Miguel Armaza interviews Savneet Singh, CEO of PAR Technology (NYSE: PAR), a company he helped transform from a struggling legacy hardware with a small market cap into a thriving restaurant technology leader now worth nearly $3 billion in the public markets.
When Savneet joined PAR's board in 2018, he found a company facing multiple crises - from DOJ investigations and activist investors to negative customer satisfaction scores and just $3.4 million in cash reserves. What started as a temporary CEO role to help sell the company evolved into a remarkable turnaround story.
In this episode, we discuss:
- The art of corporate triage and how to prioritize when everything is on fire
- Building conviction to make non-consensus bets as a leader
- Key lessons from M&A strategy and product integration
- The reality of transforming a public company while "changing the wheels in motion"... and a lot more!
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Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
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