Kodak preparing to name restructuring officer: report
Eastman Kodak Co
While the company has not finalized the appointment, Dominic Di Napoli, a vice chairman at FTI Consulting Inc
Antonio Perez would continue as Kodak's chief executive, the Journal said.
Kodak's management and board, which was briefed on Friday about the company's efforts to secure bankruptcy financing, has been advised that naming a restructuring chief would make it easier to attract investors, the report said.
Kodak has been under pressure ever since September when it drew cash from a credit line, tipping investors off to liquidity issues.
The company is working on details of a bankruptcy filing after struggling to sell a portfolio of patents that would help bolster its cash position, the report said.
It has had talks with possible lenders, including Citigroup Inc
On Wednesday Kodak said it has filed a lawsuit against Samsung Electronics Co <005930.KS>, alleging infringement of certain patents related to Kodak digital imaging technology.
(Reporting by Saqib Iqbal Ahmed in Bangalore; editing by Matt Driskill)
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