Lexmark president and CEO announces resignation

Posted Date 06/29/17

LEXINGTON, Ky. (WKYT) - Lexmark International President and Chief Executive Officer announced his resignation.

David Reeder says he is stepping down effective immediately. He cited personal reasons for his decision.

"All of the Lexmark family want to thank David Reeder for his impressive efforts as CEO of the company, and as CFO as well," said Mickey Kantor, chairman of the Lexmark Board of Directors. "We wish him and his family the best in the future."

According to a news release, Reeder began his tenure at Lexmark as chief financial officer in January 2015. He was named president and chief executive officer in November 2016.

A search for a successor is underway. In the interim, Lexmark says Brock Saladin, senior vice president and chief revenue officer, and Allen Waugerman, senior vice president and chief technology officer will serve as the leadership team.

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