TransAct Technologies Inc, a supplier of slot-machine printers, casino player-management software and food-safety management technology, has named Robert Campbell as chief financial officer (CFO), with the appointment to take effect upon the June 30, 2026 retirement of long-time finance executive Steven DeMartino.
Mr DeMartino, who serves as president and CFO, will retire after almost 30 years with TransAct. Upon his retirement, Mr Campbell will take over as CFO, secretary and treasurer, while John Dilon, the company’s chief executive, will assume the role of president
“Mr DeMartino will remain in an advisory role through the end of the year to support a seamless transition,” the firm stated in a press release.
TransAct also announced that William DeFrances, the company’s principal accounting officer, will retire later this year. As part of a succession plan, Mr Campbell has assumed that role, “effective immediately,” the supplier said.
Mr Campbell is said to have “more than 25 years of financial leadership experience across publicly traded and privately-held global manufacturing organisations”.
He has served as the TransAct’s controller since June 2022, “playing a key role in strengthening financial operations, enhancing reporting and internal controls, and supporting TransAct’s transition toward a recurring revenue model,” per the announcement.
Prior to joining TransAct, Mr Campbell held senior accounting and finance leadership roles at various companies, including Lydall Inc, Fischer Technology Inc, Axsys Technologies Inc.
TransAct’s CEO Mr Dillon said in prepared remarks that “strong financial leadership” would be “critical” to enable the company’s growth strategy.
“Bob’s promotion comes at an important time, as we continue to scale our BOHA! cloud-based SaaS platform and strengthen our recurring revenue model,” he stated.
Mr Dillon added: “Bob’s deep knowledge of our business and financial operations positions him well to support our next phase of growth and maintain a disciplined approach to stockholder value creation.”
Mr Campbel said he was “honoured” to step into the CFO role at a “pivotal time for TransAct”.
Highlighting TransAct’s “strong financial foundation”, Mr Campbell added: “I look forward to supporting TransAct’s further growth and development in both the food service technology and casino and gaming markets.”
TransAct reported a net loss of just above US$1.2 million for full-year 2025, on net sales that rose 18.7 percent year-on-year, to US$51.5 million.
