Turbon Struggling in the USA

A leading global manufacturer and distributor of compatible laser toner says the CEO of its U.S. subsidiary will leave in the new year.

According to tonernews.com, Turbon, the German-based imaging supplies manufacturer has informed the imaging community that Al DeLuca will leave in February, 2017. While DeLuca has not provided any specific reasons, it is clear Turbon is dissatisfied with the performance of its business in the U.S., including the continuation of a cost-saving and restructuring program.

Turbon has enlisted Highlands, a professional manufacturer representative group, in October. Timothy Clark will join Turbon as Sales and Marketing Director of its North American arm. and Simon McCouaig, a former board member between 2007-2014 will rejoin the board.

For the first nine months of 2016, Turbon’s sales fell to EU€71 million (US$75 million) compared to EU€80 million (US$85.2 million) in the same period last year.

Source: http://tonernews.com/forums/topic/

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