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Sunday, January 4, 2015

Kodak Reorganizing

After making a profit $19 million in the third quarter of 2014, Kodak (NYSE: KODK) is moving to restructure itself for greater efficiency and agility. There will be 5 divisions, the most important of which for this blog is the Consumer and Film division. Steven Overman, President, Consumer and Film, and Senior Vice President, Kodak, who is also Kodak's Chief Marketing Officer, will lead this division. This restructuring is effective January 1st, 2015.

It looks like Kodak might be serious about keeping film products in its portfolio. With films like Ektar and classics like Tri-X, there may be enough of a market to keep Kodak interested and producing film.