PAR Technology Corporation (NYSE: PAR) is pleased to announce that Paul B. Domorski will succeed Dr. John W. Sammon as the Company’s President, Chief Executive Officer, and Chairman of the Board of Directors, effective today, April 25, 2011.
Mr. Domorski was most recently President and Chief Executive Officer of EMS Technologies, Inc., and previously held leadership positions at Avaya Inc., RSL Communications, Ltd., British Telecom Syncordia Solutions, and Unisys Corporation, where his career began. His senior executive roles have been characterized by strategic initiatives focused on transforming the performance of operations under his management, often through redirection of resources to promising opportunities. “I am very pleased and excited to be taking on this new role and building on the work already started at PAR,” commented Mr. Domorski.
“Paul Domorski’s background and professional experiences uniquely qualify him to lead PAR at this time,” stated Sangwoo Ahn, the lead independent director of PAR’s Board. “We are delighted PAR’s strategic plan and Paul’s background are aligned, and we are confident he brings the required experience, skills and perspective to enhance our performance.”
Dr. Sammon commented, “I am pleased PAR has attracted Paul to lead our company at this time. Paul has a long career and proven track record in the Information Technology industry and is the right person at the right time to lead our Company.”
Mr. Ahn added, “On behalf of the Board of Directors and PAR’s entire management team, I want to thank Dr. Sammon for his many years of dedicated and outstanding leadership. We look forward to his continuing contributions as Chairman Emeritus of PAR Technology and member of the Board of Directors including the assurance of a seamless transition.”
Please visit our web site for an extended professional biography of Mr. Domorski.
About PAR Technology Corporation
PAR Technology Corporation creates and markets products that help hospitality operators around the world to better manage money, materials, people and the guest experience. PAR has provided hardware, software and services to the world’s largest restaurant chains and their franchisees for almost 30 years. Today the Company’s extensive offerings include technology solutions for the full spectrum of hospitality operations, from boutique hotels and independent table service restaurants to international QSR chains, all backed by PAR’s global service network. The Company has over 50,000 installations in 105 countries worldwide. PAR is also a leader in providing computer-based system design and engineering services to the U.S. Department of Defense and federal and state government agencies. PAR Technology Corporation’s stock is traded on the New York Stock Exchange under the symbol PAR. For more information visit the Company’s website at www.partech.com.