Eastman Kodak (EK) Adds Joel Seligman to Board of Directors

June 29, 2009 8:09 AM EDT

Eastman Kodak (NYSE: EK) announced Joel Seligman, the President of the University of Rochester, was named to the company's board of directors, effective July 1, 2009.

"As an international expert on securities law and corporate finance, Joel brings to Kodak an exceptional understanding of complex financial issues at a time of great change in global markets," said Antonio M. Perez, Kodak's Chairman and Chief Executive Officer. "The election of Joel Seligman also deepens the mutual connection of the University and Kodak to the community of Rochester. I am delighted to welcome Joel to our board."

Mr. Seligman, 59, became the 10th president of the University of Rochester in December 2004, after serving as the Ethan A. H. Shepley University Professor and Dean of the School of Law at Washington University in St. Louis. Mr. Seligman is one of the nation's leading experts on securities law and is the co-author, with the late Louis Loss and with Troy Paredes, of an 11-volume series titled Securities Regulation, the leading treatise in the field. He is also the author of The Transformation of Wall Street: A History of the Securities and Exchange Commission and Modern Corporate Finance.

Eastman Kodak Company (Kodak) provides imaging technology products and services to the photographic and graphic communications markets. [SM]

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