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October 30, 2009

Anacomp Executive Purge?

We are tracking down strong rumors that there has been a major purge of executives at Anacomp by its board of directors. Once we get confirmations and details we'll post more 411.

411: We tracked the rumor down. In fact, Howard Dratler, Anacomp CEO, got right back to us to set the record straight. There were never any plans to unseat him as CEO. But Dratler did hire Scott Winkler to be the general manager of Anacomp's CLX business. According to Dratler, "Winkler's initial focus will be on better alignment of our Development, Product Management and Marketing organizations with the goal  of building on/accelerating the strong progress we have made over the past several years and taking our eDiscovery and Litigation Support business to the next level."

But, there's more. Anacomp consolidated its corporate marketing function into the CLX product management/product marketing group. With that move, Anacomp hopes to get better coordination to expand their communications to the market. Dratler claims that "Beyond the few executives that were laid off yesterday [6], we did not make any other layoffs in the business development or product development organizations."

Finally, Dratler disowned the rumor that the Anacomp board was in the process of selling its business. In fact, says Dratler, "All of the changes we made yesterday reflect a commitment of our board to make changes that will allow us to expand our business further and take it to the next level."

So balance your checkbook for another reason and have a great Halloween.

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