Catalina Marketing names chief financial officer.ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Sept. 18, 1995--Catalina Marketing Corp. (NYSE NYSE See: New York Stock Exchange :POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) Monday announced that Philip B. Livingston, 38, will join the company Oct. 2 as senior vice president and chief financial officer. He will be responsible for all financial, accounting, information technology, procurement, investor relations Investor relations The process by which the corporation communicates with its investors. and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. activities for the company. The position had been vacant since May of this year. "We are very pleased to welcome Phil to Catalina Marketing," said George Off, president and chief executive officer. "In addition to his extensive background in finance, he brings with him the perspective of having worked with both packaged goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one and technical companies. He will serve as a vital team member as we continue to grow and expand." Livingston joins the company from Celestial Seasonings Inc., the largest manufacturer of specialty tea products in the United States. As chief financial officer, he successfully completed the company's initial public offering in 1993. From 1989 to 1993, he was vice president and chief financial officer of Kenetech Corp., an independent power producer. Prior to that, he held middle-management financial positions at Genentech Inc., a leading biotechnology company. Livingston, a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , is a member of the Financial Executives Institute and its national Committee on Corporate Finance. He holds a master's degree in business administration from the Haas School of Business at the University of California, Berkeley The University of California, Berkeley is a public research university located in Berkeley, California, United States. Commonly referred to as UC Berkeley, Berkeley and Cal . Catalina Marketing, based in St. Petersburg, provides in-store electronic marketing programs for more than 130 consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and companies, including Campbells, Kraft General Foods, Nestle Food Corp., RJR Nabisco and Pillsbury. The Catalina Marketing Network reaches more than 120 million shoppers each week in more than 9,000 supermarkets across the United States, including American Stores, Dominick's, Giant Food, Pathmark, Ralphs, Kroger, Safeway and Winn-Dixie. Internationally, the network reaches more than 10 million shoppers each week in Europe and Mexico. Catalina Marketing has more than 450 employees throughout the United States and is composed of four independent business units: Catalina Marketing Services, which markets the company's core electronic marketing programs in supermarkets, mass merchandisers and drugstores; Catalina Electronic Clearing Services, the industry's first electronic coupon clearing service; Health Resource Publishing Co., which delivers customized newsletters to pharmacy customers based on prescription purchases; and Catalina Marketing International. CONTACT: Catalina Marketing Corp., St. Petersburg Tommy D. Greer or George W. Off, 813/579-5000 |
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