Eastman Kodak (EK) named a new finance chief and postponed its annual investor strategy review meeting for the second time this year.
The Rochester, N.Y., imaging company said Frank Sklarsky, executive vice president and CFO of
, will join Kodak on Oct. 30 as executive vice president and will become the company's CFO effective Nov. 13. He'll replace Robert Brust, who said earlier he would retire.
The company also moved its annual investor strategy meeting to Feb. 8 from Nov. 15. The meeting usually is held in September but Kodak said on its second-quarter earnings call Aug. 1 that it would move that date back to November to coincide with a board meeting. Rescheduling the investor strategy review meeting will give Sklarsky time to have a meaningful input on the company's strategic outlook, Kodak said.
The February session will also replace the company's annual business outlook meeting, normally held in late January.Kodak said "a number of important initiatives are expected to reach a conclusion in the interim, which will enable a more relevant discussion about the company's future plans and outlook."
"Given our desire to have a meaningful discussion of our long-term strategy, we simply must have a number of these initiatives in the public domain before we ask the investment community to invest their time," said CEO Antonio M. Perez. "Equally important is to permit sufficient time for our newly announced chief financial officer, Frank Sklarsky, to come up to speed and take an ownership position for the plans and objectives we will be discussing."