Transcat CEO Lee Rudow to retire in March 2026

Transcat Inc. (NASDAQ: TRNS) announced that Chief Executive Officer Lee D. Rudow plans to retire from his position in March 2026 after 14 years with the company, including more than a decade as CEO.

Rudow will continue serving in his current role until March 2026 and transition to an advisory position following the appointment of his successor to provide guidance and continuity for the company through 2027.

The company's board has formed a search committee to identify and evaluate internal and external candidates for the next CEO position, with the search already underway, according to the press release.

"Thanks to his exceptional leadership and unwavering determination, Lee and his team have delivered unprecedented growth and transformative acquisitions during his tenure," said Chairman of the Board Gary Haseley.

Rudow commented on his retirement plans, stating he has spent 40 years in the calibration industry and believes the timing is appropriate to transition leadership. He noted the company's recent financial performance and acquisitions of Martin Calibration and Essco within the past twelve months.

Chief Financial Officer Tom Barbato said the company expects to return to high single-digit Service organic revenue growth in the second half of fiscal 2026, citing the company's expanded balance sheet and diversified portfolio.

Transcat provides calibration, reliability, maintenance optimization, and compliance services primarily to regulated industries including life sciences, aerospace and defense, and energy and utilities. The company operates calibration service centers across the United States, Puerto Rico, Canada, and Ireland.

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