SHELTON, CT, February 26, 2007 – Baldwin Technology Company, Inc. announced today that Vijay Tharani, the Company’s Vice President, Chief Financial Officer and Treasurer will be leaving Baldwin on March 2, 2007 to pursue another opportunity.
Company Chairman and CEO Gerald A. Nathe said, “We appreciate the many contributions that Mr. Tharani has made to the company’s business success during his near six-year tenure with the company. Vijay joined Baldwin at a financially difficult time, and as he leaves now, the company is in a strong financial position. We wish him well as he progresses on to the next stage of his career.” Mr. Nathe also noted that Baldwin expects to announce a successor to the CFO position in the near future.
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