Eastman Kodak Co.

The Eastman Kodak Company, the corporation made famous as a film giant, announced that it has emerged from Chapter 11 and restructured its business model 20 months after filing for bankruptcy protection.

Antonio M. Perez, who oversaw Eastman Kodak Co. during one of the most trying periods in company history, will be stepping down from the position by fall 2014 at the outside.

The Rochester-based printing and imaging company said that Perez will serve as CEO of the company once it exits from bankruptcy, but only until a successor is named or for a year, whichever comes first. He then would serve as a consultant for up to two years.

Eastman Kodak Company has reached agreements with leading financial institutions J.P. Morgan, Bank of America Merrill Lynch, and Barclays to arrange new post-emergence credit facilities of up to $895 million.

Rochester, New York-based Kodak has entered into an agreement with Nimble Storage, the leading provider of flash-optimized hybrid storage solutions. The agreement, effective May 2013, will allow Kodak to refer Nimble Storage products and services to Kodak customers who are moving their systems to a virtualized server environment.

Rochester, New York-based Eastman Kodak Company reported $283 million in consolidated net earnings in the first quarter of 2013, compared to a $366 million loss in the prior-year quarter.

Rochester, New York-based Eastman Kodak announced a comprehensive settlement agreement with the U.K. Kodak Pension Plan (KPP), its largest creditor, with respect to its Chapter 11 Plan of Reorganization.

Rochester, New York-based Eastman Kodak Company has reached an agreement with Brother Industries, Ltd., for the proposed sale of certain assets of its Document Imaging business for a cash purchase price of approximately $210 million, subject to certain price adjustments at closing.

Rochester, New York-based Kodak closed its previously announced $848 million financing with members of the Steering Committee of the Second Lien Noteholders and other holders of Kodak’s Senior Secured Notes.

Rochester, New York-based Kodak has reached an agreement with the Steering Committee of the Second Lien Noteholders to amend the terms for the previously announced interim and exit financing package.

A growing number of companies in the commercial printing world are dialing down their use of trade shows as part of their marketing efforts.

“We’re in a world of information,” said Jon Levine, Xerox vice president of global experiential marketing. “The customer has all the control right now. What were trying to do is build advocates for our brand. The idea is, we have to reach our customers in different ways. The efficient way to do that might not be trade shows.”