Created: 03/12/2014 8:47 AM WHEC.com
Kodak has a new CEO. The Board of Directors has elected 52-year-old Jeffrey Clarke as CEO and a member of its board.
Board of Directors Chairman James Continenza said, “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. 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 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. Once that work is complete, I look forward to sharing our conclusions."
Before joining Kodak, Clarke was a Managing Partner of Augusta Columbia Capita, a private investment firm.