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NEW PROFIT CENTRE

NEW PROFIT CENTRE

JOHN BRUNO XEROX PRESIDENT AND CHIEF OPERATING OFFICER

FEDRIGONI GROUP INTENTION TO ACQUIRE PAPETERIE ZUBER

Bruno joins the team following Steven Bandrowczak’s promotion to Chief Executive Officer earlier this year. In this role, John will partner closely with the CEO and leadership team to shape the company’s global strategy and will be accountable for operating model advancements to improve company performance. He will also oversee global offerings, service delivery, marketing, manufacturing, supply chain, procurement, information technology, and Xerox’s IT services business unit.

“John brings decades of business, technology and operations leadership experience at Fortune 500 companies across a wide range of industries that are applicable to the direction we’re taking Xerox,” said Steven Bandrowczak, chief executive officer at Xerox. “John’s expertise will help advance our client centric operating model and enable us to create an even better overall customer experience.”

Bruno comes to Xerox after seven years with Aon, where he most recently served as Chief Operating Officer and Chief Executive Officer of Data & Analytic Services. Throughout his 30-year career, John has held senior leadership positions with NCR Corporation, United Parcel Service, Cisco Systems, Merrill Lynch, and Goldman Sachs, among others.

“I’m honoured to take on this role and partner with Steve and this talented leadership team as Xerox’s President & Chief Operating Officer,” said Bruno. “I look forward to working with all of my new Xerox colleagues worldwide to ensure we are innovating operationally to delight our customers and deliver the current and future essential workplace technologies they expect from Xerox.” www.xerox.com

STEVE BILLOW NEW FUJIFILM DIMATIX PRESIDENT

FUJIFILM Dimatix, a global manufacturer and supplier of piezoelectric, drop-on-demand industrial inkjet printheads, has announced the appointment of Steve Billow as President. With deep expertise in inkjet technology, Billow will target new growth opportunities, and lead the development of new environmentally sustainable products and innovations from concept through commercialisation.

“We are delighted to welcome Steve to the FUJIFILM Dimatix family in this very important executive leadership position,” said Martin Schoeppler, chief executive officer, FUJIFILM Dimatix, Inc. “Steve’s breadth of knowledge and extensive experience with inkjet technology coupled with his team building strengths will help our organisation pursue new avenues while driving growth and continued success in this market.”

Prior to joining FUJIFILM Dimatix, Billow most recently served as president at Desktop Metal where he led through innovation—reinventing the way engineering and manufacturing teams produce metal parts, from prototyping through mass production. Previously, he was Vice President and Chief Technology Officer (CTO) at EFI Inkjet Solutions for eight years and was also the CTO at Jetrion where he set technical strategy and direction and developed packaging and label printers. As Inkjet CTO at EFI Manchester, Billow led the successful development and launch of the company’s breakthrough inkjet printers for a broad range of diverse markets. Prior, Mr. Billow was employed at Eastman Kodak for over 20 years in numerous R&D roles at various facilities in several countries where he guided the development of printheads, print engines and Inkjet systems.

“I am thrilled to join the FUJIFILM Dimatix team as the company continues to expand its products and partnerships into new markets” said Billow. “I look forward to collaborating with our teams to provide new innovative and environmentally sustainable solutions that will enhance the printing systems worldwide.”

Billow holds a Master of Science in Chemical Engineering from University of Rochester, NY and a Master of Science in Engineering Management, System Design and Management from Massachusetts Institute of Technology. www.dimatix.com

The Fedrigoni Group has signed an agreement with Papeterie Zuber Rieder, aimed at joining forces and creating the first global player in premium papers for wine and spirits. The execution of binding documentation, and the completion of the acquisition of 100% of the shares of Papeterie Zuber Rieder, remain subject to the consultation of the works council of Papeterie Zuber Rieder. This partnership would represent another important step for Fedrigoni Group on its consolidation path as an undisputed global manufacturer of premium wine and spirits papers, as Zuber Rieder would benefit from Fedrigoni’s production capabilities and international network to continue its growth.

Papeterie Zuber Rieder’s shareholders, Alain Martz and Luc Gaillet, would both maintain a strategic role in order to support the integration into the Fedrigoni Group and the future development of the company by leveraging their experience. Alain Martz would retain an executive role as General Manager of Zuber Rieder, while Luc Gaillet would keep a non-executive role as a member of the board.

“We are very pleased to announce our intention to acquire Papeterie Zuber Rieder - comments Marco Nespolo, CEO of the Fedrigoni Group - Their marked specialist skills and proprietary technologies will allow us to supplement our already rich product portfolio both for papers for luxury packaging and those for high end wine and spirits labels, where we want to consolidate our position as the leading global player. This future transaction once again shows that we are determined to pursue a constant global strategy of growth, both in specialty papers for all creative applications and in premium self-adhesive materials, in order to better serve our customers worldwide”.

Great satisfaction has been also expressed by Luc Gaillet and Alain Martz, respectively Chairman and Chief Executive Officer of Papeterie Zuber Rieder – “Zuber Rieder and its people could not find a better ‘home’ to grow, consolidate and face new challenges. The Fedrigoni Group is a century old industrial company like Zuber Rieder, with ambitious international development goals, to which we will be pleased to give our contribution”. www.fedrigoni.com

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