United States

People: Transcat Inc (TRNS.O)

TRNS.O on Consolidated Issue listed on NASDAQ Global Market

21 Oct 2016
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Sassano, Carl 

Mr. Carl E. Sassano is Independent Director of Transcat Inc. Mr. Sassano served as our chairman of the board from October 2003 until April 2007 and from May 2008 until July 2013. From April 2007 to May 2008, Mr. Sassano served as our executive chairman of the board. Mr. Sassano became our president and chief executive officer in March 2002 and served in these roles until May 2006 and April 2007, respectively. Prior to joining us, Mr. Sassano served as president and chief operating officer of Bausch & Lomb Incorporated in 1999 and 2000. He also held positions in Bausch & Lomb as president-global vision care (1996-1999), president-contact lens division (1994-1996), group president (1993-1994) and president-Polymer Technology (1983-1992), a subsidiary of Bausch & Lomb. Mr. Sassano also serves as a director of Medifast, Inc. (NYSE:MED) and served as a member of the board of directors of IEC Electronics Corp. (NYSE MKT: IEC) from 2006 through August 2012 and as a trustee of Rochester Institute of Technology from 1996 through June 2013.

Basic Compensation

Total Annual Compensation, USD 164,749
Restricted Stock Awards, USD 55,995
Long-Term Incentive Plans, USD --
All Other, USD 127,541
Fiscal Year Total, USD 348,285

Options Compensation

  Quantity Market Value
Exercisable 50,000 200,000.00
Unexercisable 10,895 8,062.00
Exercised 100,000 426,500.00