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EFI appoints new chief financial officer

Press release from the issuing company

Foster City, Calif. - Electronics For Imaging, Inc., a world leader in customer-focused digital printing innovation, today announced that it has appointed Vincent Pilette as its chief financial officer, effective January 1, 2011. Pilette joins EFI from Hewlett-Packard Company, where he most recently held the title of vice president of Finance for the Enterprise Server, Storage and Networking business. Pilette will be reporting directly to EFI's chief executive officer, Guy Gecht.

"After a long and comprehensive CFO search, I am delighted to welcome Vincent to EFI's executive team," said Gecht. "His senior financial roles at HP in both the Enterprise Hardware and Software businesses are a terrific fit with EFI's diverse business, and his vast experience in worldwide operations and acquisitions will make him a key contributor as we continue to execute on our growth strategy."

Prior to joining EFI, Pilette spent fourteen years at HP, holding a variety of finance positions in the U.S. and EMEA. Most recently, Pilette held the position of VP of Finance for the $20 billion Enterprise Server, Storage and Networking business. In this capacity, he was responsible for all aspects of finance for HP's fastest growing segment in 2010. Prior to this role, Pilette served, for three years, as VP of Finance for HP Software, during which HP Software revenue tripled and operating margin expanded. Over the last five years, Pilette participated in the acquisition and integration of more than ten companies, including 3Par, 3Com, Mercury Interactive, Opsware and Peregrine.

Pilette holds a B.S. in Engineering and M.S. in Business from Louvain University in Belgium where he graduated magna cum laude. He also holds a Master's degree in Business Administration from Kellogg School of Management at Northwestern University.

"EFI has worked very hard over the years to successfully transform the company from a pure OEM business to an innovative company focused on digital printing solutions, with solid R&D capabilities and expanded distribution channels," said Pilette. "I'm excited to join the company and play an active role in achieving the full potential of its strategy."

Pilette succeeds Gordon Heneweer, who served as the Company's interim chief financial officer since May 10, 2010. "I'd like to thank Gordon for his great performance as an interim CFO for the past seven months," added Gecht. "We are looking forward to have Gordon resume his VP of Finance responsibilities and continue his significant contribution as a senior member of EFI team."


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