Technicolor realigns itself

Technicolor said Monday it completed a decentralization plan it began last year.

The company eliminated its corporate office and named an advisory board: Larry Raimondo, president of Technicolor Video Services; Ron Jarvis, president of Technicolor Film Services; and Dave Elliott, president of Technicolor Entertainment Services.

According to Elliott, the plan was put in motion to “shorten lines of communication and put more focus on the individual business units.”

Technicolor is a wholly owned subsid of Carlton Communications. It processes theatrical film and provides video services and feature-film print distribution services.

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