Hypercom Corp.'s top two officers are trading places. In what the point of sale terminal company characterized as part of a planned succession, George Wallner has become president and chief executive officer.

Mr. Wallner, 49, the company founder, had been chairman and chief technologist. He will retain responsibility for research and development as he takes on the CEO responsibilities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.