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New Leadership at Xeikon North America as Ring Exits

Tuesday, August 05, 2014

Press release from the issuing company

Michael V. Ring resigns from his position as president of Xeikon North America

Itasca, IL - Xeikon NV, an innovator in digital color printing technology, has announced the appointment of Patrick McCarthy and Todd Blumsack to lead its North American business operations effective immediately.

According to Wim Maes, CEO of Xeikon, "Both Patrick and Todd are long-time industry veterans and have been with our company for the last several years. We are confident they will bolster Xeikon's market position in North America and strengthen the group with their able leadership. We wish Patrick and Todd the very best for their new challenge."

In his role as Vice President of Operations, Patrick McCarthy will lead the service and operations group in North America. In addition, he will also oversee accounting/finance, HR, IT and shipping/logistics functions of the business. Mr. McCarthy has been with Xeikon since the early 2000's and has handled a broad array of executive roles and responsibilities during this time.

Todd Blumsack will now be the Vice President of Sales and Marketing for Xeikon North America. In this role, Mr. Blumsack has been assigned the responsibility to further expand Xeikon's brand awareness and market share of high-end digital color presses in the label & packaging segment as well as the document & commercial printing segment. A 25-year veteran of the printing industry, Mr. Blumsack has been with Xeikon since 2008. Previously, he spearheaded the marketing efforts for the retail and bulk business units as Director of Marketing for Weyerhaeuser Company and built sales and marketing programs as Director of Marketing-Commercial Printing for Eastman Kodak Company. He has extensive experience in sales management processes, marketing, lead generation campaigns, hiring/training sales organizations and building sales promotions.

Michael V. Ring, the current president of Xeikon's North American operations, joined the company in 2007 and was instrumental in realigning and growing the operations. Mr. Ring's next logical step was a leadership position at the company headquarters in Europe. However, after much consideration, he decided not to accept this position due to the obvious impact it will have on his personal life.

"We would like to thank Michael for his significant contributions to Xeikon and wish him the very best in his future endeavors," Mr. Maes added.

While Mr. Ring will no longer be involved in the day-to-day operations of the company, he will continue to support Xeikon for the remainder of 2014 regarding some of his industry association responsibilities.


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