ReposiTrak Rings NYSE Closing Bell, Marking Milestone for Company and Progress Toward Traceability

May 07, 2024 at 07:00 AM EDT

Chairman, CEO Randy Fields closes the day’s trading at the New York Stock Exchange

ReposiTrak (NYSE: TRAK) Chairman and CEO Randy Fields, along with the company’s Board of Directors and senior leadership, rang the closing bell at the New York Stock Exchange on April 30, 2024. The event marked the company’s progress toward advancing food safety and traceability in the food supply chain and its uplisting from Nasdaq to the New York Stock Exchange under its new ticker (NYSE: TRAK).

“Ringing the bell at the historic New York Stock Exchange was a milestone and one that we’ll never forget,” said Randy Fields, chairman and CEO of ReposiTrak. “It was a moment to acknowledge the progress we’ve made over the last two decades in advancing food safety and traceability across the food supply chain and also, importantly, to contemplate the road ahead.”

ReposiTrak, the world’s largest food traceability and regulatory compliance network, leveraging its established inventory management and out-of-stock reduction SaaS platform, has evolved from the AMEX, to Nasdaq and in November 2023, to the NYSE. ReposiTrak serves a customer base of more than 30,000 retailers, wholesalers and suppliers in more than 110 countries through a robust solution suite consisting of three product families: food traceability, compliance and risk management, as well as supply chain solutions.

The company’s newest offering, the ReposiTrak Traceability Network^®, RTN, enables the exchange and maintenance of data between food supply chain operators, enabling customers to meet and exceed the requirements of the FDA’s FSMA 204 food traceability law. Under FSMA 204, manufacturers, processors and those who pack or hold foods on the Food Traceability List (FTL) must establish and maintain Key Data Element (KDE) records for specific Critical Tracking Events (CTEs). As an FTL food changes hands or changes form, a compounding string of data must be transferred between trading partners to provide full, end-to-end traceability.

For the ceremony, Fields was joined by members of the ReposiTrak Board of Directors and senior leadership team, including but not limited to:

Board Members:

Robert Allen, former CEO of Southern Belle Dairy
Ronald Hodge, former CEO of Delhaize America
Peter Larkin, President and CEO of Larkin Consulting LLC

Leadership:

Derek Hannum, Chief Customer Officer
Cerina Hrasko, Vice President, Development
John Merrill, Chief Financial Officer
Ed Clissold, Esq., General Counsel

Watch a video of the day’s events: https://repositrak.com/blog/this-week-at-the-new-york-stock-exchange-a-milestone-for-repositrak-in-advancing-food-safety-and-traceability/

About ReposiTrak

ReposiTrak (NYSE: TRAK), formerly Park City Group, provides retailers, suppliers and wholesalers with a robust solution suite consisting of three product families: food traceability, compliance and risk management and supply chain solutions. ReposiTrak’s integrated, cloud-based applications are supported by an unparalleled team of experts. For more information, please visit https://repositrak.com/.