BALTIMORE—Mike DuBose's two-year stint as CEO of Vertis Communications will come to an end when he resigns on January 1. The company has named Stephen Dyott as vice chairman and Alex Sorokin the interim president, effective immediately. DuBose presided over the acquisition of American Color Graphics (ACG), as well as Vertis' reorganizational bankruptcy.
Vertis Communications (“Vertis”), a premier provider of targeted advertising and direct marketing solutions, announced today that chief executive officer Mike DuBose is resigning from his position with the company effective Jan.1, 2009. The board of directors has named Stephen M. Dyott vice chairman and Alex Sorokin interim president of the company. Both appointments are effective immediately.
Printing Impressions' Upfront Commercial Printing News for December, 2008.
IF THIS magazine chose to hand out an award for the biggest newsmaker of the year, the 2008 honor would go to Quebecor World (QW), hands down. One might contend that the attention, while merited, is not the type of exposure a company would want: Financing issues, trying to sell an unprofitable venture and muddling through with bankruptcy in two countries. But Quebecor World is a printer for our economic times, the No. 2 in North America at a time when market leaders (Circuit City, AIG, Lehman Bros.) have come crashing down.
NOW IN its 25th year, the Printing Impressions 400 provides the industry’s most comprehensive ranking of the leading printing companies in the United States and Canada. The listings include company name and headquarters location; parent company, if applicable; current and previous year’s rankings; most recent and previous year’s fiscal sales; percentage change; primary specialties; principal officer(s); as well as number of employees, manufacturing plants and total press units.
Printing Impressions' Sustainable Printing News for October 2008
EVER SAT down to watch a NASCAR event? Many people can’t bear the thought of watching cars going around and around in a circle, as the criticism goes, and often the weekly race is about as exciting as watching freeway traffic. But for those who enjoy the pit strategy—such as the nuances of how to garner the slightest increase in horsepower—and feed off the melodrama that ensues when drivers invariably aggravate their fellow competitors by cutting them off, it’s a nice way to burn four hours on a Sunday afternoon. Even if you don’t care to watch auto racing and scoff at the idea
New Plant Draws Large Crowd ALEXANDRIA, VA— DigiLink welcomed about 325 guests to an open house in celebration of its new, 39,000-square-foot facility. The new building allowed DigiLink to consolidate its printing and bindery operations under one roof. According to Michael Wight, president and CEO of DigiLink, the facility has enabled the printer to enjoy 15 percent growth since it moved there in early March. Wight says the company is in the process of selecting a new six-color press. RIS, Parsons, Mohawk, IKON, EFI, Pitman, Komori and KBA were among the vendors on hand. RPI, Tukwila, WA, announced three new appointments. Russell
Winners Take Podium at Georgia SkillsUSA Competition ATLANTA—The Printing and Imaging Association of Georgia (PIAG) announced the winners of the Georgia SkillsUSA graphic communications competition, sponsored by Heidelberg and held at its Print Media Demonstration Center in Kennesaw, GA. Through a grant from the PIAG Educational Foundation, the first place contestant was awarded $4,500 in scholarships and had the opportunity to travel to Kansas City to compete in the National SkillsUSA competition. Winning awards were: first place, Alyssa Ailion, a senior at Walton High School in Marietta, GA, who also went on to place second in the National SkillsUSA competition; second place, Victoria Gunnin,
BALTIMORE—Vertis shareholders have approved the company’s prepackaged plan of organization. Once the plan becomes effective, Vertis can proceed with its merger with American Color Graphics (ACG). The restructuring will allow Vertis to reduce debt and interest costs, refocus investments and complete both the reorganization and merger in a couple of months, according to Mike DuBose,…
