Retiring Directors Edward Kaplan, Christopher Knowles recognized at Zebra's Annual Meeting
VERNON HILLS, Ill., June 16 /PRNewswire-FirstCall/ -- Zebra Technologies Corporation (NASDAQ:ZBRA) today announced that Andrew K. Ludwick was elected to its board of directors at the company's annual meeting. In addition, Zebra co-founder Edward L. Kaplan and long-time director Christopher G. Knowles retired from the board.
Mr. Ludwick, 62, now a private investor, was chief executive officer of Bay Networks, Inc., a communications networking company formed in a merger that included SynOptics Communications, a company that Mr. Ludwick led as chief executive officer and co-founder. Mr. Ludwick has served on several private and public technology company boards, currently including the board of Macrovision Corp. He received his bachelor's degree from Harvard College in 1967 and his MBA from Harvard Business School in 1969. In 1996, Mr. Ludwick was awarded Harvard Business School's prestigious Alumni Achievement Award for his entrepreneurial success.
"Andy Ludwick's wide-ranging experience with fast-growing technology companies, mergers and acquisitions will be extremely valuable to our board," said Anders Gustafsson, chief executive officer. "We look forward to benefiting from his strategic and operational expertise." Mr. Gustafsson continued, "There would be no Zebra Technologies without Ed Kaplan, who co-founded this company in 1969 and led its growth and diversification into new technologies, industries and geographies. Chris Knowles was also an important part of Zebra's legacy as a member of our board since 1991. We thank them for their long years of service and dedication to Zebra's success." In other action, stockholders ratified the appointment of Ernst & Young LLP as the independent auditors of the company's financial statements for 2008.
Zebra Technologies Corporation helps companies identify, locate and track assets, transactions and people with on-demand specialty digital printing and automatic identification solutions. In more than 100 countries around the world, more than 90 percent of Fortune 500 companies use innovative and reliable Zebra printers, supplies, RFID products and software to increase productivity, improve quality, lower costs, and deliver better customer service. Information about Zebra and Zebra-brand products can be found at http://www.zebra.com/.
CONTACT:
Investors: Financial Media:
Douglas A. Fox, CFA Tim Dreyer
VP, Investor Relations Zebra Technologies
+1 847 793 6735 +1 847 793 5677
DATASOURCE: Zebra Technologies Corporation CONTACT: Investors, Douglas A. Fox, CFA , VP, Investor Relations, +1-847-793-6735, , or Financial Media, Tim Dreyer, +1-847-793-5677, , both of Zebra Technologies Corporation Web site: http://www.zebra.com/
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