Kay to Replace Father as President of Kaypro

David Kay was named president of Solana Beach-based Kaypro Corp., replacing his father, Andrew. The elder Kay had been president since 1952, when he founded the company, then known as Non-Linear Systems.

Andrew Kay, 65, will continue as Kaypro chairman.

David Kay, 40, had served as vice president of marketing and new product development since 1980.

“The transition won’t be all that dramatic,” David Kay said Monday.

“The company will have more of a marketing orientation, but my father will continue to be very active in the company. He is by no means going to be taking time off,” he said.

Kaypro reported a $6.2-million loss for the third quarter ended May 31 on revenue of $16.7 million, a 48% decline from the same period in 1984.

Kaypro recently announced across-the-board price cuts geared at restoring sales that have been slipping for more than a year.

David Kay said the company’s new Kaypro PC, an IBM XT-compatible desk-top model, will help restore the company to its role as “the price/performance leader” in the microcomputer market.