SOURCE: Panini

Panini

October 16, 2014 09:02 ET

Panini Hires Pierfranco Pontrandolfo as Chief Operating Officer; Extensive Supply Chain Background Added to Panini Leadership Team

TORINO, ITALY and DAYTON, OH--(Marketwired - Oct 16, 2014) - Panini is pleased to announce that effective today Pierfranco Pontrandolfo will join the company as Chief Operating Officer and will lead the company's global supply chain operations including sourcing, production, and product development. Additional company operational areas including Information Technology and Human Resources will also report to Mr. Pontrandolfo. Panini is implementing this managed change to support and accelerate continued growth while extending its market leadership position.

Mr. Pontrandolfo is a highly successful and experienced senior operations executive with a well-established track record of achieving superior results in areas such as profitability, quality, and overall efficiency and his global supply chain experience includes markets such as the United States, Italy, China, Brazil, India, and Russia.

His previous roles include CEO of Feraboli SpA (Maschio-Gaspardo), Managing Director of Volpi SpA, CEO of Marposs/Metrel SpA, and General Manager / COO roles at Group Defond, AKKA Technologies Group, Viasystems, and Group Olear. Mr. Pontrandolfo's vast experience in production operations, lean manufacturing, industrial process design, and total quality management systems will solidify and extend Panini's renowned reputation for superior quality and breakthrough innovation. He will report directly to Panini's CEO, Michael Pratt, who notes "The addition of an operations executive of this caliber will be instrumental to the growth strategies we have developed while reinforcing our total quality commitment to customers and partners."

About Panini
Founded in Turin, Italy, Panini has enabled clients to capitalize on shifts in the global payments processing market for almost seventy years. Panini has a rich history of technology innovation, leveraging the company's expertise in research & development. Panini's market leading solutions are based on state-of-the-art engineering resources and ISO-9000 quality certified production. Panini offers check capture solutions that enable customers to fully realize the advantages and efficiencies available with the digital transformation of the paper check, resulting in the world's largest deployed base of check capture systems, now approaching one million devices. Panini's scalable check capture solutions address the complete range of distributed check processing opportunities including teller capture, back-counter capture, remote deposit capture and remittance processing. The company provides solutions on a global basis, and has direct subsidiary operations in the United States covering North America and in Brazil covering Latin American markets. For more information visit: www.panini.com.