From: Docusultant (Original Message) Sent: 9/11/2002 2:04 PM
All you guys who are Gestetner, Savin dealers, God Bless, this should be a God send for you guys. For me having a Savin Direct, Ricoh Direct, Savin Dealer, Gestetner Dealer and another Ricoh dealer in my territory..................bad, bad,, bad,..............guys if I go to Canon can I still be a member here?
Ricoh Corporation Announces The Formation Of Ricoh U.S.
Major Organizational Change Will Dramatically Increase Efficiencies Across
All Levels of the Organization
Business Editors
WEST CALDWELL, N.J.--(BUSINESS WIRE)--Sept. 4, 2002--
Ricoh Corporation, the Dependable Digital(TM) output company, announced
today the formation of Ricoh U.S., a newly developed business unit within
Ricoh Corporation.
Ricoh U.S. will be comprised of Ricoh Corporation's Office Products Group,
(including the Ricoh, Savin and Gestetner brands), the Office Solutions
Group and the four Ricoh Business Systems sales subsidiaries. The new Ricoh
U.S. organizational structure will take effect on October 1, 2002, when it
will begin to utilize a single management team and business plan. Full
integration of Ricoh and Savin entities into Ricoh U.S. will take
approximately two to three years to complete.
The creation of Ricoh U.S. is a major step in the transformation of Ricoh
Corporation from a copier and fax hardware supplier into a total document
and printing solutions provider. By combining Ricoh and Savin capabilities,
Ricoh Corporation will be a simpler, faster and easier company to do
business.
The Ricoh U.S. management team will be responsible for creating the unit's
new business plan and determining the resources necessary to achieve that
plan.
The Ricoh, Savin and Gestetner brands as well as their respective dealer
networks and existing distribution channels will remain intact and be
maintained under Ricoh Corporation. Additionally, Lanier Worldwide,
acquired by Ricoh Corporation in 2001, will not become part of Ricoh U.S.,
but will continue to function as a separate unit of the Ricoh Family Group.
"Ricoh Corporation is extremely pleased to announce the formation of Ricoh
U.S. Maximizing the resources of both Ricoh and Savin Corporations will
allow us to drive down costs, generate additional funds to invest back into
the company and ultimately, make us more competitive in a changing
marketplace," said Kirk Yoshida, President and CEO of Ricoh Corporation.
"The changes to our organization are market and customer driven and the
increasing importance of major and national accounts coupled with the
emergence of IT executives as decision-makers made it necessary to change
the way we do business."
Ricoh U.S. Management Responsibilities
Jim Ivy, currently OPG President and Chairman & CEO of Savin Corporation,
is appointed President of Ricoh U.S., reporting to Kirk Yoshida, President
& CEO of Ricoh Corporation. Ivy will retain his responsibilities as
Executive Vice President of Ricoh Corporation.
The key division heads of Ricoh U.S. who will report directly to Jim Ivy
are as follows:
Tom Salierno, currently President and COO of Savin Corporation, will head
up both the Ricoh U.S. Operations and Direct Sales Divisions.
Hede Nonaka, currently vice president of OPG Ricoh and OSG Marketing, will
be the leader of Ricoh U.S.'s Marketing Division. Nonaka will continue to
support all Ricoh Family Group (Ricoh, Savin and Lanier), marketing
functions.
Wayne Mize, Vice President of the Ricoh Technology Solutions Center (TSC),
which will now include Savin, will continue to support all Ricoh Family
Group technical service functions. Mize will also serve as head of the
Ricoh U.S. Solutions Marketing Division, which will incorporate the present
Network Solution Center with Solutions Marketing. Mize will report to Hede
Nonaka in this capacity.
Alan Nielsen, Vice President Dealer Group of Savin will head up both the
Ricoh U.S. Indirect Sales Division and Ricoh U.S. Major and National
Accounts Division, in addition to retaining responsibility for Savin Dealer
Sales.
Ann Moser, vice president of the Ricoh Printing Solutions Division, will
retain her current responsibility, supporting all channels and will report
to Mr. Ivy.
About Ricoh Corporation
Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of
Ricoh Company Ltd., the 66-year-old leading supplier of office automation
equipment and electronics, with Fiscal Year 2001 sales in excess of $14
billion.
Ricoh Corporation is a leading provider of computer-connected and digital
multifunctional document systems, and is a market leader in color and black
& white digital imaging systems, facsimile products, printers, scanners,
digital duplicators and wide format engineering systems.
The Company oversees Ricoh operations in North, Central and South America,
including the Savin, Gestetner and Lanier brands. For Fiscal Year 2000,
Ricoh Corporation sales exceeded $2.7 billion and employed more than 11,000
people.
Ricoh has received the 1998, 1999 and 2000 Energy Star Imaging Equipment
Partner of the Year Award from the U.S. Environmental Protection Agency
(EPA) - the EPA's highest industry award. In addition, Ricoh was honored
for its commitment to the environment with the Council on Economic
Priorities Environmental Stewardship Award.
In 2001, Ricoh was named by BusinessWeek as one of the Top 100 Information
Technology Companies in the World. Ricoh has received the Market Research
Consultants Digital Copier Manufacturer of the Year Award for 1996, 1997,
1998, 1999, 2000 and 2001.
Information about Ricoh's complete range of products and services can be
accessed on the World Wide Web at www.ricoh-usa.com.
All referenced product names are the trademarks of their respective
companies.
Kevin Doyle
Key Dealer Sales Manager
Ricoh Corporation
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