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Acco Brands Corp : ACCO Brands Names Kriss Kirchhoff President, Global Document Finishing Group

12/18/2006| 10:35am US/Eastern
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ACCO Brands Corporation (NYSE: ABD) announced today that Kriss Kirchhoff has been named president of the Global Document Finishing Group, a newly created business unit. Kirchhoff's appointment is effective today.

Previously, Kirchhoff was vice president and general manager within Hewlett-Packard Company's Business Imaging and Printing business unit, where he led the Connectivity business and business transformation processes that established new operating models and brought new revenue sources.

From the start of his career at HP, beginning in 1979, Kirchhoff held a number of increasingly responsible sales and management positions. As general manager, Digital Workplace Services, he built a new services business for HP's Imaging and Printing group. He was also in charge of technical support services for all HP personal computer, ISA Server and peripheral products. He led a variety of marketing functions, headed sales and marketing for a high growth product category in Western Europe, and directed a field sales organization in the United States.

Most recently, Kirchhoff was chief executive officer of Treetop Tech, Boise, Idaho, which provides information technology consulting services to corporations.

Kirchhoff has an MBA from the University of Dallas and a Bachelor's degree in Engineering and Electronics from Texas A&M University.

As president of Global Document Finishing, Kirchhoff will have responsibility for all of the company's binding and document communications businesses. The Global Document Finishing Group's pro forma revenues would have been $550 million in 2005. Kirchhoff will report to David D. Campbell, chairman and chief executive officer. He and his family will relocate to the Chicago area early in 2007.

?Kriss possesses a solid understanding of technology as well as a track record of accomplishment and business leadership,? said Campbell. ?I look forward to working with him as we chart a growth course for this exciting new business unit.?

About ACCO Brands Corporation

ACCO Brands Corporation is a world leader in select categories of branded office products, with annual revenues of nearly $2 billion. Its industry-leading brands include Day-Timer®, Swingline®, Kensington®, Quartet®, GBC®, Rexel®, and Wilson Jones®, among others. Under the GBC brand, the company is also a leader in the professional print finishing market.

Forward-Looking Statements

This press release contains statements which may constitute "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995.

These forward-looking statements are subject to certain risks and uncertainties, are made as of the date hereof and the company assumes no obligation to update them. ACCO Brands' ability to predict results or the actual effect of future plans or strategies is inherently uncertain and actual results may differ from those predicted depending on a variety of factors, including but not limited to fluctuations in cost and availability of raw materials; competition within the markets in which the company operates; the effects of both general and extraordinary economic, political and social conditions; the dependence of the company on certain suppliers of manufactured products; the effect of consolidation in the office products industry; the risk that businesses that have been combined into the company as a result of the merger with General Binding Corporation will not be integrated successfully; the risk that targeted cost savings and synergies from the aforesaid merger and other previous business combinations may not be fully realized or take longer to realize than expected; disruption from business combinations making it more difficult to maintain relationships with the company's customers, employees or suppliers; foreign exchange rate fluctuations; the development, introduction and acceptance of new products; the degree to which higher raw material costs, and freight and distribution costs, can be passed on to customers through selling price increases and the effect on sales volumes as a result thereof; increases in health care, pension and other employee welfare costs; as well as other risks and uncertainties detailed from time to time in the company's SEC filings.


© Business Wire 2006
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