Published: June 03, 2009
Washington – Business Roundtable, an association of chief executive officers of leading U.S. corporations who collectively provide health coverage to 35 million Americans, announced today that Antonio M. Perez, Chairman and CEO of Eastman Kodak Company, will serve as the Chair of its Consumer Health and Retirement Initiative. Mr. Perez succeeds Ivan G. Seidenberg, Chairman and CEO of Verizon Communications, who was recently named Chairman of Business Roundtable.
“Ivan played a significant role in advancing the health care debate to make America’s health care system more efficient, more affordable for our workers, families and businesses and available to all Americans,” said Mr. Perez. “I am honored to continue this important work in conjunction with the Administration and Congress and look forward to the passage of health reform legislation that addresses both access and cost this year.”
Of the appointment Mr. Seidenberg said, “Health care costs are one of the top cost pressures facing U.S. businesses today. We are privileged to have Antonio lead the charge during this pivotal time of increased debate around health care reform.”
Eastman Kodak Company is a multinational American corporation that produces imaging and photographic materials and equipment. Founded in 1880, Kodak has a long history of progressive involvement in health care and is a leading U.S. purchaser of health care services.
Since joining the company in 2003, Mr. Perez has transformed Kodak from a business based on film to one focused primarily on digital technologies. In the past six years, Kodak has introduced an array of new digital technologies and products for consumer and commercial applications, including consumer inkjet printers, dry labs and kiosks for printing at retail, as well as high-volume digital production presses and digital plates for commercial printing.
Business Roundtable is an association of chief executive officers of leading U.S. companies with nearly $6 trillion in annual revenues and more than 12 million employees. Member companies comprise nearly a third of the total value of the U.S. stock markets and pay more than 60 percent of all corporate income taxes paid to the federal government. Annually, they pay more than $167 billion in dividends to shareholders and the economy.
Business Roundtable companies give more than $7 billion a year in combined charitable contributions, representing nearly 60 percent of total corporate giving. They are technology innovation leaders, with more than $111 billion in annual research and development spending – nearly half of all total private R&D spending in the U.S.