Tuesday, 03 May 2016 00:00

Change at the Top for Kodak Alaris

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A week after announcing a restructuring of the sales management team at Kodak Alaris Information Management (IM), Kodak Alaris announced it is looking for a new CEO. In an announcement we received today, Kodak Alaris states, "To better position ourselves to achieve our long term growth plans, the Kodak Alaris Holdings Ltd. Board of Directors decided the time is right to initiate a search for a new CEO." Effective May 1, Ralf Gerbershagen, who was named CEO of Kodak Alaris in 2014, has stepped down. According to statement DIR received from Kodak Alaris: "Today’s announcement is about looking forward. This was not a performance based decision but more an assessment of the future leadership needs of Kodak Alaris. The Board felt this represented the ideal time to begin the new search for a CEO. [Gerbershagen] leaves the company better positioned than when he arrived and with our best wishes for…
For those of you that haven't done the math for yourselves, Lexmark Enterprise Software (ES) saw about a 15% decline in revenue for Q1, YOY. Yes, we realize Lexmark reported 60% growth for ES on revenue of $143 million, but last year's Q1 didn't include Kofax's numbers. In calendar Q1 last year (Kofax's fiscal Q3), the ISV did $75 million in revenue, and it also acquired a $9 million a year business in Aia Software towards the end of the quarter. So, we'll put Kofax's Q1 2015 revenue at around $77 million. In the meantime, Perceptive Software, operating as a division of Lexmark, reported $90 million for the first quarter of 2015. If you put those two figures together, it gives you a Q1 2015 revenue number of $167 million, $24 million more than the two combined businesses reported this year for Q1 as parts of Lexmark ES. We don't…
Thursday, 14 April 2016 00:00

Management Changes at Kodak Alaris IM

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Word came out yesterday that Kodak Alaris Information Management has changed its management structure. Cássio Vaquero, who had been serving as regional director of emerging markets (Asia-Pacific and Latin America) has apparently been appointed to a new head of global sales position. In conjunction with that, Martin Birch, Kodak Alaris' IM's regional manager for the US&C, and Erwin Schwarzl, regional manager for EAMER, have been let go. Here's a quote from Kodak Alaris on the shake up: "With the global integration of key business functions, including sales, within IM, we are transitioning to a new worldwide operational model. We thank Martin and Erwin for their contributions and wish them well in the future as we continue to help our customers grow their business using Kodak Alaris scanners, software and services." The move is a bit surprising as Birch and Schwarzl have only been in their current positions for about a…
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