Eastman Kodak Company announced today that Antonio M. Perez has joined the company as president and chief operating officer (COO), reporting to chairman and CEO Daniel A. Carp. His appointment is effective immediately. Kodak also announced that Martin M. Coyne II, executive vice president and group executive of the company's Photography Group, will retire from the company.
Mr. Perez will oversee the day-to-day operations of the following businesses and other units at Kodak: Consumer Imaging, Kodak Professional, Digital & Applied Imaging, Entertainment Imaging, Commercial Imaging Group, Global Manufacturing & Logistics, Chief Marketing Office, Research & Development, and worldwide geographic regions. His responsibilities include improving operating performance, while serving as the CEO's strategic partner and driving Kodak's growth effort, with an emphasis on generating the increased printing of pictures as the company moves to claim a larger share of the $385 billion info-imaging market.
Mr. Perez, 57, brings to Kodak more than 25 years of global experience in the information technology, printing and consumer electronics industries, largely with Hewlett-Packard Company. His achievements include the following:
As President of HP's Consumer Business and Digital Media Solutions, Perez led one of HP's major growth areas - digital imaging and e-publishing. The unit reached $16 billion in revenue under his leadership.
Perez managed HP's inkjet imaging business between 1995 and 1999, during which time the installed base of inkjet printers grew to 100 million from 17 million and revenue grew to more than $10 billion through continuous improvement of the business model and the creation of new printing categories.
Under his leadership of the inkjet business, HP applied thermal inkjet technology to large-format printers for the first time. Perez expanded thermal inkjet to printing categories new to HP, such as all-in-one products, fax machines, color copiers and photo printers. He also led HP's entry into the digital camera market.
After his retirement from HP, Perez served as President and CEO of Gemplus International between June 2000 and December 2001. During this period, he took the company public while growing revenues by 70 percent in the first fiscal year.
A native of Spain, Mr. Perez studied electronic engineering, marketing, and business in Spain and France. He has held positions in management, sales, marketing, manufacturing, and research and development during his career.
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