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.
ASKING WHAT kind of impact that a recessional economy has on direct mail campaigns is like asking how many beach-goers will be turned away by an approaching hurricane. Sure, there are those who will want to brave it, but most people prefer to take a wait-and-see approach somewhere safe.
Shareholders OK Vertis Plan BALTIMORE—Vertis shareholders 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 cost, refocus investments and complete both the reorganization and merger in a couple of months, according to Mike DuBose, chairman and CEO of Vertis. Direct Group Makes Investment SWEDESBORO, NJ—Direct marketing specialist Direct Group has purchased 32 Océ VarioStream 8750 systems to upgrade capacity; increase uptime, speed and operational efficiencies; and take advantage of some of the industry’s latest digital technology, including flexible color