RICHMOND, VA—February 5, 2007—Cadmus Communications Corporation (NASDAQ/GM: CDMS) announced today that it has entered into an agreement to acquire LexisNexis’ conventional printing operations in Charlottesville, Virginia and its digital printing operations in Conklin, New York, and simultaneously has entered into a five-year agreement with LexisNexis to produce substantially all of LexisNexis’ printing requirements. LexisNexis, a division of Reed Elsevier, is a leading provider of information and services solutions to the legal, news and business information markets and a long-term customer of Cadmus. According to Bruce Thomas, chief executive officer of Cadmus Communications, “This transaction represents an exciting expansion of our publisher services business
Bruce Thomas
If you have ever wanted to take a peek into the pockets of some of the top executives in the printing industry, here is your chance. Printing Impressions' 16th annual executive compensation report highlights the industry's top money earners at publicly held printing companies. Mark Angelson, CEO of Chicago-based RR Donnelley, again ranks first in annual salary for this list, earning more than $4 million. This is the third consecutive year that a RR Donnelley exec has topped our list. The rankings indicate previous fiscal year salaries, most recent fiscal year wages and the percentage change in compensation from the two fiscal years that
These recently named company presidents are rolling up their sleeves to catapult their companies to new heights. BY SCOTT POLK Bruce ThomasPresident and CEOCadmus Communications, Richmond, VAWhen Bruce Thomas was 18 years old, his father thought a factory job would be a positive experience for his son. So Thomas, who had recently graduated from high school, went to work for a stamping factory in Cleveland. About the same time, there was a sanitation worker strike in Cleveland and the uncollected garbage was beginning to pile up in bins at the stamping factory. Finally, the company arranged for dump trucks to come and ship
