Catalina Marketing announces resignation of president and COO
(PRN) - Catalina Marketing Corporation (NYSE: POS) Wednesday announced that it has accepted the resignation of Michael G. Bechtol as President and Chief Operating Officer. Bechtol, whose resignation will be effective September 12, 2003, cited personal reasons for his departure.
Daniel D. Granger, chairman and CEO, 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. He has made significant contributions to the success and growth of the company over those years and we wish him the best of success in his future endeavors."
Granger continued, "For the immediate future, Mike's current responsibilities will be handled by Sue Klug, group president, Patty Melanson, group president, and me. This departure is an amicable separation and Mike has given us sufficient notice to effect an organized and orderly transition in connection with the operation of the business."
Catalina Marketing Corporation provides a wide range of strategic, targeted marketing solutions for consumer goods companies and retailers.