Checkpoint Systems, Inc. (NYSE: CKP), a leading manufacturer and marketer of identification, tracking, security and merchandising solutions for the retail industry and its supply chain, today announced that it has appointed Steven Davidson as President, Global Apparel Labeling Solutions effective immediately. Mr. Davidson will lead Checkpoint�s global apparel labeling business with a focus on providing integrated solutions throughout the apparel supply chain. Prior to joining Checkpoint, Mr. Davidson held increasingly more responsible positions at the Braitrim Group, a global full service provider of apparel identification and packaging products, for the past sixteen years. This included working over three years in Asia to successfully establish a manufacturing and service footprint. In 2002, he became Managing Director EMEA for Spotless Retailer Services where he retained full P&L responsibility for EMEA, in addition to maintaining global marketing responsibility for the Braitrim brand. He also held positions at TCI Marketing Consultancy, K Shoes Group and Unilever. �We are delighted that Steven has joined the Checkpoint team,� said Rob van der Merwe, President and Chief Executive Officer of Checkpoint Systems, Inc. �Steven brings to the Company a broad range of experience and expertise in the global apparel labeling industry. He is well known in the industry and was instrumental in building a $180 million business that served the apparel identification needs of the leading retailers and apparel manufacturers across Europe, and Asia.� Checkpoint Systems, Inc. Checkpoint Systems, Inc. is the leading supplier of retail shrink management solutions. Checkpoint's global team helps retailers - and their suppliers - reduce theft, increase inventory visibility and provide consumers with greater merchandise availability through the company's rapidly evolving RF technology, expanding shrink management offerings and Check-Net labeling solutions. Checkpoint has more than one million RF devices installed in stores today and has secured more than 100 billion products. Scaling cost efficiently, Checkpoint's solutions provide increased revenues and profits to a fast-growing community of successful retailers and a superior experience for their consumers. Listed on the NYSE (NYSE:CKP), Checkpoint operates in every major geographic market and employs 3,900 people worldwide. For more information, visit www.checkpointsystems.com. Caution Regarding Forward-Looking Statements This press release includes information that constitutes forward-looking statements. Forward-looking statements often address our expected future business and financial performance, and often contain words such as "expect," "anticipate," "intend," "plan," believe," "seek," or "will." By their nature, forward-looking statements address matters that are subject to risks and uncertainties. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include: our ability to integrate the acquisition of the Alpha S3 business and to achieve our financial and operational goals for Alpha S3; changes in international business conditions; foreign currency exchange rate and interest rate fluctuations; lower than anticipated demand by retailers and other customers for our products; slower commitments of retail customers to chain-wide installations and/or source tagging adoption or expansion; possible increases in per unit product manufacturing costs due to less than full utilization of manufacturing capacity as a result of slowing economic conditions or other factors; our ability to provide and market innovative and cost-effective products; the development of new competitive technologies; our ability to maintain our intellectual property; competitive pricing pressures causing profit erosion; the availability and pricing of component parts and raw materials; possible increases in the payment time for receivables as a result of economic conditions or other market factors; changes in regulations or standards applicable to our products; the ability to implement cost reduction in field service, sales, and general and administrative expense, and our manufacturing and supply chain operations without significantly impacting revenue and profits; our ability to maintain effective internal control over financial reporting; and additional matters disclosed in our Securities and Exchange Commission filings. We do not undertake to update our forward-looking statements, except as required by applicable securities laws.
Checkpoint (NYSE:CKP)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Checkpoint Charts.
Checkpoint (NYSE:CKP)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Checkpoint Charts.