Karl Peladeau

MONTREAL—Pierre Karl Peladeau, who helped spearhead the acquisition of World Color, has been named president and CEO of Quebecor World. He replaces Jean Neveu, who served the dual roles in an interim basis since March 2003. Peladeau has served a number of roles with the company, including COO of Quebecor Printing. In other company news, TRC Capital offered to purchase up to three million Quebecor World subordinate voting shares, representing about 3.5 percent of all outstanding subordinate shares, at a price of C$25.25 each. In response, Quebecor World recommended that shareholders reject the offer, which was 3.8 percent lower than its closing price on February 25,

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