Industrial and business printing solutions manufacturer, Printronix, has announced that after 35 years at the helm, Robert A. Kleist has stepped down as Printronixs chief executive officer and president, turning the reins over to Randy Eisenbach.
Eisenbach joined Printronix in 2008 and was named chief operating officer earlier this year. He is recognized for leading the Printronix acquisition of TallyGenicom LPs line matrix, laser and supply chain business and increasing Printronixs coverage across the globe. As the companys new CEO and president, Eisenbach will give top priority to Printronixs and TallyGenicoms global reseller and customer network and aggressively expand the companys products and markets worldwide.
Kleist founded Printronix in 1974. He is acknowledged as one of the inventors of line matrix printing technology and has lead Printronix through pivotal growth periods with multiple technology and market changes. In 1979,the companyinitiated public trading and remained publicly owned for more than 28 years. In January 2008, Printronix was acquired by Vector Capital, a San Francisco-based private equity firm.
An entire industry owes Bob a debt of gratitude for his vision and energy, Eisenbach said. He is a true innovator, and Printronix benefited by becoming the established leader in pioneering technologies. Bob will remain a member of the board of directors and a close advisor to me. I look forward to ensuring a smooth transition and building upon our legacy of market leadership by continually exploring new opportunities and expanding our reach in line matrix and thermal printing solutions.