Business Briefs: Mitchell to hold Life Care job

Business Briefs: Mitchell to hold Life Care job

February 10th, 2012 by Staff and Wire Reports in Business Around the Region

Mitchell to hold Life Care job

Christopher Mitchell, formerly chief operating officer of Life Care Centers of America, has been named president and CEO of Life Care Home Health Inc.

Mitchell will oversee 25 home health, hospice and private-duty entities in Tennessee and nine other states.

"Chris brings a solid background of operational excellence to home health and hospice services, driven by compassion for those needing these services," said Forrest Preston, chairman of Life Care Home Health.

Kodak exiting camera business

ROCHESTER, N.Y. - Picture it: Save for a few disposable point-and-shoots, Kodak is exiting the camera business.

Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames in a move that marks the end of an era for the beleaguered 132-year-old company.

The company sought bankruptcy protection from creditors in January in a case that covers $6.7 billion in debt. It has a year to devise a restructuring plan. Citigroup Inc. was approved to lend the company $650 million to continue operating.

Kodak created the world's first digital camera in 1975.