I think that you will find that Harman's execs/directors had all been with the old Ilford company, and were well experienced in their respective fields.
This would appear to be the case, given the eventually successful outcome. And the fact that my darkroom is now full of Ilford-branded products.
I always had the feeling with Kodak that a decision was taken to transition to digital technologies. So they started building a bridge from the analog to the digital side of the river. Then, for each two planks Perez had them tear up behind them, he had them lay down one plank in front of them...
It does indeed boil down to executive leadership.
"They are the proof that something was there and no longer is. Like a stain. And the stillness of them is boggling. You can turn away but when you come back they’ll still be there looking at you."
— Diane Arbus, March 15, 1971, in response to a request for a brief statement about photographs
That is an interesting link to the BJP, but I wonder if the statement at the beginning of paragraph six, "Kodak also expects the deal will enable Kodak's film business to strive." is a real howler or if it is what the author really means.
Strive is an apt word as it means to compete You might be misinterpreting its meaning.
The most important part is the new company will have backing from those that support it rather than a CEO and board who just milked it and squandered the profits.
I also want to extend a *big* thank you for Kodak continuing in these transitional times to be a sponsor of John Sexton Photography Workshops. I got to participate in "The Expressive Print" workshop that concluded just over a week ago. John's dedication, talent and enthusiasm proved to be one of the best experiences in my 23 year career as a photographer as I watched him print masterfully seen, shot and developed Tmax films onto silver gelatin papers.
I'd like to second that. I had the pleasure of attending John's other workshop, the "Fine Tuning" one, three weeks ago, and I would also like to thank Kodak for sponsoring it. I have mailed a thank you letter to Rochester, but PKM-25's idea of sharing this with you, Coleen, and with others, is a fine one. Thanks for sharing the Kodak news here.