Kodak loses third director in a week
Fri,30 Dec 2011 02:58 PM PST
Reuters - (Reuters) - The third director in a week has resigned from Eastman Kodak Co as the former film giant struggles to survive the dominance of digital photography. Laura Tyson, a professor and White House advisor, told Kodak on Thursday she was resigning from its board, the company said on Friday in a Securities and Exchange filing. Kodak, which was once synonymous with photography, is looking to sell patents to shore up its shrinking cash position and stay in business after failing to turn an annual profit since 1997. ... Full Story
Fri,30 Dec 2011 02:58 PM PST
Reuters - (Reuters) - The third director in a week has resigned from Eastman Kodak Co as the former film giant struggles to survive the dominance of digital photography. Laura Tyson, a professor and White House advisor, told Kodak on Thursday she was resigning from its board, the company said on Friday in a Securities and Exchange filing. Kodak, which was once synonymous with photography, is looking to sell patents to shore up its shrinking cash position and stay in business after failing to turn an annual profit since 1997. ... Full Story
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