Kodak Launches New Cost Reduction Program, Philip J. Faraci Leaving the Company

ROCHESTER, NY—Sept. 10, 2012—Antonio M. Perez, chairman and CEO of Eastman Kodak announced organizational changes and expanded cost structure reductions to reflect Kodak’s strategic focus on the Commercial, Packaging & Functional Printing Solutions and Enterprise Services business, and the sales processes of its Personalized Imaging and Document Imaging businesses.