BNET Industries

IKON Office Solutions

(IKN) is in the Technology Industry

Last Fiscal Year Sales:$4.1B
  • Public
  • US
Dow Jones Description

Ikon is the icon for office solutions and efficiency. Founded in 1952 and headquartered in Malvern, PA, IKON Office Solutions (NYSE: IKN) provides document management solutions and systems that increase efficiency. The Company's products include copiers, printers, color solutions, and systems for distributed printing, managing facilities, imaging, and legal documents. It distributes products of Canon, Ricoh, Konica Minolta, EFI, and HP. It operates in North America and Western Europe. It recently discontinued its Business Document Services unit.

Chairman & CEO
Matthew J. Espe
Number of Employees 25,000
Contact Information

70 Valley Stream Parkway

Malvern, Pennsylvania 19355

www.ikon.com

(610) 296-8000

NAICS Code Computer and Computer Peripheral Equipment and Software Merchant Wholesalers: 423430

Recent Events

  • GAM Printers Inc. Takes Delivery of a RICOH Pro C900 Digital Color Printer From IKON

    11/13/09 - Merger / Acquisition - View Story

  • IKON Renews Agreement with the University of Arizona

    11/05/09 - Joint Venture / Alliance - View Story

  • IKON Renews Document Production Strategic Alliance Agreement with the University of Arizona

    11/03/09 - Joint Venture / Alliance - View Story

  • IKON Renews Comprehensive Document Management Solution Agreement with Duane Morris LLP

    9/28/09 - Joint Venture / Alliance - View Story

  • IKON Introduces New Reseller Relationship with Omtool, Ltd.

    8/20/09 - Product Announcement - View Story

  • IKON to Implement Digital Rights Management Solutions Built on Fasoo.com

    7/17/09 - Licensing / Contract - View Story

  • IKON To Implement Digital Rights Management Solutions Built on Fasoo.com

    7/14/09 - Licensing / Contract - View Story

  • Ikon Offers New Litigation Support Solutions

    6/27/09 - Product Announcement - View Story

  • IKON Announces New Litigation Support Solutions for the Legal Industry

    6/23/09 - Product Announcement - View Story

News & Analysis

finance and ikon office solutions - All News and Analysis

Board of Directors

Name (plus bio) Position
Matthew J. Espe Chairman & CEO

Matthew J. Espe joined IKON Office Solutions in August 2002 as President and Chief Executive Officer, and was elected to the additional position of Chairman of the Board of Directors in February 2003. He has more than 25 years’ experience in distribution, sales and marketing, with a proven track record for building and leading businesses on a global scale. Since joining IKON, Espe developed and executed a successful and comprehensive strategy with three key priorities – growth, operational leverage and capital strategy – which positioned IKON as the world’s largest and strongest independent distributor of document management systems and services. Under his leadership, IKON has focused on operational excellence, strengthening efficiencies and enhancing its document management service offerings. In addition, Espe successfully led IKON through its merger with Ricoh Company, Ltd. in 2008. IKON now leverages the manufacturing and engineering expertise of a global technology innovator, with the experience and reach of its locally based sales and services teams, to provide end-to-end solutions and one of the industry’s broadest portfolios of document management services. Prior to joining IKON Office Solutions, Espe served in various positions at General Electric Corporation, including President and CEO of GE Lighting, until 2002. After positions of increasing responsibility in sales and marketing management, he was appointed a Company Officer of GE in 1998 and appointed President, GE Plastics Asia. In 1999 he was appointed President, GE Plastics Europe. Espe returned to the U.S. in 2000 and was named President and CEO of GE Lighting and Senior Vice President of General Electric. In addition to his duties at IKON, Espe serves on various boards and outside advisory councils, including the Board of Directors for Unisys Corporation and the Advisory Board of the University of Idaho. Espe is an active volunteer with the United Way, and currently serves on the board for the United Way of Southeastern Pennsylvania and was the Campaign Chair for the 2007 United Way Campaign for Southeastern Pennsylvania. Espe earned his bachelor’s degree in marketing from the University of Idaho and his master’s degree in business administration from Whittier College.

Organization Position Status
IKON Office Solutions, Inc. Chairman & CEO Current
IKON, Ltd. Current
Unisys Corporation Board of Directors Current
IKON Office Solutions, Inc. Board of Directors Current
GE Lighting Chief Executive Officer Former
IKON Office Solutions, Inc. Director Former
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