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

• Laura G. Quatela, Kodak President, will assume the additional role of President, Personalized Imaging, and lead that business through its sale process.

• Dolores Kruchten will become President, Document Imaging, to lead that business through its sale process.

• Quatela and Dolores Kruchten are expected to remain with Kodak until the sales of their respective businesses are completed in the first half of 2013.