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PAR Technology Expands Executive Team with New CPTO

NEW HARTFORD, NY – () – PAR Technology Corporation (“PAR”), a global restaurant technology company and provider of a unified commerce cloud platform for corporate restaurants, today announced that Raju Malhotra has been named Chief Product & Technology Officer (CPTO) of PAR Technology Corporation . Mr. Malhotra was previously CPTO at Punchh Inc., which was acquired by PAR in April 2021.

“We are honored to name Raju as PAR’s CPTO. Raju’s background is more than impressive and in our short collaboration he has exceeded all expectations, ”said Savneet Singh, CEO of PAR Technology. “We are thrilled to have Raju on board as we continue to revolutionize how restaurant technology meets our customers’ needs. Raju will lead the connection and development of the PAR platform as we remain a strong ally of the restaurant industry by bringing different solutions, products and integrations together. ”

Malhotra brings more than 20 years of leadership experience in software product development at Salesforce, Microsoft and many high-growth startups like Punchh. Prior to Punchh, Malhotra was Senior Vice President and GM of Marketing Cloud at Salesforce and Chief Product & Technology Officer at Khoros. He joined Khoros from Conversant, which was acquired by Publicis Groupe, where he led the development of an industry-leading personalization platform for digital marketers. He holds a bachelor’s degree in computer engineering from the National Institute of Technology, Kurukshetra, India and an MBA from the Wharton School of Business, University of Pennsylvania.

“I am very excited to be joining PAR Technology at this time of unprecedented growth in the hospitality industry. The pandemic has forever raised guests’ expectations. I look forward to helping leading brands serve their guests with PAR products and the unified commerce cloud to streamline their operations and deliver unparalleled experiences, ”said Malhotra.

This is a newly created role for PAR Technology to scale its unified commerce cloud. In this role, Mr. Malhotra will report directly to Savneet Singh, President & CEO of PAR Technology Corporation, and will be based in the Silicon Valley office.

ABOUT PAR TECHNOLOGY CORPORATION

For more than 40 years, PAR (NYSE Symbol: PAR) innovative products and services have helped bold and passionate restaurant brands build lasting guest relationships. We are the partner restaurants rely on when they have to serve amazing moments from opening to closing, during hectic rush hours and when the world forces them to adapt and overcome. More than 100,000 restaurants in more than 110 countries use PAR’s restaurant hardware, software, drive-thru and back-office solutions. With the recent takeover of Punchh Inc., a leading provider of SaaS-based solutions for customer loyalty and loyalty, PAR has developed into a unified commerce cloud platform for enterprise restaurants. To learn more, visit www.partech.com or connect with us LinkedIn, Twitter, Facebook, and Instagram.

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