ROCHESTER, N.Y. (AP) — Eastman Kodak Co.'s chief executive and president, Daniel Carp, assumed the title of chairman Friday from George Fisher, who is retiring Dec. 31 after a turbulent six-year
Friday, December 8th 2000, 12:00 am
By: News On 6
ROCHESTER, N.Y. (AP) — Eastman Kodak Co.'s chief executive and president, Daniel Carp, assumed the title of chairman Friday from George Fisher, who is retiring Dec. 31 after a turbulent six-year reign at the photography company.
Carp, 52, a veteran insider who became president and chief operating officer in 1997, took over the CEO post from Fisher on Jan. 1. Kodak's board appointed him chairman at a meeting late Thursday.
Fisher, 59, hailed as a savior and pro-growth visionary when he took charge of Kodak in 1993, was forced to cut about 20,000 jobs to counter competition from Japanese rival Fuji Photo Film Co. Ltd.
But he also drew praise for championing a new era of digital photography, disposing of Kodak's health care and chemicals businesses and shaking up a stagnant corporate culture that stifled creativity.
In June 1999, when he announced he was stepping down from the top post at the start of this year, Fisher said he would stay on as chairman for an extra year.
Carp joined Kodak as a statistical analyst in 1970 and built his career in Latin America and Europe before coming under Fisher's wing.
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On the Net:
Kodak site: http://www.kodak.com
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