TSR, Inc. Names Thomas Salerno CEO
March 24 2020 - 5:00PM
Business Wire
TSR, Inc. (Nasdaq: TSRI), a leading provider of computer
programming consulting services (“TSR” or the “Company”), today
announced that its Board of Directors has appointed Thomas Salerno
as President, CEO and Treasurer of the Company.
Effective as of March 23, 2020, Thomas Salerno was named
President, Chief Executive Officer (principal executive officer)
and Treasurer of TSR. Previously, on January 27, 2020, Mr. Salerno
had been named Acting CEO of TSR. Since 2011, Mr. Salerno, 52, has
served as the Managing Director of TSR Consulting Services, Inc.,
the Company’s IT consulting services subsidiary and largest
business unit. Mr. Salerno has over 20 years of experience in the
technology consulting industry. Prior to joining the Company, Mr.
Salerno spent eight years at Open Systems Technology as Associate
Director, two years as Vice President of Sales and Recruiting for
Versatech Consulting, and three years as an Account Representative
for Robert Half Technologies. Mr. Salerno holds a Bachelor’s Degree
from Johnson and Wales University.
“The board and I are convinced that Tom can lead TSR through
these uncertain times and on to its next stage of growth,” said
Bradley Tirpak, Chairman of the Board. “He has demonstrated
leadership and a fresh perspective in almost every corner of the
business.”
About TSR, Inc. TSR provides contract computer programming
services in the New York metropolitan area, New England, and the
Mid-Atlantic region. It offers technical computer personnel to
supplement the in-house information technology capabilities of its
customers in the areas of .net and java application development,
Android and iOS mobile application platform development, project
management, IT security, cloud development and architecture, UI
design and development, network infrastructure and support, and
database development and administration, and also provides business
analysts and other staff to its customers. TSR, Inc. was founded in
1969 and is based in Hauppauge, New York.
Forward-Looking Statements
Certain statements in this press release which are not
historical facts may constitute “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995, as amended. Words such as “anticipate,” “believe,”
“demonstrate,” “estimate,” “expect,” “forecast,” “intend,”
“likely,” “may,” “plan,” “should,” and “will,” and similar
expressions identify forward-looking statements. Such
forward-looking statements are based upon the Company’s current
plans, estimates and expectations and are not a representation that
such plans, estimates, or expectations will be achieved.
Specifically, forward-looking statements in this document may
include, but are not limited to, the statements regarding the
appointment of an Acting CEO. These and other forward-looking
statements involve known and unknown risks, uncertainties and other
factors that are difficult to predict and which may cause the
actual events to differ materially from the expectations,
intentions, beliefs, plans or predictions of the future expressed
or implied by such forward-looking statements. These risks,
uncertainties and other factors include, among others, the factors
and matters described in the Company’s filings with the SEC,
including, but not limited to, the Company’s most recent Form 10-K,
Forms 10-Q and Forms 8-K, which are available at www.sec.gov. The
forward-looking statements included in this press release are made
only as of the date of this press release and we do not undertake
any obligation to publicly update any forward-looking statements to
reflect subsequent events or circumstances, except as required by
law. Readers are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date
hereof.
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John Sharkey 631-231-0333
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