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Lexmark CEO Curlander To Retire

By Scott Campbell
October 26, 2010    9:40 AM ET

Page 2 of 2

"Paul Rooke and I have worked closely together since the formation of Lexmark," said Curlander, in a statement. "He has been involved in all aspects of our operations and in the formulation of our key business strategies. I have great confidence in Paul and his ability to lead Lexmark forward."

In a statement, Rooke said he looks forward to driving differentiate itself in the market.

"I am honored to follow Paul as CEO," said Rooke. "His vision, leadership, and strong focus on building Lexmark's portfolio of technology, products, solutions, services and software have positioned Lexmark as a much stronger company with a broad set of capabilities."

"I am committed to creating value for our customers and our investors," he said in the statement. "I am excited about leading Lexmark forward at a time when the industry and our customers are moving even faster to products, software and services that provide solutions to key business problems and processes."

Meanwhile, Lexmark reported third-quarter earnings of $72 million (90 cents per diluted share) on sales of $1.02 billion, compared to earnings of $10 million (13 cents per share) on sales of $958 million for the same period last year.

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