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KODAK'S ED GRECO ANNOUNCES RETIREMENT; OFFICE IMAGING REORGANIZED INTO TWO BUSINESSES

 ROCHESTER, N.Y., July 22 /PRNewswire/ -- Eastman Kodak Company (NYSE: EK) announced today that Edgar J. Greco, vice president and general manager of Office Imaging, has announced plans to retire, effective Sept. 1.
 Effective Sept. 1, Office Imaging will be reorganized into two separate businesses, Copy Products and Business Imaging Systems, and will continue to principally report to Richard T. Bourns, senior vice president and executive vice president of the company's Imaging group.
 Kenneth O. Hoffman, currently vice president and a general manager of Kodak Park, has been named general manager of Copy Products. A successor to Hoffman as a general manager of Kodak Park will be named shortly.
 Candy M. Obourn will continue as vice president and general manager of Business Imaging Systems.
 "Copy Products, Business Imaging Systems and our new Digital & Applied Imaging business are three key elements in our strategy to expand and grow the equipment business," Bourns said in announcing the reorganization. "Our Copy Products and Business Imaging Systems units provide years of experience in equipment manufacturing, software development and integration, product and systems design, and customer service -- assets that will enable us to drive profitable growth.
 "Splitting copier and BIS into separate units will make it easier for management in each to focus on the business opportunities unique to each and reaffirms our commitment to both businesses," Bourns added. "In addition, we believe BIS will be in a much better position on its own to align with future products and systems coming out of the digital arena.
 "Ken Hoffman brings with him a strong business and financial background and a broad range of experience in manufacturing. He has championed business practices that have helped make Kodak Park one of the world's premier, low cost, high quality manufacturing centers."
 Greco joined Kodak in 1965 as a development engineer at Kodak Apparatus Division (KAD). Following a number of manufacturing assignments at KAD, he was appointed general manager of Business Imaging Systems and elected a vice president in 1984. He was named general manager of Office Imaging in 1991.
 Greco is a native of Hillsdale, N.J., and holds a BS in physics from Fairleigh Dickinson University. He also performed graduate work in the executive management program at Pennsylvania State University and in the advanced management program at Harvard University.
 Hoffman began his Kodak career in 1967 as an industrial engineer and held a number of finance, analytical and manufacturing positions at KAD before being named superintendent of Optics manufacturing in 1985. In 1988, he was named general manager and vice president of Manufacturing Resources Division, the organization responsible for the facilities, raw materials and support functions in film manufacturing at Kodak Park. He was elected a vice president in 1990.
 A native of Cleveland, Ohio, Hoffman received a BS degree in materials engineering and an MS degree in management science from Rensselaer Polytechnic Institute. He also participated in the executive management program at Columbia University and the Massachusetts Institute of Technology senior executive program. He is past chairman and a member of the board of directors of the New York State Chemical Alliance, chairman of the board of the Rensselaer Center for Industrial Innovation at RPI, and serves on several advisory committees for New York State Regulation and Environmental Management.
 Obourn joined Kodak as a systems analyst in 1974. She later held management positions in Management Information Systems, Corporate Planning and Business Imaging Systems, before serving as assistant to the chairman and chief executive officer of Kodak in 1991. She was elected a vice president in 1991, named director, Information Systems and Business Processes, and elected Chief Information Officer. She was appointed to her current position in 1993.
 Obourn received her BA in mathematics from Boston University, where she graduated with honors, and is a member of the Eastman Savings and Loan Association board of directors.
 -0- 7/22/94
 /CONTACT: Paul C. Allen, Corporate Media Relations, of Eastman Kodak Company, 716-724-5802, or fax, 716-724-0964/
 (EK)


CO: Eastman Kodak Company ST: New York IN: CPR SU: PER

KL -- CL005 -- 8481 07/22/94 09:06 EDT
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Date:Jul 22, 1994
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