Business News
Presstek announces Sudden Passing of President and CEO, Sparsh Bhargava
Wednesday 02. November 2016 - Presstek, LLC, leading provider of eco-friendly printing solutions, has announced the sad news that its President and CEO, Sparsh Bhargava, died unexpectedly on Friday the 28th October 2016.
Mr. Bhargavas clear vision and expertise was respected by all at Presstek. He led the company to great success during the four years that he directed the business while a Partner at private equity firm American Industrial Partners (AIP, owners of Presstek, LLC) and as Pressteks President and CEO for the last year. In 2012, Bhargava was appointed as a Partner at AIP and held numerous leadership roles at other AIP companies prior to his role as President and CEO of Presstek.
John Becker, General Partner at American Industrial Partners, who assumes Bhargavas role immediately, commented: “Sparsh was a tremendous individual who will be dearly missed. He was loved by all, had a work ethic like no other but most importantly, he was a great person who never finished a day without telling us about his love and respect for his family. Sparshs guidance and insights into the business have left us in a strong position to continue to achieve his vision for the companys future.”
Bhargavas impressive career also included the position of Vice President of Marketing at iCare Software, an enterprise software start-up in the early education industry, and Project Manager at Procter & Gamble. During his time at Procter & Gamble he managed new product launches and cost savings projects across multiple categories and manufacturing plants.