Court-Appointed Custodian's Regime Drives More TransPerfect Senior Staff To Resign

DOVER, Del., Oct. 25, 2017 /PRNewswire/ -- Two more senior staffers have resigned in the wake of Custodian Robert Pincus' reckless path to sell off TransPerfect, a successful, private company. Keith Brazil, Senior Vice President with TransPerfect for over 15 years and Chris Patten, Vice President of Technology, have resigned this week. These recent resignations come just weeks after the Chief Technology Officer and the Chief Information Officer left the company, citing Custodian Pincus' audacious management as the reason for leaving.

Citizens for a Pro-Business Delaware has recommitted its efforts to urge legislators to act on the Chancery Court's rogue custodian. "While the Custodian is tasked with making good decisions for the company, he has insulted and demeaned the leadership, usurped their tenure which caused the largest breach in company history and is now causing the mass exodus of its top and seasoned talent," said Miranda Wessinger, President of Citizens for a Pro-Business Delaware.

Brazil, along with Mark Hagerty, was responsible for the creation, design and successful evolution of the industry leading GlobalLink suite of tools - the same tools that channel over 80 million in revenue to TransPerfect and runs 90% of its internal production. Morale at TransPerfect is declining and Delaware's courts are pushing out individuals key to the company's success.

"If Delaware legislators continue to ignore the Custodian's reckless actions, Delaware will be known as the state that not only forced the sale of a privately-owned U.S. company, but also sent more than 4,000 jobs overseas," said Wessinger.

Citizens for a Pro-Business Delaware is a group made up of more than 2,200 members including employees of the global translation services company TransPerfect, as well as concerned Delaware residents, business executives and others. They formed in April of 2016 to focus on raising awareness with Delaware residents, elected officials, and other stakeholders about the issue.

For more information on Citizens for a Pro-Business Delaware visit DelawareForBusiness.org.

Contact: Mary Urban, [email protected]

SOURCE Citizens for a Pro-Business Delaware

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