Catalina Marketing Appoints L. Dick Buell As Chief Executive Officer And Director
March 16 2004 - 5:56PM
PR Newswire (US)
Catalina Marketing Appoints L. Dick Buell As Chief Executive
Officer And Director ST. PETERSBURG, Fla., March 16
/PRNewswire-FirstCall/ -- Catalina Marketing Corporation today
announced the appointment of L. Dick Buell, 53, as chief executive
officer and member of the company's board of directors. (Photo:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20040316/FLTU037 )
Dick Buell has more than 22 years of experience in the consumer
packaged goods industry with a significant focus on executive
management, strategic development and marketing. His background
includes experience as chief operating officer of Foodbrands
America, Inc. and chief executive officer of Griffith Laboratories,
Inc., as well as executive marketing and strategy positionsat Kraft
Inc. Earlier, Mr. Buell gained a strong foundation in strategic
management at McKinsey & Company. During his ten years as chief
executive officer at Griffith Laboratories, Inc., a global food
ingredient company, Mr. Buell demonstrated consistent success in
achieving profitable revenue growth. At Foodbrands America Inc., a
division of Tyson Foods, he served as the president and chief
operating officer of the operating divisions. Additionally, Mr.
Buell led and directed the marketing activities for all of the
grocery product groups as vice president of marketing and vice
president of strategy and development at Kraft Inc. "Catalina
Marketing's board of directors has been searching for a candidate
with significant prior experience as a chief executive officer and
who also has marketing experience in the consumer packaged goods
industry. We are delighted Dick has the business and industry
experience we have been seeking. We are pleased to welcome him now
to lead this company," said Frederick Beinecke, chairman of the
board of Catalina Marketing Corporation. Mr. Buell succeeds Michael
O'Brien, one of the company's founders and a former chairman and
chief executive officer of the company, who has served as interim
chief executive officer since November. Mr. O'Brien will remain
available to the company as a consultant. "I want to thank Mike
O'Brien for filling the position of interim chief executive officer
for the past several months. We greatly appreciate the leadership
and direction he has provided during this difficult time,"
continued Mr. Beinecke. Mr. Buell's appointment as chief executive
officer and director is effective immediately. Mr. Buell said,
"Catalina Marketing was established on entrepreneurial,
forward-thinking principles which it still personifies today as the
leader in behavior-based marketing. I look forward to working with
the senior management team to build on this solid foundation."
Based in St. Petersburg, Fla., Catalina Marketing Corporation
(http://www.catalinamarketing.com/) was founded 20 years ago based
on the premise that targeting communications based on actual
purchase behavior would generate more effective consumer response.
Today, Catalina Marketing combines unparalleled insight into
consumer behavior with dynamic consumer access. This combination of
insight and access provides marketers with the ability to execute
behavior- based marketing programs, ensuring that the right
consumer receives the right message at exactly the right
time.Catalina Marketing offers an array of behavior-based
promotional messaging, loyalty programs and direct to patient
information. Personally identifiable data that may be collected
from the company's targeted marketing programs, as well as its
research programs, are never sold or given to any outside party
without the express permission of the consumer. Certain statements
in the preceding paragraphs are forward looking, and actual results
may differ materially. Statements not based on historic facts
involve risks and uncertainties, including, but not limited to, the
changing market for promotional activities, especially as it
relates to policies and programs of packaged goods and
pharmaceutical manufacturers for the issuance of certain product
coupons and other promotions, the effect of economic and
competitive conditions and seasonal variations, actual promotional
activities and programs with the company's customers, the pace of
installation of the company's store network, the policies and
programs of the company's retail partners, the success of new
services and businesses and the pace of their implementation, and
the company's ability to maintain favorable client relationships.
http://www.newscom.com/cgi-bin/prnh/20040316/FLTU037 DATASOURCE:
Catalina Marketing Corporation CONTACT: Investors, Christopher W.
Wolf, Executive Vice President and Chief Financial Officer,
+1-727-579-5218, or Joanne Freiberger, Vice President, Finance,
+1-727-579-5116, or Media, Susan Gear, Executive Director,
Marketing, +1-727-579-5452 , all of Catalina Marketing Web site:
http://www.catalinamarketing.com/
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