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Kinko's Appoints Steve Grupe as Vice President of Global Sourcing

Wednesday, March 20, 2002

Press release from the issuing company

DALLAS, March 19 - Kinko's, Inc., a leading provider of document solutions and business services, has announced the appointment of Steve Grupe as vice president of global sourcing. In this role, Mr. Grupe oversees the strategy and execution of Kinko's goods and services purchases as well as all of the company's supplier contract negotiations. "Kinko's welcomes Steve to our executive team. He brings a thorough background in procurement and supply chain management,'' said Gary Kusin, Kinko's president and CEO. "Steve's impressive experience in business negotiations and developing procurement organizations throughout the paper, packaging and printing industries makes him an invaluable addition to the Kinko's team.'' With more than 20 years of experience in purchasing and supply chain management, Mr. Grupe was most recently the senior vice president of business development for Prime Advantage Corporation, a leading supplier of supply chain solutions for mid-sized manufactures. Prior to working with Prime Advantage, he was the senior vice president of worldwide procurement for R.R. Donnelley & Sons, a major provider of printing and related services to the merchandising, publishing and financial markets. In these roles, Mr. Grupe successfully negotiated cost savings through strategic sourcing, redesigned corporate and domestic procurement, and developed a rigorous annual strategic planning process for procurement. Mr. Grupe also held purchasing positions of increasing responsibility at Riverwood International Corporation, Stone Container Corporation and Continental Forest Industries. Mr. Grupe holds a master's degree in business administration from Northern Illinois University. He received his bachelor's of science degree in comprehensive public accounting from the University of Wisconsin - Eau Claire.




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