TransAct Technologies Inc., a global leader in software-driven technology and printing solutions for high-growth markets, announced that Graham Y. Tanaka has informed the company that he plans to retire from his position as a member of the board of directors effective as of the date of the Company’s 2019 Annual Meeting of Shareholders.
Tanaka indicated that his resignation from the board is not the result of any disagreement with the company with respect to any matter relating to the company’s operations, policies or practices.
Bart Shuldman, chairman and CEO of Transact, commented, “I want to thank Graham for his 22 years of service on TransAct’s board and for his many contributions to the company’s strategic direction and successes. His leadership was instrumental in guiding TransAct through several periods of evolution in our product development and in the number of markets we address, as well as in positioning the Company for long-term growth.”
TransAct’s board is undertaking a search for a new director to fill the vacancy created by Tanaka’s retirement, and intends to seek a director with specific restaurant chain operating experience that can help TransAct achieve its goal of establishing a leading position in the restaurant solutions marketplace.
