TransAct appoints John Dillon interim CEO

TransAct Technologies has announced that its board of directors has appointed John Dillon, a member of the board, as interim CEO.

Dillon succeeds Bart Shuldman, who resigned as CEO and as a director of the company. Shuldman has served as TransAct’s CEO since 1996.

His steadfast leadership helped the company successfully emerge from the challenges presented by the Covid-19 pandemic and he has been integral in developing the company’s strategic direction.

“On behalf of the board, we want to thank Bart for his nearly three decades of dedication and service to TransAct and our valued customers,” said board chair Haydee Olinger.

“We are fortunate to have in John a highly experienced former chief executive who has been intimately involved in the development of our strategic plan as a director to step in as interim CEO and lead our implementation efforts.

“He is very familiar with our culture and our operations, having served on our board for more than a decade,” 

“I am eager to take a more active leadership role in the business as we look to grow revenue and execute on our strategic plan,” added Dillon.

“After 27 years of serving as TransAct’s CEO, it feels like the right time to step away and spend more time with my family,” said Shuldman.

“The company is in a position of strength and I have no doubt that John will help lead TransAct into its next stage of growth.”