TransAct Technologies has appointed Troy Ingianni as the solution provider’s new CFO, following Robert Campbell’s decision to withdraw his candidacy for personal reasons, having originally been unveiled as the new CFO on May 8.
Campbell was set to succeed Steven DeMartino as CFO, who will retire from his positions as President, CFO, Secretary and Treasurer on June 30. Ingianni will instead take over the role, effective July 1.
“I am excited to join TransAct as CFO at such a pivotal moment for the company. The BOHA! platform represents a compelling and growing opportunity, and I look forward to working alongside John and the entire team to strengthen our financial foundation and support TransAct’s continued growth,” Ingianni said.
“I am eager to contribute to the company’s success and to help deliver long-term value for stockholders.”
Ingianni joins the solutions provider after serving with Barnes Group for nearly 15 years, having most recently held positions such as VP, Global Controller and Principal Accounting Officer. Prior to his work with Barnes Group, Ingianni served as Senior Manager at Deloitte & Touche for 11 years.
“As we continue to scale our BOHA! SaaS platform and build a higher-margin recurring revenue stream, strong financial leadership will be critical to our strategy. Troy’s exceptional background in technical accounting and public company financial leadership makes him the most qualified candidate to step into this role,” TransAct CEO John Dillon said.
“His experience managing global organizations and his hands-on approach to partnering with executive leadership gives us great confidence in his ability to drive positive change at TransAct.”
TransAct reported its total sales and operating performance for Q1 2026 on May 12, as the supplier’s revenue increased 10.4% to $14.4m, while net income managed to reach $766,000 after totaling just $19,000 during the first quarter of 2025.
Gross profit increased 14.1% to $7.3m for Q1 2026, despite TransAct’s cost of sales rising 7% to $7.2. Even with operating expenses increasing 1.7% to $6.5m, the supplier’s operating income rose to $771,00 following a $15,000 loss for Q1 2025.
Former TransAct Technologies CEO Bart Shuldman issued an open letter to the Board of Directors and fellow shareholders on April 24 to express concerns over the provider’s strategic direction
