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Checkpoint's global product lines to be managed from Madrid
30
May '08
Checkpoint Systems Inc, a leading manufacturer and marketer of identification, tracking, security and merchandising solutions for the retail industry and its supply chain, announced that it will centralize the operational leadership of its global product lines.

Beginning in the third quarter of 2008, management of Checkpoint's global product lines within its Shrink Management Systems and Intelligent Labels businesses will be led from its existing geographic headquarters in Madrid, Spain.

Per Levin, Checkpoint's Worldwide President, Shrink Management and Merchandising Solutions will return to Spain and continue to lead the Company's shrink management and merchandising solutions business. A search for a worldwide president of labels solutions, based in Madrid, Spain, is planned in order to replace John Davies, who previously held the position and has decided to pursue other career opportunities in the United States.

Checkpoint's operations in Madrid, Spain are already at the geographic center of its European operations and are the base for some of the Company's key global functions, including customer management, human resources, business analysis support and leadership of product solutions within Checkpoint's Retail Merchandising business. Checkpoint's corporate headquarters will remain in Thorofare, NJ.

"Checkpoint is a growing global organization, with more than half of its revenue generated from customers in Europe and Asia," said Rob van der Merwe, President and Chief Executive Officer of Checkpoint.

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