Printronix Names New CEO
March 30 2015 - 9:00PM
Business Wire
For just the third time in company’s 40-year history, Printronix
announces new CEO, Werner Heid, effective March 30th, 2015
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.
Printronix, Inc.David EspinosaSr. Director, Corporate
Marketing+1-714-368-2559despinosa@printronix.com