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TSR’s CEO takes leave of absence

January 30, 2020

IT staffing provider TSR Inc. (NASDAQ: TSRI) announced CEO and Treasurer Christopher Hughes began a temporary leave of absence effective Jan. 27. The board appointed Thomas Salerno as acting CEO.

Hughes previously resigned from his role as board chairman on Dec. 30, when he and four other board members stepped down as part of a settlement to a proxy contest.

Salerno since 2011 has served as the managing director of TSR Consulting Services Inc., the company’s IT consulting services subsidiary and largest business unit. He has more than 20 years of experience in the technology consulting industry.

The Hauppauge, New York-based company previously reported revenue fell 7.1% in its fiscal second quarter ended Nov. 30, 2019.