ST. PETERSBURG, Fla., June 14 /PRNewswire-FirstCall/ -- Catalina Marketing
Corporation (NYSE: POS) today announced Christopher W. Wolf has been promoted
to the position of Senior Vice President and Chief Financial Officer effective
June 28, 2002. The company also announced it has accepted the resignation of
Joseph P. Port as Executive Vice President and Chief Financial Officer. Mr.
Port, whose resignation will be effective June 28, 2002, cited personal
reasons for his departure.
Daniel D. Granger, Chairman and Chief Executive Officer, stated, "In Joe's
three years with Catalina, he built a strong finance organization and he and
his team have made significant contributions to the success of the company.
However, I understand and respect his decision."
Granger added, "Chris's broad financial expertise and proven track record
of success made him the clear choice to assume the duties of Chief Financial
Officer at Catalina. Since joining the company, Chris has been a key member of
our senior management team and played a vital role in developing our
relationship with the investment community. We're confident that his
leadership and management skills will help ensure the continued growth of
Catalina."
Mr. Wolf has held various senior financial management positions with the
company, most recently serving as Vice President of Finance and Treasurer.
Prior to joining Catalina in 1996, he was employed for ten years with Arthur
Andersen LLP. Mr. Wolf, who is a Certified Public Accountant, earned his
undergraduate degree in Accounting from Florida State University and a Master
of Accounting degree from the University of North Carolina.
Based in St. Petersburg, Fla., Catalina Marketing Corporation
(http://www.catalinamarketing.com) provides a wide range of strategic, targeted
marketing solutions for consumer goods companies and retailers. The targeted
marketing services of the company are provided by interrelated operating
groups that strive to influence the purchasing behavior of consumers wherever
and whenever they make purchase decisions. Through these operating groups,
Catalina Marketing is able to reach consumers internationally and domestically
-- in-store, using incentives, loyalty programs, sampling and advertising
messages; at home, through direct mailings; and online. Personally
identifiable data that may be collected from the company's targeted marketing
programs, as well as its research programs, will not be sold or given to any
outside party without the express permission of the consumer.
Certain statements in the preceding paragraphs are forward looking, and
actual results may differ materially. Statements not based on historic facts
involve risks and uncertainties, including, but not limited to, the changing
market for promotional activities, especially as it relates to policies and
programs of packaged goods manufacturers for the issuance of certain product
coupons, the effect of economic and competitive conditions and seasonal
variations, actual promotional activities and programs with the company's
customers, the pace of installation of the company's store network, the
success of new services and businesses and the pace of their implementation,
and the company's ability to maintain favorable client relationships.
SOURCE Catalina Marketing Corporation
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Related links:
http://www.catalinamarketing.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/113439.html
CONTACT:
Daniel D. Granger, Chairman and Chief
Executive Officer, Catalina Marketing Corporation,
+1-727-579-5007
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