Taylor to Become Executive Chairman, Effective April 1, 2016

Ramsey, NJ – February 18, 2016 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), an innovative technology company providing office automation products and solutions, today announced that the Board of Directors of Konica Minolta Inc. has appointed Rick Taylor as an Executive Officer of Konica Minolta Inc. and President and Chief Executive Officer of Konica Minolta Business Solutions U.S.A. Inc. effective April 1st, 2016.

Tom Taiko, Chairman and Chief Executive Officer of Konica Minolta Business Solutions USA Inc., continues his role as Executive Officer of Konica Minolta Inc. and will return to Japan to begin his new role as General Manager of the Worldwide Strategic Business Planning Headquarters of Business Technology, a new position within Konica Minolta Inc.

Taylor has been responsible for corporate strategy and operations for Konica Minolta’s U.S. operations, leading more than 8,000 employees. He currently oversees U.S. mergers and acquisitions, sales, service, marketing, administration, finance and legal. Taylor is a graduate of Kansas University and serves on Konica Minolta’s Global Strategy Council, focused on business transformation and growth strategies for Konica Minolta worldwide. Taylor has a vast amount of industry experience in creating new revenue avenues while maintaining a cohesive and productive sales strategy for business partners. He has been named “Executive of the Year” nine times in the annual survey of more than 300 independent office equipment dealers.

“This is the perfect time for Rick Taylor to become an executive officer of our parent company and Konica Minolta Business Solutions’ next Chief Executive Officer,” says Tom Taiko, Chairman and CEO, Konica Minolta Business Solutions, U.S.A., Inc. “His leadership has played a significant role in the growth of our company and I’m extremely confident we will move even faster and innovate like never before.”

About Konica Minolta Business Solutions U.S.A
Konica Minolta Business Solutions U.S.A., Inc. is one of the leaders in information management focused on enterprise content, technology optimization and cloud services. Our portfolio of offerings deliver solutions to improve our customers’ speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of IT strategy, support, project and cloud computing solutions across all verticals. Konica Minolta has won numerous awards and recognition, including placement in the Leaders Quadrant on the Gartner 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for eight consecutive years. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for four years in a row. For more information, please visit: www.kmbs.konicaminolta.us and follow Konica Minolta on Facebook, YouTube, and Twitter @konicaminoltaus