Business Management - Finance/Financial

EFI has named Grant Fitz as its new CFO, succeeding Marc Olin, who is remaining with EFI as COO. Prior to EFI, Fitz held executive positions with Valassis, a print and digital marketing technology and consumer engagement company, and Xerox.

After nearly 10 years with the company, Greg Jehlik is retiring from the position of CEO of Maxcess. After an extensive search, Berwind, Maxcess's parent company, has named Odd Joergenrud as Jehlik's successor.

To gain a better understanding of the challenges facing package printers and converters throughout the packaging industry, Packaging Impressions conducted a survey of its audience and has released a

With more printing technology at their fingertips than ever before, package printers and converters must travel an evolving path when deciding on printing technology investments.

The sale of the Kodak Flexographic Packaging Division is complete. The division was sold to Montagu Private Equity LLP and will operate as a standalone company called Miraclon.

Taking Heidelberg's collaboration with Masterwork, which dates back to 2014, to the next level is designed to open up further potential in the growing package printing segment, especially in China — the world’s largest individual market.

During its annual Converter Meeting held March 10-13 in Asheville, N.C., TLMI revealed the four winners of this year's Eugene Singer Award for Management Excellence. The award recognizes excellence in business management measured and defined by an established set of growth and profitability ratios through participation in the TLMI Management Ratio Study.

The Independent Carton Group (ICG), a collection of independently-owned folding carton printers and converters, reports that despite continued consolidation in the folding carton industry, business growth among its membership remains strong.

Electronics For Imaging, Inc. has named veteran tech finance executive Grant Fitz as its new chief financial officer. Fitz replaces long-time EFI executive Marc Olin, who will assume the COO role at EFI. Fitz brings nearly 30 years of financial and operational experience overseeing accounting, business support, and financial planning and analysis in the print […]

Masterwork Group Co., Ltd., China’s largest manufacturer of diecutters and hot-foil embossing machines is to obtain around 8.5% of the Heidelberg share capital under a cash capital increase from authorized capital excluding shareholder subscription rights. This will allow Heidelberg to increase its market presence in the expanding package printing segment.