Jeffrey J. Clarke, Former VP at Hewlett-Packard, is New CEO of Kodak

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Eastman Kodak’s board of directors has elected Jeffrey J. Clarke (above) as chief executive officer and a member of its board of directors. Previous Kodak CEO Antonio M. Perez is now special advisor to Kodak’s board of directors.
Prior to joining Kodak, Clarke was a managing partner of Augusta Columbia Capital (ACC), a private investment firm focused on middle-market technology and technology-enabled businesses that he co-founded in 2012. Prior to ACC, Clarke was the chairman of Travelport, a private travel technology firm, where he served as CEO from 2006-2011, after leading its sale from Cendant Corporation to the Blackstone Group for $4.3 billion in 2006. During his tenure, Travelport successfully launched an initial public offering (IPO) for its Orbitz business.

Clarke was also the chief operating officer of CA, Inc., an enterprise-software company, from 2004-2006, where he was responsible for sales, services, distribution, corporate finance, mergers and acquisitions, information technology, corporate strategy, and planning.

Clarke was an executive vice president at Hewlett-Packard from 2002-2003. As EVP of Global Operations, he was responsible for HP’s worldwide supply chain, manufacturing, procurement, and Internet operations (HP.com). He also co-led HP’s merger integration with Compaq Computer. Prior to HP, Clarke was the chief financial officer of Compaq Computer, which he joined in 1998 following the merger of Compaq with Digital Equipment Corporation (DEC). At DEC from 1985-1998, he served in management roles in international operations, finance and manufacturing.

Clarke will continue to serve as chairman of Orbitz Worldwide, a global online travel agency since 2007. He will also continue to serve on the boards of directors of Red Hat, an enterprise-software company, and Compuware Corporation, an enterprise-software company.

Clarke earned an MBA from Northeastern University, where he serves as a trustee. He holds a B.A. in Economics from SUNY Geneseo.

Clarke, 52, commented, “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.

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