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

• CFO Antoinette P. McCorvey has decided to leave the company. Rebecca A. Roof, a managing director of AlixPartners, the company’s restructuring advisory firm, will become CFO on an interim basis, reporting to Perez. Roof has served in similar capacities for other companies that have successfully emerged from Chapter 11 restructurings, and she has deep experience in scaling overhead costs, implementing cost reduction programs, managing liquidity and raising capital, and executing asset sales—all critical areas of focus for Kodak as the company concludes its restructuring.