Valassis’ Alan F. Schultz to Retire, Rob Mason Named CEO Successor
In 2007, Schultz led the company through a $1.2 billion acquisition and integration of ADVO Inc., the nation’s then-leading direct mail media company. The successful integration and significant improvements to this business have contributed greatly to the company’s strong financial performance.
“It has been my privilege to serve the more than 7,000 Valassis associates for over 27 years,” said Schultz. “Together, we have created a culture that values innovation, risk-taking and provides more value to consumers than anyone in the world. I could not be more proud of the accomplishments of our team, and I am pleased that Rob will now have the opportunity to lead the company as our next CEO.”
Schultz’s career with Valassis began in 1984, and he held a variety of leadership positions before being named CEO and President in 1998. Under his leadership, the company has nearly quadrupled revenues, significantly diversified its customer base and product portfolio and evolved into a global marketing services powerhouse with revenues in excess of $2.3 billion. Today, it offers blended media solutions to over 15,000 advertisers in a wide-variety of industries.
Valassis is one of the nation’s leading media and marketing services companies, offering unparalleled reach and scale to more than 15,000 advertisers. Its RedPlum® media portfolio delivers value on a weekly basis to over 100 million shoppers across a multi-media platform—in-home, in-store and in-motion. Through its digital offering, including redplum.com and save.com, consumers can find compelling national and local deals online. Headquartered in Livonia, Michigan with approximately 7,000 associates in 28 states and eight countries, Valassis is widely recognized for its associate and corporate citizenship programs, including its America’s Looking for Its Missing Children® program. Valassis companies include Valassis Direct Mail, Inc., Valassis Canada, Promotion Watch, Valassis Relationship Marketing Systems, LLC and NCH Marketing Services, Inc.