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Kodak...


  • From: P3D Eric Goldstein <egoldste@xxxxxx>
  • Subject: Kodak...
  • Date: Fri, 03 Oct 1997 16:18:29 -0400

Thursday October 2 1:31 PM EDT 

Kodak Reshuffling Consumer Imaging Business

ROCHESTER, N.Y. (Reuters) - Film and photo equipment maker Eastman Kodak 
Co., plagued by the strong dollar and competition from rival Fuji Film 
Co., said Thursday it was reshuffling its consumer imaging business 
management. 

The unit's president, David Biehn, 54, will retire early next year and 
will be succeeded by Robert Keegan, 50, currently president of the Kodak 
Professional unit, the company said. 

The consumer imaging office of the president will be shared by Keegan 
and the unit's chief operating officer, Henri Petit. The appointments 
are effective October 13. 

Kodak last week said it would cut 200 senior and mid-level management 
jobs, or 20 percent of its managerial workforce, in the next few weeks. 

In the reshuffle announced today, Patrick Siewert, also chief operating 
officer of Kodak's consumer imaging business, will replace Keegan as 
head of the professional photo unit. Siewert will share the Kodak 
Professional office of the president with Susan McLaughlin, who will 
remain the unit's chief operating officer. 

"Up to today, we had two chief operating officers in consumer imaging; 
now we're going to one," a Kodak spokesman said. 

The management changes come as Kodak has seen its U.S. market share of 
film rolls drop to 70 percent from 75 percent last year. At the same 
time, its international profits have tanked in the wake of a 
strengthening U.S. dollar.


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