Catalina Marketing Announces Appointment of Rick Frier as Chief Financial Officer
16 February 2005 - 9:00AM
PR Newswire (US)
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/
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