Charles Cavell

Quebecor World, the Montreal-based magazine, book, catalog, direct mail, directory, magazine and retail insert printer. has experienced a roller coaster of fortunes in 2008—bankruptcy, a new leader, new accounts, lost accounts, done deals gone sour, financing misfires and triumphs, shuttered facilities, lost jobs, and now...a new hope.

BY chris Bauer Managing Editor The year 2003 can be summed up as a period that had its ups and downs as far as the commercial printing industry is concerned. For every plant closing, there seemed to be a plant expansion project. For every poor financial report, there was a major capital equipment expenditure. Some big names left the industry, making way for a new generation of leaders. And the industry's biggest annual trade show left attendees and exhibitors with a feeling of hope. Let's take a look back. The beginning of the year brought with it changes to the top spots at several

The best thing about 2002 is that it's over. A stagnant economy, massive worker layoffs, corporate accounting scandals, fear over chemical and biological warfare—enough to make a newborn want to crawl back into the womb. No one's rushing to pop the bubbly; the toast is "Here's to a better 2003," not "Happy days are here again." And, like the world around us, the printing industry is suffering through depressed sales and earnings, plant closings and staff reductions, cutbacks in capital expenditure plans, as well as personnel changes in the board rooms at North America's largest companies. As 2002 drew to a close,

The best thing about 2002 is that it's over. A stagnant economy, massive worker layoffs, corporate accounting scandals, fear over chemical and biological warfare—enough to make a newborn want to crawl back into the womb. No one's rushing to pop the bubbly; the toast is "Here's to a better 2003," not "Happy days are here again." And, like the world around us, the printing industry is suffering through depressed sales and earnings, plant closings and staff reductions, cutbacks in capital expenditure plans, as well as personnel changes in the board rooms at North America's largest companies. As 2002 drew to a close, executive

MONTREAL—There has been a management shakeup at Quebecor World, North America's largest printer. Quebecor World CEO and President Charles Cavell has announced that he plans to retire by April of 2003. In addition, Christian Paupe, CFO, executive vice president and chief administrative officer, has informed the company's board of directors that he is quitting in order to explore other opportunities. The decision of these top executives to leave Quebecor World follows the recent changes made by the company to its operating structure in 2002. On September 25, Quebecor World announced the implementation of a new operating structure and senior leadership appointments. John Paloian and David Boles were

These are the executives that have chipped their way to the top financial level. This feature, Printing Impressions' 12th annual executive compensation report, highlights the industry's top money earners at publicly held printing companies. W. Ed Tyler, former president and CEO of Moore Corp., appears at the top of this year's ranking with total compensation of $27,291,216. This total is bolstered by $26.5 million in "other compensation" paid out after Tyler left the company late last year. The rankings indicate previous fiscal year salaries, most recent fiscal year wages and the percentage change in compensation from the two fiscal years that are shown. While

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