Kodak Emerges from Bankruptcy as a Smaller Company Focused on Commercial Printing
The Eastman Kodak Company, the corporation made famous as a film giant, announced that it has emerged from Chapter 11 and restructured its business model 20 months after filing for bankruptcy protection.
Antonio M. Perez, chairman and CEO of Kodak, explained that the company would move forward with a streamlined operation centered around digital imaging. "We have emerged as a technology company serving imaging for business markets—including packaging, functional printing, graphic communications and professional services," he said. "We have been revitalized by our transformation and restructured to become a formidable competitor—leaner, with a strong capital structure, a healthy balance sheet, and the industry's best technology."
- Companies:
- Eastman Kodak Co.
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.