Kodak Looks to Become Faster, More Competitive with Reorganization

December 4, 2014 – Eastman Kodak reports that it’s setting up a new organizational structure to make the company faster-moving and more competitive. Effective January 1, 2015, Kodak will have five business divisions: Print Systems; Enterprise Inkjet Systems; Micro 3D Printing and Packaging; Software and Solutions; and Consumer and Film.

These divisions will be end-to-end operating units with responsibility for portfolio, product design, engineering, services, sales, purchasing ,and supply-chain operations.

“Kodak has an extraordinary product and service portfolio, groundbreaking scientific and engineering expertise, and a world-famous and highly trusted brand,” commented Kodak Chief Executive Officer Jeff Clarke. “We now have the right organizational structure for deploying those strengths to drive growth. We designed this structure to sharpen our focus on performance, predictability and accountability for business results.”

Kodak’s new operating divisions, their markets, and leaders are:

• Print Systems Division: Brad Kruchten, president of Print Systems, and senior vice president for Kodak, will lead this division, which will serve graphic-arts and commercial-print customers with printing plates (including KODAK SONORA Process Free Plates), computer-to-plate (CTP) imaging solutions, electrophotographic printing solutions (EPS), OEM toner, and all equipment services.
• Enterprise Inkjet Systems Division: Philip Cullimore, president of Enterprise Inkjet Systems, and senior vice president for Kodak, will lead this division, which will serve existing and future inkjet-printing customers with KODAK PROSPER Systems (including the PROSPER 6000 Press, a commercial inkjet press); KODAK VERSAMARK Systems; Print on Demand Solutions (PODS); and ink OEM solutions.
• Micro 3D Printing and Packaging Division: Philip Cullimore will also lead this group on an interim basis as president. Micro 3D Printing and Packaging will serve packaging customers and display-OEM partners with products such as KODAK FLEXCEL NX Systems and Plates, legacy-packaging solutions and touch-sensor films.
• Software and Solutions Division: Eric-Yves Mahe will be president of this division, as well as a senior vice president at Kodak. This division includes Kodak Technology Solutions, which is designed for prioritizing and monetizing Kodak technology in partnership with Kodak Research Labs; KODAK Unified Workflow Solutions; Brand Protection Solutions; Kodak Services for Business; and Design 2 Launch solutions to manage and coordinate use of brand assets.
• Consumer and Film Division: Steven Overman will serve as president of this division, as well as a senior vice president at Kodak. Overman is also Kodak’s chief marketing officer, and, leading this consumer division, will be responsible for consumer-inkjet solutions, motion-picture and commercial films, synthetic chemicals, and brand licensing. This division is responsible for the exploration of other potential initiatives in the consumer space.

Kodak is also combining its current four regional sales organizations into two: Europe, United States and Canada, Australia and New Zealand (EUCAN) and Asia, and Latin America, Middle East and Africa (ALMA). These organizations will be led by John O’Grady, managing director, EUCAN, and vice president at Kodak, and by Lois Lebegue, managing director for ALMA, and a vice president at Kodak.  Common service and back-office support will be hosted in a shared service model in each region for all businesses.

Kodak says it’s also is optimizing its corporate functions by eliminating overlapping responsibilities. The corporate functional leaders are:

• John McMullen, Chief Financial Officer and Executive Vice President;
• Mark Green, Chief Human Resources Officer and Senior Vice President;
• Steven Overman, Chief Marketing Officer and Senior Vice President;
• Patrick Sheller, General Counsel, Secretary and Chief Administrative Officer and Senior Vice President;
• Terry Taber, Chief Technical Officer and Senior Vice President; and
• Kim VanGelder, Chief Information Officer and Vice President. VanGelder will now report to CEO Jeff Clarke.

More Resources:

In Landmark Third Quarter, Kodak Returns to Profitability

Improved Earnings for Kodak in Second Quarter, Smaller Loss

Former HP Exec John N. McMullen is New Executive VP and Chief Financial Officer for Kodak