Additech Adds Chief Technology Officer

Kemp returns to company where he played key role in design, upgrades

Published in CSP Daily News

Richard Kemp

HOUSTON -- Additech Inc., a leading outsourced operator of at-the-pump additive and interactive merchandising systems, recently appointed Richard Kemp to the position of chief technology officer. Kemp formerly held that role at Additech from 2004 to 2005 and spearheaded a key round of system design and upgrades.

"We are delighted to have Richard back on the team," said Bolling H. (Bo) Sasnett III, Additech's president and chief executive officer. "He played a strong role in setting up our original information technology infrastructure. With his expertise and leadership, we anticipate further technical advances that will continue to facilitate Additech's consumer interface and experience at the pump."

Kemp is a hands-on leader with a knack for creative problem-solving, the company said.

"I look forward to rejoining the Additech leadership team," said Kemp. "The business environment has shifted over the last few years, increasing the need for even more technical flexibility. Our dispensing technology is a competitive advantage that we will continue to evolve and invest in."

Kemp has more than 25 years of executive experience in software and system development at a variety of companies. He most recently served as director of risk and security management at Axway, a global technology solutions provider. In addition to his prior work at Additech, Kemp also previously held executive positions at Axway, Wells Fargo, Anacomp and Fiserv.

Houston-based Additech's patented systems, installed on more than 5,000 fueling positions, enable fuel retailers to merchandise a variety of products and services to consumers at the gasoline dispenser. The company's technology integrates with fuel dispensers and point-of-sale (POS) systems to offer retailers a complete merchandising solution. Additech offers its solutions to high-volume fuel retailers on a turnkey service basis. Retailers receive a share of Additech's revenues, without having to make a capital investment, while Additech is responsible for installing, operating and maintaining the systems. Major retailer partners include HEB, Kroger and Murphy USA.

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