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Name and title: Frederic C. (Ric) Liskow, senior vice president, general counsel and secretary Age: 43 Copy King Kinko’s: Copy shop chain Kinko’s Inc. of Dallas morphed from a 100-square-foot photocopy store to its present position as the dominant player in the copying, related business services and digital-document industries. Kinko’s’ kingdom includes photocopying, scanning, Internet services and digital-document transmission. It also offers large-sign printing, banner creation and personalized photo calendars and greeting cards. The privately held company, with 20,000 employees in 1,200 digitally connected locations in 10 countries, boasted $2 billion in revenues in 2002. Kinko’s immortalizes the nickname of curly-haired founder Paul Orfalea, and the red dot on the “i” of its logo is an homage to his red hair. Fedex purchase: On Dec. 29, 2003, shipping giant FedEx Corp. signed an agreement to purchase Kinko’s for $2.4 billion in cash, the culmination of a 15-year synergistic relationship between the two. FedEx already has drop boxes at all Kinko’s sites and has placed full-service shipping centers in several others. Kinko’s CEO Gary Kusin quipped, “We’ve been on lots of dates before the marriage.” FedEx expects that the combined company will leapfrog past its competitor United Parcel Service in the package-delivery business, and Kinko’s hopes to expand its international presence and double the amount of its stores by aligning with FedEx. The transaction is expected to close by the end of March, pending regulatory approval. Liskow and his staff are heavily involved in the particulars of the process-making foreign filings, notifying stockholders and, as a matter of course, working on the main domestic filing in order to satisfy Hart-Scott-Rodino antitrust requirements. Kinko’s’ legal team also participated in the negotiation of due diligence as part of the deal. After the anticipated closing, Liskow expects to be kept busy with integration of the two companies and he took pains to point out that “there are no current or announced plans to change either Kinko’s’ name or location.” Legal team: Liskow, who reports to Chief Administrative Officer Dan Connors, leads a 16-member legal services team, whose responsibilities encompass the complete range of corporate activities. Their duties are “carved up by substantive specialties,” among them employment and litigation, intellectual property and technology, and real estate. Responsibilities overlap, although the GC alone handles corporate governance and international and corporate finance matters. Liskow estimates that 50% of the legal load is assigned to outside counsel, with New York’s Debevoise & Plimpton and Houston’s Baker Botts (corporate), Dallas’ Thompson & Knight (real estate) and Dallas’ Haynes and Boone (trademark) heading the list. Firms are also called upon on a regional basis, as appropriate. Liskow is versed in applicable foreign laws, but relies upon foreign counsel when necessary. Kinko’s and Sarbanes-Oxley: Liskow and his colleagues keep current on Sarbanes-Oxley developments for corporate and financial transparency. He described Kinko’s as a preinitial public offering company already engaging in many activities to become Sarbanes-Oxley compliant. Currently in place are directors from outside Kinko’s, as well as audit and compensation committees, and Kinko’s provides financial data to its stockholders. (The pre-FedEx company has a stockholder base of 200 minority shareholders in addition to 75% ownership by private equity buyout specialists Clayton, Dubiler & Rice.) Litigation Etc.: Kinko’s’ GC asserts that, considering the large size of his company and its numerous stores, many of which are open 24/7, the copy chain faces only a “fair amount” of litigation. Most instances fall under the categories of employee wage-and-hour disputes and Equal Employment Opportunity Commission claims. He also attributes the dearth of lawsuits to the fact that he operates in a relatively unregulated business. One matter pending, however, is a $950 million damages suit filed against Kinko’s by New York-based trophy company LLC, the parent company of Inspire Someone. As filed in New York County Supreme Court, Inspire accuses the copy chain of breaching an agreement for it to operate trophy stores within various Kinko’s sites. Kinko’s has countersued, alleging that Inspire failed to make timely lease payments and that it unreasonably demanded “premium retail space” in the pertinent locations. Liskow said that Kinko’s has a “fair share” of copyright issues and maintains that the firm has “actually made copyright law in the past, with people bringing their documents to us and having us recreate them.” He describes “a kind of cottage industry” within the legal department to advise Kinko’s personnel on copyright laws. Green power: The Environmental Protection Agency and the U.S. Department of Energy have recognized Kinko’s for its leadership efforts in renewable energy purchases. Liskow works with Kinko’s’ environmental group by counseling them on buying “green power”-environmentally friendly energy sources that help reduce harmful emissions. The firm, with the legal team’s help, has produced an Environmental Vision Statement to identify environmental performance targets. Liskow also works with Kinko’s’ training department in choosing and developing online training modules for its employees, especially in the legal area. Route to the top: Liskow, a native of Lake Charles, La., graduated from Rice University in 1982 and later obtained a juris doctor degree from Southern Methodist University School of Law. Launching his legal career at Dallas’ Jenkens & Gilchrist, he spent eight years focusing on corporate and banking work. He then moved in-house to Citigroup Inc./Associates First Capital Group, most recently serving as senior vice president and general counsel of its American Health & Life Insurance Group. In March 2002, “looking for something more exciting and build-oriented,” Liskow joined Kinko’s Inc. as GC when it relocated to Dallas from Ventura, Calif. Personal: Liskow and his wife, Beth, have five children: Caitlin, 19; Ashlyn, 16; Mattie, 14; Hallie, 10; and Annie, 8. His hobbies include blues guitar and golf. Last book and movie: Skipping Christmas, by John Grisham, and Calendar Girls.

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