Checkpoint Systems, Inc. Appoints James M. Lucania as Acting Chief Financial Officer
March 23 2015 - 12:23PM
Business Wire
Checkpoint Systems, Inc. (NYSE: CKP) today announced the
appointment of James M. Lucania as Acting Chief Financial Officer
reporting to George Babich, Jr., President and Chief Executive
Officer effective March 23, 2015. Mr. Lucania will replace Jeffrey
O. Richard who is stepping down from his role as Executive Vice
President and Chief Financial Officer.
“Jeff has made a decision to step down to pursue personal
interests. I respect and support Jeff‘s decision,” stated Mr.
Babich. Mr. Babich further commented, “The Board of Directors and I
would like to thank Jeff for his commitment to Checkpoint. He
leaves the finance organization much stronger than when he
arrived.”
Checkpoint will undertake an internal and external search to
find the successor to Mr. Richard. In addition to the appointment
of Mr. Lucania, Joseph G. Driscoll, Vice President and Chief
Accounting Officer, will now report directly to Mr. Babich.
“I am confident that Jim and Joe will provide strong leadership
to the finance organization and will continue building on the
process improvements made under Jeff’s leadership,” concluded Mr.
Babich.
Checkpoint Systems, Inc.
Checkpoint Systems is a global leader in merchandise
availability solutions for the retail industry, encompassing loss
prevention and merchandise visibility. Checkpoint provides
end-to-end solutions enabling retailers to achieve accurate
real-time inventory, accelerate the replenishment cycle, prevent
out-of-stocks and reduce theft, thus improving merchandise
availability and the shopper’s experience. Checkpoint's solutions
are built upon 45 years of radio frequency technology expertise,
innovative high-theft and loss-prevention solutions, market-leading
RFID hardware, software, and comprehensive labeling capabilities,
to brand, secure and track merchandise from source to shelf.
Checkpoint's customers benefit from increased sales and profits by
implementing merchandise availability solutions, to ensure the
right merchandise is available at the right place and time when
consumers are ready to buy.
For more information, visit www.checkpointsystems.com.
Checkpoint Systems, Inc.James Lucania, 856-384-2480
Checkpoint (NYSE:CKP)
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