A nonprofit publication of the Kentucky Center for Public Service Journalism

Allen Waugerman named president and chief executive officer of Lexmark effective immediately

Lexmark, a global imaging solutions leader, announced that its board of directors has unanimously selected Allen Waugerman as Lexmark president and chief executive officer, effective immediately. Allen Waugerman Waugerman joined Lexmark at its inception in 1991 and has served in a variety of leadership roles, including leading the company on an interim basis during the CEO search. Since 2016 Waugerman...

Lexmark wins prestitious 2019 Printer/MFP Line of Year award from Keypoint Intelligence

Lexmark, a global imaging solutions leader, has won the prestigious 2019 Printer/MFP Line of the Year award from Keypoint Intelligence – Buyers Lab (BLI), the world’s leading independent evaluator of document imaging hardware, software, and services. According to Keypoint Intelligence, the award is based on the strength and breadth of the range of Lexmark’s printers and MFPs tested....

Lexmark receives CSO50 Award as one of top 50 organizations for security strategies and practices

Lexmark has been honored with a 2019 CSO50 award from IDG Communications’ CSO. The Annual CSO50 Awards recognize 50 organizations for driving innovation in the security field and implementing world-class security strategies and practices. Lexmark was honored for its Privacy@Lexmark program, which fosters continuous improvement in the treatment of personal data entrusted to Lexmark, through process...

Lexmark names Richard Geruson president/CEO after extensive search, comes from Phoenix Technologies

Lexmark, a global imaging solutions leader, today announced that its board of directors has unanimously selected Richard (Rich) Geruson as Lexmark president and chief executive officer, effective today. Geruson will also serve on the Lexmark board of directors. An experienced technology leader, Geruson spent the last six years as chief executive officer and president of Phoenix Technologies, the premier...

Junior Achievement of the Bluegrass salutes volunteers from Adopt a School program

As the new school year gets rolling, Junior Achievement of the Bluegrass paused to thank its volunteers who have given five, 10, and 15 years of service educating students about workforce readiness, entrepreneurship, and basic financial matters. “That kind of commitment and longevity is fantastic. It really makes a difference with what we’re able to give back to the community,” said Sheri Evans...

Reeder resigns as Lexmark CEO; Saladin, Waugerman will take over company on interim basis

David Reeder, Lexmark president and chief executive officer, has resigned for personal reasons, effective immediately, Lexmark International, Inc., a global imaging solutions leader, announced Wednesday. David Reeder A search for a successor is underway. In the interim, Lexmark will be led by a management team consisting of Brock Saladin, senior vice president and chief revenue officer, and Allen Waugerman,...

Lexmark, Intelligent ID announce end-to-end solution to provide insider security threat protection

Lexmark International Inc., a global imaging solutions leader, announced Wednesday an end-to-end solution that provides insider security threat protection for printing devices. Print security is a critical component of infrastructure optimization that can significantly reduce security gaps between documents, devices, the network and all points in between. The announcement of the Lexmark Secure Document...

Lexmark unveils new imaging solution software to allow hospitals to go paperless

Lexmark International has introduced a new imaging solution that connects Lexmark multifunction printers (MFPs) to EDCO Health Information Solutions’ Solarity platform, a scanning and indexing software solution for medical records. The Solarity Connector enables hospitals to use a Lexmark MFP at the point of care to capture clinical information into the Solarity workflow, helping facilities reach...

Lexmark announces completion of acquisition by Apex Technology and PAG Asia Capital

Lexmark International, Inc. has announced the successful completion of the acquisition by a consortium of investors (Consortium) led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). Under the terms of the merger agreement, which was announced on April 19, 2016, Lexmark shareholders will receive $40.50 per share in cash. Legend Capital Management Co. Ltd. (Legend Capital) is also a member...

Lexington ranked first among midsize cities nationally for new college grads starting their careers

The search is on for new grads looking to put down their first roots. For those who can’t imagine staying in a place too big or too small, Onlinedegrees.com reveals the best mid-size cities in the U.S. for what millennials crave the most – work/life balance, access to entertainment, and a city full of their peers. Based on our analysis, college towns and cities far from either cost scored particularly...

