Thursday, January 5, 2012

Does anyone else see the irony here?


Antonio M. Perez

Above is a picture of Antonio Perez.  Mr. Perez sits on President Obama's prestigious Council on Jobs and Competitiveness.  According to the Whitehouse web site, The Jobs Council's mission statement is as follows:
The President's Council on Jobs and Competitiveness (Jobs Council) was created to provide non-partisan advice to the President on continuing to strengthen the Nation's economy and ensure the competitiveness of the United States and on ways to create jobs, opportunity, and prosperity for the American people.
However, according to the Wall Street Journal:
 Eastman Kodak Co. is preparing to seek bankruptcy protection in the coming weeks, people familiar with the matter said, a move that would cap a stunning comedown for a company that once ranked among America's corporate titans.
And he is on the Jobs Council!?  But don't worry, I am sure Mr. Perez is already well within the 1%, plus he probably has already committed to aggregating even more election funding this time than last time for you, Mr. President.


Dave H said...

Kodak was sinking long before Perez took the reins. There were too many previous executives who tried to maintain business as usual for too long for him to make much difference.

Not that it makes him any more qualified to serve on the Jobs Council. I think you pegged his primary qualification quite neatly.

2cents said...

They were sinking, but they had actually repositioned fairly well. They became a digital and ink company and were leveraging their product name recognition for all it was worth. I believe he came in about eight years ago. After they had made the decision to transition and long enough ago that he owns the failure in my book.