Tidel Names New President and CEO

Published in CSP Daily News

Earns “fastest-growing” honor in North Texas

CARROLLTON, Texas -- Tidel Engineering L.P., a leader in cash-management systems and robbery deterrent products, announced the appointment of Gary Landry as president and chief executive officer.

Gary had previously joined the Tidel Board of Directors on Jan. 1, 2013.

Gary brings over 30 years of experience in the logistics and cash management industries to Tidel, including several executive leadership roles at Brink’s Inc., a global leader in cash in transit and secure logistics services.

In his most recent role at Brink’s, Landry served as executive vice president, international, and prior to his international role, he served as president, Brink’s U.S.

"I am very pleased and honored to be joining Tidel Engineering as president and CEO at this exciting time in the company’s continued growth," said Landry. “Tidel has long been a leader and innovator in providing best-in-class cash management solutions for the retail marketplace. I look forward to working with the Tidel team to further our market leadership position by bringing new levels of innovation, customer experience and value to the markets we serve.”

“We are very delighted that Gary will be leading Tidel,” said Alex Beregovsky, Tidel board member and principal, Vector Capital. “Gary’s track record of strategic leadership and innovation, combined with his deep understanding of the cash management market, uniquely position him to begin a new chapter in Tidel’s history."

Meanwhile, Tidel Engineering, Carrollton, Texas, has been named the 56th fastest-growing private company in North Texas by Southern Methodist University's Caruth Institute for Entrepreneurship. The honor was announced at the annual Dallas 100 Awards Ceremony and Banquet on Thursday, Nov. 14.

Dallas 100, co-founded by SMU Cox Caruth Institute for Entrepreneurship, honors the ingenuity, commitment and perseverance of the fastest growing privately-held entrepreneurial businesses in the Dallas area.

Tidel, a wholly owned subsidiary of Sentinel Technologies Inc. (a private holding company), has been a manufacturer of cash security equipment designed for specialty retail marketers since 1978. Tidel designs and manufactures products for cash security and robbery deterrence, as well as retail cash management.

Tidel is a portfolio company of Vector Capital, a $2.5-billion global technology private equity firm based in San Francisco.