WEST WARWICK – Specialty high-tech printing systems manufacturer Astro-Med Inc. said Wednesday that Albert W. Ondis, director and chairman of the board and CEO, retired due to illness.
Ondis, 85, whose retirement was effective upon the announcement, founded Astro-Med in 1969 and had led the company as chairman and CEO since its inception.
Everett V. Pizzuti, 74, has taken the reins as CEO and Jacques V. Hopkins, 80, will take on the role of chairman of the board of directors.
Pizzuti had served as president and chief operating officer since 1971 and a director since 1985.
Hopkins has been a member of the board of directors since 1969 and served as chairman of the company’s audit committee.
“Albert Ondis has been a driving force behind this company since its founding in 1969,” said Hopkins in a news release.”We will miss his vision, insight and wisdom. We are grateful for the strong foundation he has laid.”
Astro-Med also manufactures electronic medical instrumentation, and test and measurement instruments.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.