Danka Appoints Key Executives10 Aug, 2001
Danka Appoints Key Executives
DANKA BUSINESS SYSTEMS PLC ANNOUNCES APPOINTMENT OF KEY EXECUTIVES, FIRST QUARTER EARNINGS RELEASE ON WEDNESDAY, AUGUST 8 ST. PETERSBURG, FL (August 7, 2001) — Danka Business Systems, PLC (NASDAQ: DANKY) announced the appointment of three new key executives. Todd Mavis has been appointed President, Chief Operating Officer of the U.S. Office Imaging Business Unit, David Berg has been appointed President, Chief Operating Officer of the Company's Canada, Latin America and Asia Pacific Regions and Dr. Peter Williams has been assigned to lead the Company's European organization as Chief Operating Officer, International. Mr. Mavis was most recently the Executive Vice President of Mitchell International, a leading information provider and software developer for insurance and related industries. For the last 16 years Mavis has been involved in the information technology industry and has been heavily involved in the re-engineering of several companies, including Attachmate and Memorex Telex. Mr. Berg served as Danka's Executive Vice President, General Counsel from June 1997 to June 2000 and most recently was Senior Vice President with Comdial, Inc. of Sarasota, Florida after becoming President, Chief Operating Officer of a privately held e-commerce company in Minneapolis, Minnesota. Mr. Williams was most recently Executive Vice President of Anacomp, Inc., in charge of the Company's European operations. Anacomp is a document management and technical service provider for a variety of storage, printing and network applications. In addition, the Company announced the promotion of Mike Hawkins, formerly Senior Vice President, U.S. Service, to President, U.S. Technical Services, and Rick Davis, formerly Senior Vice President, Human Resources, to Chief Administrative Officer. All of these executives will report to Danka's Chief Executive Officer, Lang Lowrey, who commented: "The appointment of these seasoned Executives will considerably strengthen the organization. We have selected individuals who are committed to the Company's focus on its core, strategic businesses, are technologically oriented to take advantage of the rapid shift to digital technology and will also focus on the Company's mission to continue improving its capital structure and reducing its debt. They will undertake to get closer to our customer by eliminating any organizational issues which impede the Company's time to market strategy in their areas." The Company also announced that it will release earnings for the first quarter of Fiscal Year 2002 prior to opening of the NASDAQ market on Wednesday, August 8, 2001.