The Office Times

Lexmark CEO resigns

Lexmark has announced that David Reeder, Lexmark president and chief executive officer, has resigned for personal reasons, effective immediately.

A search for a successor is underway. In the interim, Lexmark will be led by a management team consisting of Brock Saladin, senior vice president and chief revenue officer, and Allen Waugerman, senior vice president and chief technology officer.

"All of the Lexmark family want to thank David Reeder for his impressive efforts as CEO of the company, and as CFO as well," said Mickey Kantor, chairman of the Lexmark Board of Directors. "We wish him and his family the best in the future.

"The Board of Directors, investors and all Lexmark executives are deeply committed to the success of our company and our priorities for the future. The changes we are experiencing will only make us stronger," said Kantor.


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