Kodak completed the final steps in its restructuring, and emerged from Chapter 11 as a reorganized company “serving imaging for business markets – including packaging, functional printing, graphic communications and professional services.”
Notice there’s no word there of the products and services we in the photography business think of when we think of “Kodak.” That’s because Kodak spun-off its Personalized Imaging and Document Imaging businesses to the pension plan of Kodak’s U.K. subsidiary. The U.K. Kodak Pension Plan, or KPP, has created a new company, Kodak Alaris. “The new company and its name preserve the heritage and legacy of the Kodak brand,” KPP says, “while embodying greater speed and agility to meet market needs and changes.”
Personalized Imaging encompasses four businesses: Film Capture, RSS (instant photo kiosks, APEX dry labs) Paper and Output Systems, and the EIS photography services for theme parks and resorts.
Dennis Olbrich is the new president of the Personalized Imaging business. Olbrich began his career at Kodak in Film and Paper Process Engineering, and has served as, among other positions, the worldwide director for digital cameras and devices. In this episode of the DIMAcast, he tells us what the imaging industry can expect from the leaner, more nimble new company.
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Senior Analyst, Consumer Imaging
Editor, The 6Sight Future of Imaging Report
Host of the Imaging Executive Podcast - imagingexec.com
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