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Kodak Board of Directors Elects New Director and Two Vice Presidents

Friday, July 27, 2001

Press release from the issuing company

ROCHESTER, N.Y. July 26, 2001--Eastman Kodak Company's board of directors elected Patricia F. Russo, President and Chief Operating Officer, to the board of directors and also elected two corporate vice presidents at its board meeting late yesterday. Russo, 49, joined Kodak in April as President and Chief Operating Officer. Prior to joining Kodak, she was Chairman of Avaya Inc., which was formerly the Business Communications Systems unit of Lucent Technologies Inc. Prior to joining Lucent in 1992, she held key management and executive positions throughout AT&T Corp. in strategic planning, marketing, human resources and operations. Before joining AT&T in 1981, she spent eight years in sales and marketing at International Business Machines Corp. Russo is a member of the board of Schering Plough Corporation and Georgetown University. She received her undergraduate degree from Georgetown University and completed the Advanced Management Program at Harvard Business School in 1989. She also received an Honorary Doctorate in Entrepreneurial Studies from Columbia College in South Carolina. In both 1998 and 1999, Russo was named to Fortune magazine's list of the Fifty Most Powerful Women in American Business. Elected a senior vice president was Eric G. Rodli, who was recently named President of the company's Entertainment Imaging division, effective September 1. He replaces Joerg D. Agin, who recently announced his intention to retire, effective the same date. Rodli was Chief Operating Officer and vice president of Entertainment Imaging. Rodli, 45, joined Kodak in January 2000, after having served as president of Bexel, the largest broadcast video and audio equipment rental and services company in the U.S. and a part of the Vitec Group. In his twenty-year career, Rodli has had a broad range of senior management positions in the Boston Consulting Group, Iwerks Entertainment, and the Price Waterhouse Coopers Management Consulting Group. He has extensive management experience in film, digital, and other media important to the future of entertainment. Rodli is a graduate of the University of California, San Diego, with a BA degree summa cum laude in Economics. He holds an MBA from the Graduate School of Business, University of Chicago, and resides with his family in La Canada, California. He is based at Kodak's Entertainment Imaging headquarters in Hollywood. Elected vice president was David G. Monderer, Managing Director of Corporate Business Development in the company's Finance and Administration organization. His election is effective immediately. Monderer, 48, began his Kodak career in 1973 as a cost engineer in the Kodak Colorado Division. He moved to Rochester after graduating from college and joined Finance and Administration in 1980. He serviced as director of Finance in London from 1988 to 1991, returned to the U.S. as Business and Alliance Manager for Professional Imaging, and was appointed director of Finance for Corporate Accounts in 1986. He joined Corporate Business Development in 1995 as director, Strategic Business Investments. He holds a BS degree in engineering from the University of Colorado at Boulder and an MBA in Finance from Rochester Institute of Technology.

 

 

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