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R.R. Donnelley Financial Names New President of Capital Markets Business

Wednesday, September 18, 2002

Press release from the issuing company

Signals Customer-Centric Business Model That Adds Value for Customers, Employees and Shareholders NEW YORK, Sept. 17 -- R.R. Donnelley Financial, the worldwide provider of financial printing and customized communications solutions, has appointed Terrence "Terry" Trayvick as president of its capital markets business. R.R. Donnelley Financial's services enable corporations, investment bankers and securities lawyers to meet complicated, regulated disclosure requirements for corporate compliance and transactions such as mergers, acquisitions, initial public offerings, debt and equity offerings, demutualizations and international transactions. "As a service-intense business, our capital markets organization needs to focus on people. Understanding the changing needs of our customers will be critical, as will creating the right environment for our employees to deliver service excellence," said Trayvick. "We will do this over the next several months by putting in place a flexible service model that allows our customers to focus on where they add value, while we focus on the mechanics of getting the deal done. Our goal is to establish a new industry standard that is transformational to our company, our industry, our employees and our clients." "Having our new capital markets leader in place takes us another step forward in our company's transformation to create value for our customers, employees and shareholders," said Paul Masterton, president of R.R. Donnelley Financial, a business of R.R. Donnelley. "We plan to deliver a broader and more flexible range of services to make the filing process easier and more efficient for our customers. We will do this by building on our capital markets and compliance expertise, addressing the rapid change occurring I both the regulatory and technology arenas, and increasing our focus on the evolving needs of our customers." "We are pleased to promote Terry to this vital position," added Masterton. "Through his notable career with R.R. Donnelley, he has been a strong advocate of service distinctiveness, business performance metrics and focusing on the customer. Terry's ability to create shareholder value for R.R. Donnelley makes him an exciting leader for our capital markets business." Trayvick, 40, joined R.R. Donnelley in 1997. For the past three years, he led the successful consolidation and transformation strategies for R.R. Donnelley Print Solutions to support market-driven growth and optimization. Prior to this assignment, he gained extensive financial experience, most recently as senior vice president of finance for its commercial print group. Before joining R.R. Donnelley, Trayvick worked with Sara Lee Company, Procter & Gamble and General Motors. He earned a bachelor of science degree in industrial management from the University of Cincinnati in 1984 and an MBA in finance and marketing from Columbia School Business in 1988. Trayvick serves as a member of the Advisory Board of the Center for Services Leadership at Arizona State University, a member of the Advisory Board of neoIT, and is a member of the Fellows Program for Leadership Greater Chicago.

 

 

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