Danka names new CEO


15 March 2006 – St Petersburg (FL): Danka Business Systems has announced the appointment of A D Frazier as its chairman and CEO, effective today.
Frazier has been president and COO of Caremark Rx, a Fortune 500 pharmacy benefit management company, chairman and CEO of the Chicago Stock Exchange and COO of the Atlanta Committee for the 1996 Olympic Games.
Danka’s outgoing CEO, Todd Mavis, will be leaving the company after a transition period and will also resign his directorship with the company to pursue other interests. Danka’s chairman of the board, Andrew McKenna, has relinquished the chairmanship of the company to Frazier and will remain on the company’s board of directors.