A new development at Kodak
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Manufacturing News, Source : TheManufacturer.com
Published : 11 May 2005 15:50
Eastman Kodak’s board of directors announced today that it has elected current President and Chief Operating Officer Antonio M. Perez to the post of Chief Executive Officer, succeeding Daniel A. Carp, who plans to retire after 35 years with the company.
The company, which is the world’s largest film manufacturer, has been struggling to stay relevant in today’s digital photography age, attempting to expand its reach into digital photography, medical imaging and commercial printing. Kodak is also planning on eliminating 12,000 to 15,000 jobs by 2007 to cut its costs.
“Kodak is privileged to have the strategic vision and experience of Dan Carp and Antonio Perez to lead us through this challenging transformation,” said Richard S. Braddock, the presiding director of Kodak’s board of directors. “Dan embraced the digital opportunity, and recruited Antonio as the leader who will advance Kodak’s success in digital markets.”
Carp is currently chairman and CEO, and he will continue as chairman until his retirement at the end of the year, when Perez will become chairman in addition to his responsibilities as CEO and president.
Carp became president and COO in January 1997. He became CEO in January 2000 and chairman in December 2000. He joined the company in 1970 as a statistical analyst, and during his career served as the general manager for Kodak in Europe, Africa and the Middle East, as well as Latin America and Canada.
Perez joined Kodak in April 2003 after a career that included 25 years at Hewlett-Packard Company, where he was a corporate vice president.
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