"I am very honored and proud to have been selected as MICROS' new President and Chief Executive Officer," added Mr. Altabef. "I am most excited about working with Mr. Giannopoulos and the very talented executive management team he has assembled. I am confident that we can continue to grow the Company, whose foundations are strong and deep, and whose innovation in the markets we serve is unparalleled."About MICROS Systems, Inc.MICROS Systems, Inc. provides enterprise applications for the hospitality and retail industries worldwide. Over 370,000 MICROS systems are currently installed in table and quick service restaurants, hotels, motels, casinos, leisure and entertainment, and retail operations in more than 180 countries, and on all seven continents. In addition, MICROS provides property management systems, central reservation and customer information solutions for more than 30,000 hotels worldwide, as well as point-of-sale, loss prevention, and cross-channel functionality for more than 150,000 retail stores worldwide and 17,000 Fuel and Convenience stores. MICROS stock is traded through NASDAQ under the symbol MCRS.
MICROS Systems, Inc. Announces CEO Succession Plan; Peter Altabef To Become Chief Executive Officer; A.L. "Tom" Giannopoulos To Serve As Executive Chairman
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