ST. PETERSBURG, Fla., Aug. 13 /PRNewswire/ -- Catalina Marketing
Corporation (NYSE: POS) today announced that it has accepted the resignation
of Michael G. Bechtol as President and Chief Operating Officer. Mr. Bechtol,
whose resignation will be effective September 12, 2003, cited personal reasons
for his departure.
Daniel D. Granger, Chairman and Chief Executive Officer, commented, "In
Mike's 17 years with Catalina he has held a variety of management positions,
including President and Chief Operating Officer for the last four months, and
has been an integral part of the senior management team. He has made
significant contributions to the success and growth of the company over those
years and we wish him the best of success in his future endeavors."
Granger continued, "For the immediate future, Mike's current
responsibilities will be handled by Sue Klug, Group President, Patty Melanson,
Group President, and me. This departure is an amicable separation and Mike
has given us sufficient notice to effect an organized and orderly transition
in connection with the operation of the business."
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 and pharmaceutical manufacturers for the issuance
of certain product coupons and other promotions, 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 policies and programs of the company's retail
partners, 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
CONTACT:
Daniel D. Granger, Chairman and Chief
Executive Officer, Catalina Marketing Corporation,
+1-727-579-5000
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