BNET Industries
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. EspeNumber of Employees 25,000
Contact Information
70 Valley Stream Parkway
Malvern, Pennsylvania 19355
(610) 296-8000
Peer Companies
NAICS Code Computer and Computer Peripheral Equipment and Software Merchant Wholesalers: 423430
Recent Events
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GAM Printers Inc. Takes Delivery of a RICOH Pro C900 Digital Color Printer From IKON
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IKON Renews Agreement with the University of Arizona
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IKON Renews Document Production Strategic Alliance Agreement with the University of Arizona
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IKON Renews Comprehensive Document Management Solution Agreement with Duane Morris LLP
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IKON Introduces New Reseller Relationship with Omtool, Ltd.
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IKON to Implement Digital Rights Management Solutions Built on Fasoo.com
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IKON To Implement Digital Rights Management Solutions Built on Fasoo.com
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Ikon Offers New Litigation Support Solutions
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IKON Announces New Litigation Support Solutions for the Legal Industry
News & Analysis
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ikon office solutions - All News and Analysis
5 NYSE Stocks Hitting 52-Week Highs
John C. Lee submits:Alpharma Inc. ALO Drug manufacturer for humans and animals.King Pharmaceuticals KG started a $1.6 billion tender offer on September 11 for $37 per share. This is up from KG’s $1.4 billion offer in August.ALO condemns the hostile takeover attempt and took...
Merger Watch: IKON Office Solutions - Ricoh Company
The M & A Researcher submits: Based on initial research, the looks to be a fairly straightforward transaction with respect to competition-related regulatory issues. It is fairly clear that IKN is primarily a document management entity, while Ricoh is essentially a supplier of the materials/equipment IKN implements in its...
IKON Office Solutions Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Our first question today is coming from the line of Carol Sabbagha with Lehman Brothers. Please go ahead with your question, ma’am. Amanda Seguin – Lehman Brothers Actually, Amanda Seguin [ph] on for Carol. First, just a question on the economy in...
IKON Office Solutions Inc. F2Q08 (Qtr End 3/31/08) Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator Instructions. Our first question comes from Carol Sabbagha with Lehman Brothers. Please state your question. Carol Sabbagha - Lehman Brothers Good morning. Thanks. Sort of quick question on the economy here in the US. What did you see in the quarter? Other companies...
IKON Office Solutions F1Q08 (Qtr End 12/31/07) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Matt Troy with Citigroup. Matt Troy - Citigroup I had a question on the equipment sales weakness. You cited three things. I think fewer large transactions, vendors substantially reducing terms, and a change in...
IKON Files Form 10-K for Fiscal Year 2007
MALVERN, Pa. -- IKON Office Solutions (NYSE:IKN), the world's largest independent channel for document management systems and services, today filed its Form 10-K with the Securities and Exchange Commission for the fiscal year ended September 30, 2007. The 10-K is available via IKON's Investor Relations homepage, which can be accessed...
Steel Partners II Supports IKON Office Solutions' Announced Plan to Repurchase $500 Million of Its Common Stock
NEW YORK -- Steel Partners II, L.P. ("Steel") announced today that it supports the recently approved initiative by IKON Office Solutions (NYSE:IKN) to repurchase $500 million of its common stock, including up to $295 million of its common stock through a modified "Dutch Auction" self-tender offer at a price of...
IKON Announces Plan to Repurchase $500 Million of Common Stock
MALVERN, Pa. -- IKON Office Solutions (NYSE:IKN), the world's largest independent channel for document management systems and services, today announced that its Board of Directors has approved the repurchase of $500 million of its common stock. IKON intends to repurchase up to $295 million of its common stock through a...
IKON Announces Promotion of Tracey Rothenberger to Senior Vice President and Chief Information Officer
MALVERN, Pa. -- IKON Office Solutions (NYSE:IKN), the world's largest independent channel for document management systems and services, today announced that Tracey Rothenberger has been promoted to Senior Vice President and Chief Information Officer reporting to Matthew J. Espe, IKON's Chairman and Chief Executive Officer. In this role, Rothenberger will...
IKON Office Solutions Announces Contract with E&I Cooperative Purchasing
MALVERN, Pa. -- IKON Office Solutions (NYSE:IKN), the world's largest independent channel for document management systems and services, today announced that it has entered into an agreement with E&I Cooperative Purchasing, the nation's largest buying cooperative for higher education, to provide document management solutions and services to its members -...
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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