HP Exec Named Kodak CFO

John McMullen has been named executive vice president and CFO of Kodak, effective June 15, 2014. The Board of Directors has elected McMullen a corporate officer of Kodak, and he will become a member of the company’s Executive Council. McMullen will report to Kodak CEO Jeff Clarke.

McMullen, 55, will be responsible for Kodak’s financial strategy and all functions within Kodak’s Finance organization.

“John is an accomplished executive, recognized for his substantial financial and strategic expertise and deep knowledge of the commercial imaging and printing industries,” remarked Clarke. “He joins Kodak at an exciting time when we are cultivating many growth opportunities from across our worldwide product portfolio, while leveraging our strengths, such as our balance sheet, technology and brand. Having worked for many years with John in dynamic and complex situations, I know how effective he is at cutting through challenges and achieving excellent outcomes—and doing so at high speed.”

McMullen held a series of senior financial roles during a 32-year career with HP and predecessor companies, Compaq Computer and Digital Equipment. His positions included senior vice president of finance and corporate treasurer of HP, CFO of HP’s Imaging and Printing Group, vice president of finance and strategy for Compaq’s Worldwide Sales and Services Group, Compaq’s director of investor relations and controller of DEC’s Worldwide Products Division.

Since 2011, McMullen also has been a member of the Board of Directors and Audit Committee chair of Vocera Communications, where he has played an active role in helping the company to transition and scale its finance team and control environment, especially from the time Vocera went public in March of 2012.

McMullen earned a B.A. in Finance with a concentration in Accounting from the University of Massachusetts in 1981.

He succeeds Rebecca A. Roof who has, since September 2012, served as Kodak’s interim CFO while remaining a managing director of AlixPartners LLP, which advised the company during its complex and successful Chapter 11 reorganization.

About Kodak
Kodak is a technology company focused on imaging for business. It provides innovative hardware, software, consumables and services to customers in graphic communications, packaging and functional printing. It also serves entertainment and commercial films markets. With a world-class R&D organization and extensive product portfolio, Kodak is helping customers around the globe to grow their own businesses in a sustainable way.

Source: Kodak.