*NEWS*RICOH’s CONSOLIDATION WITH LANIER

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*NEWS*RICOH’s CONSOLIDATION WITH LANIER

 user 2006-06-15 at 11:13:00 am Views: 50
  • #15681

    RICOH Begins Consolidation With Lanier
    WEST
    CALDWELL, N.J., June 06– Ricoh Corporation announced today it has
    begun the process of consolidating the back office operations of Ricoh
    U.S., a division of Ricoh Corporation and Lanier Worldwide, Inc. in
    anticipation of a future consolidation of those entities. The
    consolidation begins with the back-office and revenue support functions
    and takes place in two distinct areas, a corporate unit and a business
    unit.These changes are being made now to prepare Ricoh for the future.
    Having just completed our most successful year ever, in which we saw
    revenues grow by more than eight percent to $3 billion, we are making
    these changes from a position of strength in preparing for the future,”
    said Sam Ichioka, Chairman and CEO of Ricoh Corporation. “The goal of
    these changes is to drive revenue growth, improve efficiency and
    customer satisfaction and strengthen Ricoh’s position as a leader in
    the document solutions marketplace by leveraging the diverse skills and
    strengthens of Ricoh and Lanier,” Ichioka added.The new business unit
    will continue to be known as Ricoh U.S., and Nori Goto, currently
    President and CEO of Lanier has been appointed Chief Executive Officer.
    Additionally, Tom Salierno, currently President of Ricoh U.S. has been
    appointed Chief Operating Officer of the new business unit.”At this
    time, existing relationships with dealers and direct customers will
    remain unchanged since both Mr. Goto and Mr. Salierno will retain
    responsibility for the existing Lanier and Ricoh U.S. field sales and
    service teams. We will continue to market and support our four brands -
    Ricoh, Gestetner, Lanier, and Savin – in addition to the IKON channel,”
    Ichioka added.Additionally, Mr. Goto has been appointed Vice Chairman
    of Ricoh Corporation reporting to Sam Ichioka. Both Mr. Goto and Mr.
    Salierno will retain their positions on the Board of Directors of Ricoh
    Corporation, and will also remain as members of the Corporate Officer
    Committee of parent company Ricoh Company, Ltd.Ricoh Corporation will
    continue to be headquartered in West Caldwell, NJ. The Ricoh U.S.
    business unit will maintain two locations, West Caldwell and
    Atlanta.”With these changes, Ricoh will be better able to meet the
    challenges of the future and the demands of our customers,” said
    Ichioka. “These changes do not affect our relationships with our
    business partners and will only affect operations in the United
    States,” Ichioka added.