Monday, September 24, 2007

New President, COO at Kodak

Eastman Kodak Company announces this morning that Phil Faraci has been named the company's President and Chief Operating Officer (COO). This follows an organization change in March (see "Busy Times ... ") that gave shared responsibilities to Faraci and fellow exec (and HP alum) Jim Langley for the then-newly-created "Chief Operating Office".

The release quotes CEO Antonio Perez on Langley's contributions and end-of-2007 departure:

'Kodak's promising future reflects in large part the great business that Jim built for us,' Perez said. 'I cannot thank him enough for coming out of retirement to help establish Kodak as a leading participant in the graphic communications industry. Jim has completed the work he came to do, and the result is that the position of GCG president is no longer necessary in this new structure. I wish Jim all the best upon his return to his private life, and I thank him for all of his many contributions.'

Probably well deserved kudos, but interesting on the "return to private life". Has Perez been listening to too many Rove/Gonzalez-type speeches?

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