of supplies and consumable items both online at http://www.transactsupplies.com
and through its direct sales team. TransAct is headquartered in Hamden,
CT. For more information, please visit http://www.transact-tech.com
or call (203) 859-6800.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180731005081/en/
Source: TransAct Technologies Incorporated
Investors:
TransAct Technologies Incorporated
Steve
DeMartino, 203-859-6810
President and Chief Financial Officer
or
JCIR
Richard
Land / Joseph Jaffoni / Jim Leahy, 212-835-8500
tact@jcir.com
