Fundz

MagTek Appoints Montgomery 'Monty' Reeder as Chief Sales Officer

PRIVATESep 17, 2026

Position

Chief Sales Officer

Company

MagTek

Montgomery 'Monty' Reeder
ManufacturingSecurityElectronics

Description

MagTek announces the appointment of Montgomery 'Monty' Reeder as Chief Sales Officer, effective July 1, 2026. This decision comes as John Arato steps down into retirement.

Quick answer

MagTek Appoints Montgomery 'Monty' Reeder as Chief Sales Officer (September 17, 2026).

Who is the new Chief Sales Officer at MagTek?
MagTek named Montgomery 'Monty' Reeder Chief Sales Officer, announced September 17, 2026.
What did MagTek announce on September 17, 2026?
MagTek announces the appointment of Montgomery 'Monty' Reeder as Chief Sales Officer, effective July 1, 2026. This decision comes as John Arato steps down into retirement.
What does MagTek do?
Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission, and security of cards, barcodes, checks, PINs, and identification documents.
Which similar companies made leadership changes around the same time?
Areal (September 16, 2026), RTX Corporation (September 15, 2026), Sivers Semiconductors (September 24, 2026) and Saab (September 10, 2026) also announced leadership changes within 45 days of MagTek.

Source: Fundz verified event record.

Other recent leadership changes in Security and Electronics

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at MagTek, and when

A new leader at MagTek brings new priorities and often new vendors. The first weeks are when they listen.

  • An alert the day MagTek raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MagTek, from your own LinkedIn network

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Company Information

Company

MagTek

About

Founded in 1972, MagTek is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission, and security of cards, barcodes, checks, PINs, and identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card reader/authenticators, Qwantum secure cards, token generators; EMV Contact Chip, EMV Contactless, barcode and NFC reading devices; encrypting check scanners, PIN pads, and credential personalization systems. These products are used worldwide by financial institutions, retailers, payment processors, and ISVs to provide efficient and private electronic transactions. MagTek is headquartered in Seal Beach, CA.

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MagTek changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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