Presto Automation has appointed Steve Herbert as a Strategic Advisor for Presto Touch, Presto’s at-the-table self-serve payment and ordering technology business line. Steve was previously the Chairman and CEO of USA Technologies, a public company focused on hardware and software payments solutions for the retail industry. In the strategic advisor role, Steve is working closely with Presto’s leadership to seek to transition existing customers to Presto Touch next-generation Flex product and to define a product strategy that maximizes shareholder value. This is in furtherance of the previously announced consideration of strategic alternatives for Presto Touch solution and evaluation of which path makes best sense for shareholders.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PRST:
- Presto Automation Announces Fiscal First Quarter 2024 Financial Results
- Presto implements reduction in force of full-time employee base by 17%
- Presto enters agreements with Remus investor group, adds two to board
- Presto Raises Capital from Remus Investor Group, Announces Addition of Two Board Members, and Significant Cost Reductions
- Presto to Report Fiscal First Quarter 2024 Financial Results
