Press Release: Jeff Clarke Elected CEO of Kodak
ROCHESTER, N.Y., March 12 - The Board of Directors of Eastman Kodak Company (NYSE: KODK) has elected Jeffrey J. Clarke as Chief Executive Officer and a member of its Board of Directors.
"Jeff is the right person to lead Kodak forward. His combination of strengths and experience in technology, transformation, finance, operations, and international business is precisely what we set out to find in the next leader of Kodak. His past leadership positions have included businesses selling hardware, software and services, and printing - with B2B customers as well as consumers. The Board evaluated many highly qualified and talented people during the search, but it was clear to all of us that Jeff was the one we wanted. We feel extremely confident about Kodak's prospects with Jeff at the helm," said James V. Continenza, chairman of the board. "I thank Antonio Perez for his excellent leadership of Kodak through its complex and successful restructuring, and for solidifying our relationships with our valued customers since that time."
Clarke, 52, said, "I have enormous respect for the people of Kodak, and I am excited to join them in moving the company forward to new successes. This enterprise has some extraordinary opportunities, especially those presented by the company's proprietary technology in commercial printing, packaging and functional printing. Kodak has made excellent progress, building on one of the most successful reorganizations in recent years, and I look forward to continuing the work underway in transforming Kodak into a global B2B technology leader.
"My first priority is to spend my time listening to Kodak's employees, customers, partners and other stakeholders as part of a detailed evaluation of our operations, market opportunities and approach for success," continued Clarke. "Once that work is complete, I look forward to sharing our conclusions."
Antonio M. Perez, now Special Advisor to the Board, said, "Jeff Clarke is a talented and proven executive who is well qualified to lead Kodak through our next era, which I believe will be one of innovation and growth. I am excited about the next chapter in the future of this great company."