Checkpoint Systems, Inc. Appoints New Chairman of the Board
June 04 2015 - 5:59PM
Business Wire
Checkpoint Systems, Inc. (NYSE: CKP) announced today that the
Board of Directors has elected Stephen N. David, as Chairman of the
Board of Directors, effective June 3, 2015. Mr. David has been a
director of Checkpoint since 2012 and succeeds William S. Antle,
III who had served as Chairman since 2012 and will continue to
serve on Checkpoint’s Board as a non-employee director.
“The entire Board of Directors would like to thank Bill for his
service and we are excited that he is staying on to contribute in a
different capacity,” said George Babich, President and Chief
Executive Officer. “I am excited going forward to work with Steve
where his technology background and strategic focus applied to this
new role will be invaluable as Checkpoint continues building for
growth.”
Mr. David has been a senior adviser with Boston Consulting
Group since 2005, where he provides strategic planning services in
sales, marketing and IT to a variety of clients in the consumer
products, pharmaceutical and financial services industries. Over
the course of Mr. David's career, he has had extensive business
development and strategic planning experience in the consumer
products industry and technology sector. From 2003 to 2008, Mr.
David served as Chairman of the Board and interim Chief Executive
Officer of Iomega®, a worldwide leader in storage solutions for
consumers and small business, where he led a turnaround focused on
reducing costs and expanding revenue. Mr. David served as the
Chief Information Officer and Business-to-Business Officer of
Procter & Gamble from July 1, 2000 to January 2005.
In 2005, Mr. David retired from Procter & Gamble
after 34 years, during which he served in varied roles including
Country Manager P&G Hellas (Greece) and later General Manager
of the company’s Arabian Peninsula operations. Mr. David has
served on a number of corporate boards and industry advisory
committees. Among them are Ahold USA, Cisco Systems, Inc.,
Hewlett-Packard Company, TrueDemand Software, InformationWeek,
Global Commerce Initiative, EPCglobal, the Uniform Code Council and
Institute for the Future. Mr. David has a Bachelor’s degree in
Business Administration from the University of Nebraska.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150604006505/en/
Checkpoint Systems, Inc.James M. Lucania, 856-384-2480
Checkpoint (NYSE:CKP)
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