Tagsys names CEO

Radio Frequency Identification (RFID) provider Tagsys has named Bill Stuek CEO effective immediately, succeeding Elie Simon, who is leaving the company to pursue other interests.

Stuek will serve as both chairman and CEO of the company. He most recently was managing director of CCMP Capital, and worked for IBM for 30 years, holding a number of senior executive positions in sales and product development.