ST. PETERSBURG, Fla., Sept. 12 /PRNewswire-FirstCall/ -- Catalina
Marketing Corporation (NYSE: POS) announced today that Philip B. Livingston,
46, chief financial officer and director of World Wrestling Entertainment,
Inc. (NYSE: WWE), has been elected to the company's board of directors,
increasing the board to eight members. Mr. Livingston will also serve as a
member of the company's audit committee.
Prior to joining WWE in March of this year, Mr. Livingston was president
and chief executive officer of Financial Executives International ("FEI"),
where he had significant participation in the formulation and passage of the
Sarbanes-Oxley Act of 2002 and directly authored sections 406 and 407 of that
law regarding ethical codes of conduct for corporate financial officers and
audit committee financial experts. Before joining FEI in 1998, Mr. Livingston
was employed by Catalina Marketing, serving as the company's senior vice
president and chief financial officer until November 1998. Mr. Livingston
also previously served as vice president and chief financial officer for
Celestial Seasonings. Prior to his tenure at Celestial Seasonings, Mr.
Livingston held financial and accounting positions with Genentech, Inc. and
Arthur Young and Company. Mr. Livingston is a Certified Public Accountant.
Mr. Livingston serves as a director of WWE, and a director and chair of
the audit committee of Cott Corporation (NYSE: COT), a $1.4 billion
manufacturer of private label carbonated soft drinks. Mr. Livingston is also
a director and chairman of the audit committee of Insurance Auto Auction Inc.
(Nasdaq: IAAI), a leading provider of automotive salvage and claims processing
services.
Commenting on the announcement, Daniel D. Granger, chairman and chief
executive officer, said, "We are pleased to welcome Phil Livingston to our
Board and back to the company. Phil's extensive financial experience, strong
leadership skills and industry knowledge will be a tremendous resource to our
company. Phil is one of the most outspoken leaders in the area of ethical
corporate conduct and we look forward to working with him in ensuring that
Catalina and its Board lead our industry with the highest ethical standards."
Based in St. Petersburg, Fla., Catalina Marketing Corporation
(http://www.catalinamarketing.com) provides a wide range of behavior-based marketing
services for manufacturers and retailers. These behavior-based marketing
services are provided by interrelated operating groups that strive to
influence purchase behavior of consumers wherever and whenever they make
purchase decisions. Through these operating groups, Catalina Marketing
Corporation is able to reach consumers internationally and domestically -- in-
store, using incentives, loyalty programs and advertising messages, and at-
home, through direct mail and sampling. Personally identifiable data that may
be collected from the company's targeted marketing programs, as well as its
research programs, is never 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:
Christopher W. Wolf, Executive Vice President
and Chief Financial Officer, +1-727-579-5218, or Joanne
Freiberger, Vice President, Finance, +1-727-579-5116, both of
Catalina Marketing
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