APG Cash Drawer Ltd.

APG Cash Drawer Announces Leadership Change Within its European Operations

Global Cash Management Solution Manufacturer Appoints Industry POS Veteran

APG Cash Drawer, a rapid growing global manufacturer of cash management solutions, announced today the addition of Andrew Carr to the position of Managing Director. Effective November 1st, Mr Carr will oversee all corporate European activities strengthening APG’s global leadership team and commitment to the point of sale industry and customers worldwide.

Mr Carr has an extensive background in a variety of technology sectors, as part of a long and successful career with IBM, now TGCS.  More recently Mr Carr led Toshiba’s UK&I Retail business, following the acquisition of the Retail Stores Solution (RSS) business from IBM.  “I am excited about the opportunity that the APG product portfolio presents to retailers-- specifically the SMARTtillTM Solution throughout the United Kingdom and Europe,” stated Mr Carr. “I am honored to be part of this innovative and well respected company.”

“After sixteen years Mr Phil Stone has decided to retire from APG as Managing Director,” stated Mark Olson, President and CEO of APG Cash Drawer.  “Under Mr Stone’s leadership, the former Cash Bases company grew to become a recognized leader in bespoke cash drawer products, and he was instrumental in bringing the innovative SMARTtillTM Cash Management Solution to the POS marketplace. We wish him well in retirement.”

“Mr Carr brings a wide range of knowledge, experience and relationship connections to APG in the European POS industry,” said Mr Olson. “We look forward to his leadership as Managing Director for our European activities, as we continue our successful journey to the future.”

About APG Cash Drawer, LLC
APG Cash Drawer, with over 38 years of experience, manufactures a wide range of highly durable and reliable cash drawers that are delivered quickly to the marketplace.  APG has built a reputation as the supplier of choice for cash management solutions for retail, grocery, hospitality, and quick serve for thousands of customers throughout the world. Whether it’s our general application cash drawer, custom designed solutions, or the SMARTtillTM Intelligent Cash Drawer, our products and brand are differentiated by our ability to deliver innovative technologies that globally enhance efficiency and security at the point of sale. To learn more about our products, visit http://www.cashdrawer.com/europe or call +44 1273 616300. Follow us on Twitter at @apgcashdrawer and on Facebook.