BNET Industries
Last Fiscal Year Sales:$753.0M
- Private
- US
Dow Jones Description
Polaroid, the company that pioneered instant photography, has become a leading consumer electronics brand. Building on its 70-year heritage of visual innovation, Polaroid is a leading U.S. seller of mass-market digital cameras and personal DVD players, and ranks among the top five makers of LCD televisions. Through its new line of digital imaging products, Polaroid helps consumers capture, share, and enjoy their memories in new ways. Polaroid is a company of Petters Group Worldwide.
Vice President, International & Eyewear
Gianfranco PalmaNumber of Employees 3,400
Contact Information
300 Baker Avenue
Concord, Massachusetts 01742-2131
(781) 386-2000
Peer Companies
NAICS Code Photographic and Photocopying Equipment Manufacturing: 333315
Recent Events
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Tom Petters' Trail Begins: History's Second Largest Hedge Fund Ponzi Scheme
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PolaroidR and The Breast Cancer Research FoundationR Print Pink Polaroid Supports The Breast Cancer Research...
News & Analysis
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layoff and polaroid - All News and Analysis
Polaroid Bankruptcy, Layoffs Hit Boston-Area Immigrant Couple Hard.
By Diane E. Lewis, The Boston Globe Knight Ridder/Tribune Business News By Diane E. Lewis, The Boston Globe Knight Ridder/Tribune Business News
A Grim Job Snapshot
It's every carpenter's favorite aphorism: measure twice, cut once. In the corporate world, that advice applies to workers, not wood. Better to execute layoffs quickly and decisively, experts say, and let the workers who remain get back to business. The alternative--the drip-drip-drip of repeated downsizings--is a Chinese water torture that...
Polaroid - layoffs as a part of restructuring plan - Brief Article
Polaroid has begun a global restructuring plan to reduce overhead, realign resources and accelerate implementation of its digital strategy. Its workforce has been reduced by approximately 11%, or 950 employees. The program is expected to be complete in about 12 months, saving approximately $60 million on an annual basis.
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gianfranco Palma | Vice President, International & Eyewear |
| Cynthia Johnson-Bianchetta | Consultant |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles F. Auster | Board of Directors |
| James W. Koven | Board of Directors |
| Joseph E. Antonini | Board of Directors |
| Joseph G. Michels | Board of Directors |
| Lee M. Gardner | Board of Directors |
| Paolo Cantarella | Board of Directors |
| Ralph E Gomory | Board of Directors |
| Rick Lazio | Board of Directors |
| Stanley P. Roth | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Vice President, International & Eyewear | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Consultant | Current |
| Lauryn Taylor Fine Art | Curator | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Cubic Wafer, Inc | Director of the Company | Current |
| Sportsscope.Org | Current | |
| Lingraphicare, Inc. | Director and Chairman of the Board | Current |
| Lexmark International Middle East Fz LLC | Chairperson | Current |
| Lexmark International, Inc. | Chairperson | Current |
| American Philosophical Society | Board of Directors | Current |
| Polaroid Corporation | Board of Directors | Current |
| Lexmark International, Inc. | Board of Directors | Current |
| The Washington Post Company | Board of Directors | Current |
| International Business Machines Corporation | Senior Vice President for Science and Technology | Former |
| Princeton University | trustee | Former |
| Hampshire College | Board of Directors | Former |
| Princeton University | Ph.D. In Mathematics | Former |
| Williams College | B.A. | Former |
Rick Lazio is Executive Vice President of Global Government Affairs and Public Policy of JP Morgan Chase. Mr. Lazio is a member of the Executive Committee. After representing New York's 2nd district in Congress for eight years, Lazio served as the President and Chief Executive Officer of the Financial Services Forum for the past three years. The Forum was formed in early 2000 by the chief executive officers from twenty of the largest and most diversified financial services institutions in the United States. The Forum's purpose is to promote an open and competitive financial services marketplace, with the aims of ensuring the availability of quality financial products and services, and the stability of the U.S. and global financial systems. Lazio served as an Assistant District Attorney in Suffolk County for five years before being elected to the Suffolk County (New York) Legislature in 1989. He ran for Congress in 1992, defeating an 18-year incumbent. He became Deputy Majority Whip in 1995 and was later named Assistant Majority Leader. As a moderate and a member of the House leadership, Lazio was able to bring people of different ideologies together on a wide variety of issues including financial services, the environment, criminal justice and health care. Mr. Lazio successfully worked to protect valuable federal housing programs for the poor, disabled and elderly during his tenure. Over the last four years of his term in Congress, Mr. Lazio was the only member to serve on both the Commerce and Banking committees, and in that capacity was instrumental in passing the Gramm-Leach-Bliley Financial Services Modernization Act of 1999. As chairman of the House Banking Committee's Subcommittee on Housing, Mr. Lazio authored and negotiated legislation enacting the most sweeping reform of America's public housing in more than 60 years and expanding homeownership for low-income Americans. Mr. Lazio serves a corporate board as Chairman of the Audit Committee for TB Woods Corporation. He also serves on the Boards of World Rehabilitation Fund and Audubon New York. He also is a member of the Advisory Committee of The Ad Council. A graduate of Vassar College and American University Law School, Mr. Lazio, 47, lives with his wife Patricia and his daughters, Molly and Kelsey, in Brightwaters, New York.
| Organization | Position | Status |
|---|---|---|
| JPMorgan Chase & Co. | Executive Vice President, Global Government Relations & Public Policy | Current |
| TB Wood's Corporation | Board of Directors | Current |
| Polaroid Corporation | Board of Directors | Current |
| JPMorgan Chase & Co. | Member, Operating Committee Government Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Polaroid Corporation | Board of Directors | Current |
Executive News
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Lazio moves toward governor's race
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