Transcat, Inc. Announces Resignation of Carl E. Sassano from Board, Effective July 26, 2022
July 25, 2022 at 04:31 pm EDT
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On July 25, 2022, Carl E. Sassano notified Transcat, Inc. (the Company") and its Board of Directors (the Board") of his decision to retire and resign from the Board, effective close of business on July 26, 2022. Mr. Sassano's resignation is not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.
Transcat, Inc. is a provider of accredited calibration, reliability, maintenance optimization, quality and compliance, validation, computerized maintenance management system (CMMS), and pipette services. The Company is focused on providing services and products to regulated industries, particularly the life science industry, which includes pharmaceutical, biotechnology, medical device, and other FDA-regulated businesses, as well as aerospace and defense, and energy and utilities. Its Service segment offers calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting and other related services, a majority of which are processed through its asset management system, CalTrak and its online customer portal, C3. Its Distribution segment sells and rents national and brand instruments to customers globally. It provides periodic on-site services, mobile calibration services, pickup and delivery, in-house services at its 27 calibration service centers.