For just the third time in company’s 40-year history, Printronix announces new CEO, Werner Heid, effective March 30th, 2015
IRVINE, Calif. - Tuesday, March 31st 2015 [ME NewsWire]
(BUSINESS
WIRE) - Printronix, Inc. announced its Board of Directors has appointed
Werner Heid as the company’s next Chief Executive Officer and member of
the Board effective immediately. Werner succeeds Randy Eisenbach, who
is retiring as Chief Executive Officer and member of the Board.
“Leadership
succession planning has been a key effort by the Board upon Randy’s
decision to retire and we are excited to have Werner join the team.
After an extensive search, we found a proven leader with deep printing
industry expertise from his 12 years in senior executive roles at
Hewlett Packard’s printer division and with strong CEO experience while
at Iomega and Proxima. We look forward to working with Werner and the
rest of the leadership team to continue this company’s success,” said
Dan Allen, Chairman of Printronix’s Board of Directors. “The Board wants
to thank Randy for his many accomplishments and contributions; he has
guided Printronix to a solid foundation for future success.”
Prior
to joining Printronix, Heid held position as Senior VP at Logitech
(NASDAQ: LOGI), where he strengthened Logitech’s worldwide consumer
channel franchise and transformed the sales & marketing organization
into a consumer-centric organization. Prior to Logitech, Heid served as
CEO of Iomega (NYSE: IOM), where he led a wide-scale corporate
turn-around by creating a new line of innovation products and
capitalizing on Iomega’s brand to return the company to sustainable
profitability.
Heid also was President of Proxima (NASDAQ: PRXM),
where he doubled sales in eighteen months, ahead of Proxima’s merger in
2001 with InFocus (NASDAQ: INFS); and then served as Executive Vice
President of Global Sales & Marketing for the combined company,
navigating them to the undisputed market leader position.
Previously,
Heid held various executive positions at Hewlett Packard, including
running HP’s European LaserJet & Printing Supplies division, as well
as introduced HP’s “All-in-One” OfficeJet worldwide.
He has a
master’s degree in Electrical Engineering from the Karlsruhe Institute
of Technology in Germany. He resides in Southern California with his
family and is an active member of the community.
Heid commented
on his appointment: “I am honored to have the opportunity to lead
Printronix, a company with a rich heritage of delivering innovative
solutions to enterprise customers globally. We truly have great
customers and partners and I look forward to expanding on the foundation
of developing solutions that enable the accurate movement of goods
along our industrial customers’ supply chains and bring sustainable
growth to the company.”
About Printronix, Inc.
Founded in
1974, Printronix is a leader in business-critical printing solutions,
offering the most reliable line of industrial printers, supplies and
parts in the industry. The company offers two of the most-trusted brand
names in industrial supply chain printing, Printronix and TallyGenicom,
known throughout manufacturing, distribution and retail companies around
the world. The combined brand portfolios include the highest quality
line matrix, thermal and RFID printers.
Contacts
Printronix, Inc.
David Espinosa
Sr. Director, Corporate Marketing
+1-714-368-2559
despinosa@printronix.com
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