Co-founder and CEO, Warren Katz, to Retire
Cambridge, Mass., January 12, 2012– VT MÄK (MÄK), a company of VT Systems, Inc. (VT Systems), today announced the retirement of CEO and co-founder, Warren Katz, effective January 20. Katz founded MÄK in 1990 with John Morrison and has acted as COO and CEO during his twenty-one years with the company. Katz and the MÄK board of directors have selected Daniel J. Schimmel as the company’s new CEO. A smooth transition is expected, with no disruptions to operations as Schimmel and Katz have been working together to execute a transition plan over the past few months. Notwithstanding his retirement as a CEO, Katz will remain a consultant and advisor to the company.
