LOUISVILLE — Bill Butler has been promoted to chief executive of Kiosk Information Systems Inc. in Louisville, replacing Tom Weaver, who will take on an executive-consultant role for the company.
Kiosk Information Systems designs and manufactures standard and custom self-service point-of-sale kiosks for retailers and Fortune 500 clients.
Butler has been Kiosk’s chief financial officer since November 2014. He was the senior director of finance for Niwot-based Crocs Inc. for eight years prior to joining Kiosk.
Weaver and Butler worked together to transition Kiosk from primarily a custom hardware engineering and field services firm to a full self-service solution company.
“The investments we’ve made in acquiring staff talent to support a full solution strategy have been substantial,” Weaver said. “Bill provides essential leadership in financial strategy, systems and process management that make or break change of this caliber. He was the obvious choice for Kiosk’s next CEO.”
Owen Chen, CEO of Posiflex Technology Inc. — Kiosk’s new parent company — selected Butler to help expand and diversify Posiflex’s point-of-sale product portfolio. Taiwan-based Posiflex acquired Kiosk Information Systesms last year when it paid approximately $105 million for all shares of Kiosk stock, but it kept Kiosk’s management team in tact.