Know a great STEM teacher? Lexmark seeks nominations for Educating Excellence awards

Do you know a science, technology, engineering or math (STEM) teacher who is an inspiring innovator and passionate leader for their students? Lexmark is requesting nominations for its Educating Excellence program, which rewards outstanding K-12 educators in Central Kentucky for excellence in STEM education. The program recognizes deserving teachers with $1,000 cash awards. Awards will be granted...

Lexmark sharholders approve merger agreement with Apex Technology, PAG Asia Capital

Lexmark International, Inc. announced Friday that its shareholders have approved the definitive merger agreement under which Lexmark is to be acquired by a consortium of investors led by Apex Technology Co., Ltd. and PAG Asia Capital and including Legend Capital Management Co., Ltd. Upon completion of the transaction, Lexmark shareholders will receive $40.50 per share in cash. About 70 percent of...

Lexmark agrees to be acquired by Apex Technology, PAG Asian Capital for $3.6b; to stay in Lexington

Lexmark International, Inc., whose headquarters are based in Lexington, announced Tuesday that it has entered into a definitive merger agreement with a consortium of investors led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG), under which Lexmark will be acquired for $40.50 per share in an all-cash transaction with an enterprise value of approximately $3.6 billion, net of cash. Legend...

Bellarmine to host Warrior to Scholar to Leader discussion on transition from military to workforce

A panel of veterans will discuss the unique skills veterans bring to the civilian workforce, in addition to some of the challenges they face on Thursday, April 14, at Bellarmine University. The free event, which includes a veteran job networking opportunity, takes place at 6 p.m. The veteran panelists include Richard Brown, who has experience hiring veterans; Andrew Hagerman, incoming president of...

Nick Rowe is back home where he belongs, as head of KyAm Water — and everybody knows his name

By Judy Clabes KyForward editor Nick Rowe should just hang a big banner at the Kentucky American Water headquarters on Richmond Road, and it should read “I’m back. Right where I belong.” That’s how everybody around the place feels about it anyway. Including Nick. Yes, make that “Nick” too. A visitor checking in at the lobby says to the veteran security guard, Ed, “I’m here to see...

United Way Campaign Kick-Off event offers free food and fun for whole family

  United Way of the Bluegrass will host its annual Campaign Kick-Off Tuesday, Sept. 15, at Fifth Third Pavilion in downtown Lexington.   This free event features food and fun for the whole family:   ‣ Free hotdogs and chips for the first 250 guests ‣ Free Kona Ice for the first 100 kids (age 12 and under) ‣ United Way partner agencies on-site with information and giveaways ‣...

Lexmark dedicates 20th Habitat for Humanity house for family in Lexington

  After more than 1,800 hours of construction by about 100 Lexmark volunteers, a Lexington family has received the keys to their new home.   Lexmark’s 20th corporate-sponsored Habitat for Humanity house was dedicated last week in North Lexington. Construction began in mid-May and continued just about every Friday and Saturday until the home was recently completed.   The new homeowners...

Lexmark enters agreement to acquire software company Kofax for $1 billion

Lexington-based Lexmark and California software company Kofax have announced a merger agreement that will nearly double the size of Lexmark’s enterprise software business. Lexmark will pay $11 per share for a total of $1 billion.   Lexmark’s Paul Rooke “The acquisition of Kofax enhances our best-in-class offerings so our customers can capture, manage, access, and act upon their...

Eighth annual United Way Golf Classic fund-raiser presented by Lexmark in September

Join United Way of the Bluegrass and Lexmark as they live united by participating in the eighth annual United Way Golf Classic at Champion Course at Keene Trace on Monday, Sept. 8. The fund-raiser supports United Way partner programs in Central Kentucky.   The scramble format will feature a double shotgun start at 8 a.m. and 2 p.m., with lunch served from 12-2 p.m.   UWBG’s Matt Briggs...

Lexmark hosted students and professionals for a day of learning, teaching and inspiration

Students and professionals worked together in a day of technology, science, math and engineering. (Photo provided)   More than 100 students and 135 science, technology, engineering, and math professionals, volunteers, speakers and committee members attended the Youth Science Summit at Lexmark’s headquarters in Lexington.   Created by the Science Center’s Youth Infusion Board, the Youth...