Eastman Kodak Company announced that Kyle Prechtl Legg, former Chief Executive Officer of Legg Mason Capital Management, was elected to the company’s board of directors, effective immediately. In addition, she will serve on the corporate responsibility and governance committee, as well as the executive compensation committee.

Legg, whose election brings the Kodak board membership to 15, has more than 30 years of professional experience in the investment industry. She joined Legg Mason Capital Management in 1991, was named president of the firm in 1997, and CEO in March 2006. At LMCM, she built a leading global equity investment management business serving high-end institutional clients, including some of the world’s largest sovereign wealth funds, domestic and foreign company pension plans, corporate funds, endowments, and foundations. Prior to joining Legg Mason, she was a securities analyst with Alex, Brown & Sons.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...