I am probably the only one here who has met and talked to Perez one on one. He is a charming, convincing person! That said, I believe that his policies regarding color printers or nothing, and film is dead were not suitable for Kodak.
OTOH, the global depression at the time he was doing this all didn't help things. OTOH, he missed seeing that there was no market trend for home printers and he missed the chance to have an internet picturing site like Facebook. So, this combination of policies led to the present Kodak problem.
You might consider the fact that the billions going in to Kodak has all come in the form of contracts with Sony for Motion Picture products.