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Baldwin Technology announced that John Heald Jr. has resigned as president, CEO and a director of the company. Gerald Nathe, chairman and currently a director of the company, has been elected to the offices of president and CEO, following the resignation of Heald. Nathe was formerly CEO of Baldwin from 1995 through 2001 and served as president from 1993 through 2001. In other company news, Baldwin has completed the previously announced sale of substantially all of the assets of the Baldwin Kansa Corp. to Kansa Technology LLC in exchange for the assumption of specified liabilities and approximately $3.8 million in cash.
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