SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): December 15, 2015
 
PAR Technology Corporation
(Exact name of registrant as specified in its charter)

Delaware
   
1-09720
   
16-1434688
(State or Other Jurisdiction of
Incorporation)
     
(Commission File Number)
   
(IRS Employer Identification No.)

PAR Technology Park, 8383 Seneca Turnpike, New Hartford, New York 13413-4991
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (315) 738-0600
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under ay of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Item 8.01 Other Events.

Appointment of Matthew R. Cicchinelli as President, PAR Government Business Unit

On December 15, 2015, the Company announced the appointment of Matthew R. Cicchinelli, 52, to the position of President of the Company's Government business subsidiaries, PAR Government Systems Corporation and Rome Research Corporation.  Mr. Cicchinelli will report to the Chief Executive Officer of PAR Technology Corporation.  Mr. Cicchinelli, joined PAR in 2011 as Executive Director for Operations, and in 2013 was promoted to Vice President, Intelligence, Surveillance and Reconnaissance (“ISR”) Innovations and has led the strategic expansion of the ISR Solutions line of business into Dayton, OH and the National Capital Region.  Prior to joining PAR, Mr. Cicchinelli served in various senior roles with the United States Marine Corps and the Department of Defense with a focus on command and control, ISR technologies, and strategic plans and policies.  Mr. Cicchinelli retired from the Marine Corps in 2011 with the rank of Colonel.  Mr. Cicchinelli holds a Bachelor’s Degree in Computer Science from Duke University, a Master’s Degree from the U.S. Naval War College and has served as a National Security Fellow with Harvard University’s Kennedy School of Government.

The Company’s press release announcing the appointment of Mr. Cicchinelli is included as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

Exhibit
Number
Description
   
Press Release of PAR Technology Corporation dated December 15, 2015.
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 
PAR TECHNOLOGY CORPORATION
 
(Registrant)
   
Date:  December 15, 2015
/s/Matthew J. Trinkaus
 
Matthew J. Trinkaus
 
Chief Accounting Officer & Corporate Controller
 
 




Exhibit 99.1
 
PAR Technology Corporation
(NYSE:PAR)
FOR RELEASE:  December 15, 2015
CONTACT: Christopher R. Byrnes
(315) 738-0600 ext. 6226
            cbyrnes@partech.com
 
PAR Technology Corporation Appoints Matthew R. Cicchinelli
 
President of PAR’s Government Business
 
NEW HARTFORD, N.Y.--December 15, 2015 -- PAR Technology Corporation (NYSE: PAR) announced today that Matthew R. Cicchinelli has been appointed President of PAR's Government Business segment effective immediately.  Mr. Cicchinelli will report to the Company’s Chief Executive Officer.
 
Mr. Cicchinelli previously served for over 25 years in various senior roles with the United States Marine Corps and the Department of Defense with a focus on Command and Control, Intelligence, Surveillance & Reconnaissance (ISR) technologies, and strategic plans and policies.  Mr. Cicchinelli retired from the United States Marine Corps in 2011 with the rank of Colonel.

At the conclusion of his military service, he joined PAR as Executive Director for Operations with responsibility for managing contract performance across PAR Government’s Mission Services line of business.   He was then promoted to Vice President and has led the strategic expansion of the ISR Solutions line of business into Dayton, OH and the National Capital Region.

He holds a Bachelor’s Degree in Computer Science from Duke University, a Master’s Degree from the U.S. Naval War College and has served as a National Security Fellow with Harvard University’s Kennedy School of Government.
 
Karen E. Sammon, PAR’s CEO-designate commented on the appointment, “Matt is highly regarded for his vision and his leadership on a variety of federal government contracts.  He is a skilled manager who has a well-earned reputation for delivering results.  Matt’s experience, skill and reputation make him a valuable asset to the PAR team, and his appointment as President demonstrates our confidence in his vision for the future of PAR’s Government business.”
 
ABOUT PAR TECHNOLOGY
 
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.  Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR’s Government Business 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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