Business News

Printronix Welcomes New Executive Leadership

Monday 20. July 2009 - New Chief Executive Officer Will Steer Industry Icon Through Next Phase of Growth

Printronix Inc., a leading industrial and business printing solutions manufacturer, today announced that after 35 years at the helm, Robert A. Kleist has stepped down as Printronix’s 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 LP’s line matrix, laser and supply chain business and increasing Printronix’s coverage across the globe. As the company’s new CEO and president, Eisenbach will give top priority to Printronix’s and TallyGenicom’s global reseller and customer network and aggressively expand the company’s 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 company initiated 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.”