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Burton Leaves Moore Corp.

January 2003
MISSISSAUGA, ON—Robert G. Burton has stepped down as Moore Corp. chairman, president and CEO. When Burton joined the company in 2000, Moore was in financial disarray. He is widely credited with rejuvenating the ailing company. Burton will remain a senior advisor to the company.

Meanwhile, Mark Angelson has been tapped to be the new CEO. Previously, he served as the company's non-executive chairman and lead independent director. Angelson was deputy chairman of Big Flower Press Holdings, now known as Vertis.

Alfred Eckert III has been named to the position of chairman of the board. Eckert, chairman and CEO of GSC Partners, has been a director of the company since 2000. GSC Partners manages investment funds that collectively comprise the largest shareholding in Moore. The company has also named two current executives to new posts. Thomas Oliva, currently president of the Forms and Labels and the Outsourcing divisions, will become the president and COO. Additionally, Thomas Quinlan III will become the executive vice president-office of the chief executive. Quinlan has been an executive vice president of the company since 2000.

"I am proud of all that we have accomplished," remarked Burton in a company statement. "I am pleased to make this announcement after achieving what we initially set out to do.

"My objectives in the fall of 2000 have been realized both in terms of the remarkable turnaround of this business and the grooming of the next generation of management. We have built a strong and talented team at Moore, the finest operating executives in the printing business. Moore has had a tremendous history and is well-positioned for an even more successful future."
 

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