15 October 2004 – Northbrook (IL): Dave Hewitt has resigned as president of GBC’s office products unit "to pursue other business opportunities".
Under a new structure at the company, chairman and president/CEO Dennis Martin will assume Hewitt’s former responsibilities as head of the commercial and consumer group, while marketing, product development and sourcing functions supporting the global OP businesses have been combined.
GBC Europe president Thomas Stenebring, will additionally serve as SVP of worldwide office products marketing, product development and sourcing, and will report directly to Martin.
Explaining the changes, Martin said: "By aligning the product development, sourcing and marketing functions under Thomas, we will accelerate the process of getting new products to our target markets through our sales organisations, and do so as cost-effectively as possible.
"This realignment is the next logical step in our drive to simplify our business and centre our operations on the needs of our customers and consumers"