Digital Kodak Executive Resigns

November 22, 2004 | Mark Goldstein | Global | Comment |

Kodak executive Willy Shih has just announced his resignation. Not that interesting at first, but more so when you learn that Shih was largely responsible for turning around the fortunes of the struggling manufacturer and making Kodak one of the leading digital camera companies today.

“Shih came to Kodak in 1997 at a time when the company was struggling to find its footing in consumer digital photography. Over the course of the next six years, he helped organize and create a business that now does $1 billion in sales of digital cameras, printers, paper and related accessories. The year he arrived, Kodak lost more than $400 million in digital imaging; the consumer digital business is now profitable.”

Website: Democrat and Chronicle - Kodak’s digital pioneer to leave