TransAct Names Newmark Global Sales/Marketing VP

TransAct Technologies Inc. has named sales and marketing veteran Andrew Newmark as the company’s new executive vice president of global sales and marketing.

Printing solution supplier TransAct Technologies has named Andrew Newmark to the newly created position of executive vice president of global sales and marketing.

Newmark has over 30 years of sales, marketing, managerial and entrepreneurial experience. He will have direct oversight of the company’s sales and marketing efforts across the Epic, Epicentral, Ithaca, Printrex and Responder brands, which serve the casino and gaming, lottery, food safety, oil and gas exploration, and mobile machine-to-machine industries. He will report directly to TransAct Chairman and Chief Executive Officer Bart C. Shuldman.

Newmark has served in a number of sales, marketing and development roles, including at companies he co-founded. Most recently, he was active as an investor and entrepreneur, supporting a number of venture capital and private equity-backed businesses. From 2005 to 2009, he served as vice president of business development for Newell Rubbermaid’s technology division.

Prior to that, he was vice president of marketing and business development at DYMO, a division of Esselte Corporation, where he directed marketing and new product initiatives and launched an international labeling business under the Rhino brand. He also co-founded and served as senior vice president of CoStar Corporation, which developed the LabelWriter personal label printer; and co-founded and served as chairman of Kensington, a leading maker of computer accessories.

“We are delighted to welcome Andrew to the TransAct team as we further strengthen our global sales and marketing capabilities,” said Shuldman. “Given Andrew’s many years of success, and in particular with companies that are similarly focused on printing and software solutions, his decision to join the company in this new role is an endorsement of our powerful brand and product lineup, and should serve to accelerate our evolution into a leading provider of high-quality, high-reliability printing solutions for customers across multiple industries worldwide.”

Newmark added, “I am excited to get to work with the talented team at TransAct as we seek to expand the worldwide awareness and market acceptance of our diverse array of products and enterprise solutions.”

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