Angelson Takes Helm at Worldcolor

The company also revealed that incumbent CEO Jacques Mallette will leave the company to pursue outside business interests. This move comes on the heels of the announcement that CFO Jeremy Roberts would be stepping down early this month.

Angelson was named non-executive chairman back in June but, like a top-flight coach who is hired in a consultant role, it seemed only a matter of time before Worldcolor would tap Angelson's managerial expertise. Boasting one of the leading M&A portfolios in the history of the printing industry, he is credited for much of the growth that RR Donnelley has enjoyed during this decade. Perhaps his crowning success on the transactional front was his shocking Halloween 2006 acquisition of Banta Corp. during a takeover attempt by Cenveo Inc.