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Catalina Marketing President And COO Resigns - Update

(RealTimeTraders.com) - Before the bell Wednesday, Catalina Marketing Corporation (POS), a provider of strategic marketing solutions for consumer goods and pharmaceutical companies, announced the resignation of Michael G. Bechtol as President and COO, effective September 12th.

Catalina Marketing also said that Mr. Bechtol’s current responsibilities will be handled by Sue Klug, Group President, Patty Melanson, Group President, and Daniel D. Granger, Chairman and CEO.

Daniel D. Granger, said, “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.”

Catalina Marketing closed Tuesday’s session at $15.47.

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