Longtime President of Kinko’s Resigns
Dan Frederickson, who led Ventura-based Kinko Inc.’s transition from college-campus copy shop chain to global retailer, on Monday announced he has resigned from the company after more than a decade at its helm.
Frederickson, 50, was president of Kinko’s for a decade and became one of four division presidents earlier this year after a restructuring. The Ventura resident will seek another “leadership position” elsewhere, company spokeswoman Laura McCormick said.
“Dan feels his work has been accomplished at Kinko’s,” she said. “He grew the business from over 180 stores to over 800 in 10 years.”
Frederickson was unavailable for comment.
Frederickson was most recently president of Kinko’s central division, a position he took in February, in conjunction with the rolling up of Kinko’s into one corporate entity from its decentralized structure of 127 affiliated partnerships.
The reorganization occurred after the New York-based investment firm of Clayton, Dubilier & Rice acquired a minority stake in Kinko’s for about $200 million.
Clayton Dubilier appointed Don Gogel as interim chief executive in February, replacing Frederickson as the company’s top executive. Joe Hardin became CEO in May.
Before Kinko’s unification, Frederickson, a Missouri native, was also the owner-operator of 12 Kinko’s branch offices in the St. Louis metropolitan area. He was also president of Kinko’s Graphics Corp., which had operated about 100 branch offices in 16 states. Before joining Kinko’s in 1986, Frederickson spent 14 years at Xerox Corp.
Frederickson embodied the company’s philosophy, said founder and Chairman Paul Orfalea.
“Dan positioned Kinko’s for its worldwide expansion and transformation into the world’s leading business services supplier,” he said. “His leadership, vision and people skills also made Kinko’s a great place to work.”
Kinko’s was founded in 1970 when Orfalea began selling school supplies to students at UC Santa Barbara from a hamburger stand.
Today, the privately held company employs more than 23,000 people and has more than 860 locations. Clayton Dubilier has said it has plans to take Kinko’s public.
