Kodak Board Elects Two Senior Vice Presidents.

Business & Technology Editors

ROCHESTER, N.Y.--(BUSINESS WIRE)--May 10, 2000

Eastman Kodak Company's board of directors today elected two members of management to the position of senior vice president. Elected were James C. Stoffel, currently Director, Research and Development, Chief Technical Officer and vice president, and David L. Swift, currently Chairman and President, Greater Asia Region and vice president.

Stoffel, 54, joined Kodak in 1997 in the newly created position of vice president and director, Electronic Imaging Products Research & Development, and was named director of R&D in 1998. He was also elected a vice president of the company in 1998.

Stoffel came to Kodak from Xerox, where he began his career in 1972. At Xerox, he held various positions of increasing responsibility in research, advanced development, engineering and manufacturing, product development, and marketing and sales. In 1989, he was named Vice President & Chief Engineer; later became Vice President, Imaging Systems Development; and later Vice President and General Manager of the Advance Imaging business unit for Xerox.

He received a BSEE Magna Cum Laude degree from the University of Notre Dame. As a NDEA Fellow at Syracuse University, he received his MSEE degree in 1970 and his Ph.D. in 1972. He is the author/editor of "Binary and Graphical Image Processing", a reference book for graduate students in science and engineering and holds over 25 U.S. patents and numerous international patents. He is on the Board of Directors of Kodak Polychrome Graphics, Ltd., the Advisory Board of Stanford University's EE Department, the Graduate Research Council at Notre Dame University, and the Executive Council of the Information Technology Industry Board, headquartered in Washington, D.C.

Swift, 41, began his Kodak career in 1981 as a manufacturing engineer in the Optics Division. In 1987, he was sponsored by Kodak to obtain an MBA from Harvard Business School and graduated in 1989, with honors. Returning to Rochester, he held general management positions in product development, strategic planning, product management, operations, and business management. In 1993, he was appointed assistant to the Chairman, President, and CEO. In 1995, he was named General Manager and vice president, Operations for the Digital and Applied Imaging Division. The following year, he was elected a vice president and named Chief Operating Officer of Kodak's digital businesses.

In 1997, Swift was appointed Vice Chairman, Greater China Region and he and his family relocated to Shanghai. Later that year, he was appointed Chairman and President, Greater China Region. In 1999, he was appointed to his current position when Kodak announced the formation of the Greater Asia Region. He continues to hold the titles associated with his previous position for the Greater China Region.

A native of Wilbraham, Massachusetts, Swift received a BA degree, with honors, in physics and mathematics from Amherst College, and a master of engineering degree in electronics and software from Dartmouth College, along with his MBA from Harvard.

Editor's Note: For additional information about Kodak, visit our web site on the Internet at: www.kodak.com/