William L. Davis - Donnelley's Number-one Son

"I'm not at all opposed to acquisitions," he says, "because I feel very strongly that there is a lot of life left in printing and ink on paper."

And a lot of life left in R.R. Donnelley. Now that Davis has settled into his new role, he's prepared to awaken the sleeping printing giant. The apprehensive job candidate has become the confident, aggressive executive—a chairman and CEO with no regrets.

"I'm delighted with my decision," Davis claims. "I'm excited about the prospects of Donnelley. This is a great company with wonderful people and great competencies. And it has a lot of untapped potential to do better to serve our customers and our stakeholders."

—Jerry Janda