Catalina (NYSE:POS)
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Catalina Marketing Announces Appointment of Rick Frier as Chief
Financial Officer
ST. PETERSBURG, Fla., Feb. 15 /PRNewswire-FirstCall/ -- Catalina Marketing
Corporation (NYSE:POS) today announced that Rick Frier, 43, will join the
company as executive vice president, finance and accounting, and will be
appointed chief financial officer immediately following the company's fiscal
2005 year-end financial statement filings.
"We're very excited to have Rick join Catalina's management team," said Dick
Buell, chief executive officer of Catalina Marketing. "His broad financial and
operations expertise will be of great value to the organization as we drive
future growth."
Frier was most recently chief financial officer and chief operating officer
with Mattress Discounters, where he led the successful restructuring of the
company's operations and financials. He has also held chief financial officer
positions with Concept Five Technologies and the Caliber Learning Network.
Earlier in his career, Frier was vice president of finance and treasurer for
Treasure Chest Advertising Company and assistant vice president, corporate
banking for Wells Fargo Bank.
Frier will succeed Robert Woltil, who has been serving as Catalina Marketing's
interim chief financial officer since November 9, 2004. Woltil will remain with
the company through June, until the year-end filings are complete, to ensure
the seamless transition of the role to Frier. "Bob Woltil has been an
effective financial leader during our search for a permanent CFO," Buell added.
"We're thankful to him for his excellent performance and appreciate his
willingness to remain on board to complete the reporting of our year-end
results."
Based in St. Petersburg, Fla., Catalina Marketing Corporation
(http://www.catalinamarketing.com/ ) was founded 20 years ago on the concept
that targeted communications, based on actual purchase behavior, would generate
more effective consumer response. Today, Catalina Marketing combines
unparalleled insight into consumer behavior with dynamic consumer access. This
combination of insight and access provides marketers with the ability to
execute behavior-based marketing programs, ensuring that the right consumer
receives the right message at exactly the right time. Catalina Marketing offers
an array of behavior-based promotional messaging, loyalty programs and
direct-to-patient information. Personally identifiable data that may be
collected from the company's targeted marketing programs, as well as its
research programs, are 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 and retailers, government and
regulatory statutes, rules, regulations and policies, 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, the company's ability to maintain favorable
client relationships, the outcome and impact of an ongoing SEC investigation
into certain of the company's prior fiscal years, and the outcome and impact of
the pending shareholder class action and derivative lawsuits.
DATASOURCE: Catalina Marketing Corporation
CONTACT: Media, Michelle Bauer, Executive Director, Corporate Marketing,
+1-727-579-5129, or Investors, Bob Woltil, Interim Chief Financial Officer,
+1-727-579-5307, or Joanne Freiberger, Vice President, Finance,
+1-727-579-5116, all of Catalina Marketing Corporation
Web site: http://www.catalinamarketing.com/