Kodak Names McCorvey as Director, Investor Relations

Business Wire, March 14, 2007

Current Director Donald Flick to Retire July 1

ROCHESTER, N.Y. -- Eastman Kodak Company (NYSE: EK) today announced that Antoinette P. McCorvey has been named Director, Investor Relations.

She succeeds Donald L. Flick, 57, who will retire on July 1, 2007 after 10 years of service in that position. McCorvey's transition into the new role will begin April 16 and will become fully effective on July 1. During that interval, Flick and McCorvey will work together to ensure a smooth transfer of responsibilities.

McCorvey, 49, is currently Vice President and Director, Finance, of Kodak's Consumer Digital Imaging Group. In her new position, she will continue to report directly to Frank S. Sklarsky, Chief Financial Officer and Executive Vice President, Eastman Kodak Company.

In her current role, she leads the global finance organization that supports Kodak's $4 billion consumer digital segment, encompassing digital capture and devices, retail printing, inkjet systems, consumer imaging services, and imaging sensors.

"Ann's knowledge of business management and financial models make her an ideal candidate to represent Kodak to the institutional investor community," Sklarsky said. "She brings to the position direct experience with strategy, management, financial analysis and accounting. She possesses strong communication skills as well as the energy and intelligence necessary to succeed. I am confident that she will serve with distinction in a role that is vital to the communication of Kodak's success."

McCorvey joined Kodak in December 1999 as Director, Finance, Imaging Materials Manufacturing. She has held a series of increasingly responsible positions at Kodak, including Director, Finance, Global Manufacturing & Logistics, and Vice President and Director, Finance, Corporate Financial Planning & Analysis. In that role, she was responsible for the analysis and modeling used by senior management to drive the digital transformation.

Prior to Kodak, McCorvey had a 20-year career with Monsanto Company and Solutia Inc., the former chemical company of Monsanto. Her last position at Solutia was Vice President/General Manager of Nylon, Plastics, Polymers and Industrial Fibers, where she was directly responsible for strategy development, business growth, sales, marketing and manufacturing of the $400 million business.

Before the spin-off of Solutia, McCorvey held numerous financial positions at Monsanto. She has a degree in Finance and Accounting, as well as an MBA, from the University of West Florida in Pensacola, and she is a Certified Management Accountant.

"In her new role, Ann will benefit from the exceptional contributions made by Don Flick," said Antonio M. Perez, Chairman and Chief Executive Officer, Eastman Kodak Company. "Don has provided wise counsel and leadership to Kodak during a time of significant organizational and industry change. On behalf of Kodak, I thank Don for his service and wish him much future success."

A native of Burnsville, MN, he joined Kodak in 1973 as an engineer and in 1981 was named Director, Far East Purchasing, with responsibility for the company's procurement operations in Hong Kong, Taiwan, and the People's Republic of China. He joined Investor Relations in 1992 after receiving an MBA from the William E. Simon School of Business at the University of Rochester, and was named to his current position in 1997.

To obtain electronic images of Ann McCorvey and Donald Flick, send your e-mail request to: jackie.bray@kodak.com