Exhibit 99
P.O. Box 834
Valley Forge, PA 19482-0834
70 Valley Stream Parkway
Malvern, PA 19355
News Release
---------------------------------------------------------------------------
Contacts:
Susan G. Gaffney Veronica L. Rosa Wendy Pinckney
Investor Relations Investor Relations Media Relations
610-408-7292 610-408-7196 610-408-7297
sgaffney@ikon.com vrosa@ikon.com wpinckney@ikon.com
- ----------------- ------------------ ------------------
IKON OFFICE SOLUTIONS APPOINTS NEW BOARD MEMBER
Kurt M. Landgraf Elected to Board of Directors
Valley Forge, Pennsylvania - January 13, 2000 - IKON Office Solutions (NYSE:
IKN) today announced that Kurt Landgraf has been elected a member of the
Company's Board of Directors. This appointment fills the vacancy created by the
resignation of board member Thomas Gerrity, who resigned in December due to
other commitments.
"We are pleased to elect Kurt Landgraf to our Board of Directors," said James J.
Forese, President and Chief Executive Officer of IKON Office Solutions. "Mr.
Landgraf's many years of business experience and respected leadership will be a
significant contribution to the board."
Kurt M. Landgraf, 53, is currently Executive Vice President and Chief Operating
Officer for E.I. DuPont de Nemours & Company and Chairman of DuPont Europe and
the DuPont Pharmaceutical Company. Landgraf is also Chairman of the DuPont
Pharmaceutical Advisory Board, and is responsible for leading and implementing
DuPont's pharmaceutical strategy.
Since 1980, Landgraf has held numerous high level executive positions at DuPont
including Executive Vice President for DuPont U.S. and President and Chief
Executive Officer of the DuPont Merck Pharmaceutical Company, as well as several
director positions within DuPont international and domestic business and
marketing divisions. Prior to joining DuPont, Landgraf was Manager of Marketing
Analysis and Planning for The Upjohn Company's Worldwide Business Development
Division.
In addition to his current role at DuPont, Landgraf is currently the Board
Chairman of Christiana Care Health Services, Inc. and Director of the University
of Delaware Research Foundation and the Delaware Biotechnology Institute. He
also serves on numerous pharmaceutical industry, research and business boards as
well as many Delaware-based community and education boards.
Landgraf received his bachelor's degree in economics/business administration
from Wagner College. He has also earned three master's degrees: in economics
from Pennsylvania State University, in administration from Rutgers University,
and in sociology from Western Michigan University. He graduated from the Harvard
Business School Advanced Management Program in 1992 and holds two honorary
doctoral degrees.
IKON Office Solutions (www.ikon.com) is one of the world's leading providers of
products and services that help businesses communicate. IKON provides customers
with total business solutions for every office, production and outsourcing need,
including copiers and printers, color solutions, distributed printing,
facilities management, imaging and legal outsourcing solutions, as well as
network design and consulting, application development and technology training.
With fiscal 1999 revenues of $5.5 billion, IKON has nearly 1,000 locations
worldwide including the United States, Canada, Mexico, the United Kingdom,
France, Germany, Ireland, and Denmark.
###