Ronald Casciano

Ron Casciano is a former executive who served as the CEO, President, and Treasurer of PAR Technology Corporation, a company listed on the New York Stock Exchange (NYSE).12 He had a significant tenure with the company, holding various leadership positions over the years.

Career at PAR Technology

Casciano's career at PAR Technology spanned several years, culminating in his role as the top executive. His leadership came to an end when he announced his retirement from the position of CEO and President, effective January 2015.1 This transition marked a significant change in the company's leadership structure.

Stock Ownership and Compensation

During his time at PAR Technology, Casciano accumulated substantial ownership in the company:

• He owned approximately 197,200 shares of PAR Technology Corp (PAR) stock.3
• The value of his stock ownership was estimated to be over $11 Million.3

This level of stock ownership indicates Casciano's significant financial stake in the company he led.

Transition and Succession

The announcement of Casciano's retirement in November 2015 coincided with the election of Karen E. Sammon as the new CEO and Board Member.1 This succession plan demonstrated a structured leadership transition at PAR Technology.

Post-CEO Involvement

After stepping down from his executive roles, Casciano's involvement with PAR Technology didn't immediately cease:

• He continued to be associated with the company in some capacity, as evidenced by his participation in earnings calls even after his retirement as CEO.4
• In March 2015, shortly after his retirement announcement, Casciano was still representing the company on its Q4 2014 earnings call.4

While Ron Casciano's tenure as CEO and President of PAR Technology Corporation has ended, his long association with the company and significant stock ownership underscore his important role in the company's history and development.