PAR Technology Corporation Names New CFO
July 23 2015 - 4:00PM
Business Wire
PAR Technology Corporation (NYSE:PAR) announced today that
Michael Bartusek has been appointed as the Company’s new Vice
President and Chief Financial Officer, effective immediately. Mr.
Bartusek is a key addition to the Company’s leadership team and his
comprehensive experience in financial and operational management
will complement the existing executive team as the Company
continues to focus on executing its strategic initiatives to
transform its business.
Mr. Bartusek has over 24 years of extensive financial management
and diverse business experience. Mr. Bartusek formerly served as
the Chief Financial Officer and Corporate Treasurer at Sutherland
Global Services, Inc. (“SGS”) where he provided financial
leadership across 15 countries and established a global finance
shared services operation. At SGS, Mr. Bartusek was responsible for
overseeing and transforming financial operations, as well as
handling strategic acquisitions. Prior to SGS, Mr. Bartusek was
Director of Finance for the North American operations at XEROX
Global Services, Inc. Mr. Bartusek also held various financial
positions at GE Capital and was a Senior Manager at
PricewaterhouseCoopers LLP where he gained experience in the
assurance and business advisory group working with large public
companies as well as emerging technology organizations. Mr.
Bartusek graduated from Edinboro University with a B.S. in Business
Administration, is a Certified Public Accountant, and holds a Green
Belt Six Sigma certification.
“We are pleased to welcome Mike to our Company,” said Ronald
Casciano, CEO & President of PAR Technology. “Mike has held
several challenging financial leadership roles and has excelled in
many diverse areas. He is distinctly qualified to serve as PAR’s
CFO and we are looking forward to leveraging his expertise for both
the day-to-day financial operations of the Company and long-term
strategic planning.”
About PAR Technology Corporation
PAR Technology Corporation's stock is traded on the New York
Stock Exchange under the symbol PAR. PAR’s Hospitality segment has
been a leading provider of restaurant and retail technology for
more than 30 years. PAR offers technology solutions for the full
spectrum of restaurant operations, from large chain and independent
table service restaurants to international quick service chains.
PAR’s Hospitality business also markets hotel management systems
that provide a complete suite of powerful tools for guest
management, recreation management, and timeshare/condo management.
In addition, PAR provides the spa industry a leading management
application that was specifically designed to support the unique
needs of the resort spa and day spa markets, a rapidly growing
hospitality segment. Products from PAR also can be found in
retailers, cinemas, cruise lines, stadiums and food service
companies. PAR’s Government segment is a leader in providing
computer-based system design, engineering and technical services to
the Department of Defense and various federal agencies. Visit
www.partech.com for more information.
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version on businesswire.com: http://www.businesswire.com/news/home/20150723006511/en/
PAR Technology CorporationChristopher R. Byrnes,
315-738-0600 ext. 6226cbyrnes@partech.com
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