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Quebecor World Announces Doron Grosman Appointed President U.S. Magazine Division

Friday, January 19, 2007

Press release from the issuing company

Montréal, Canada – Mr. Wes Lucas, President and Chief Executive Officer of Quebecor World Inc. (NYSE:IQW, TSX:IQW) is pleased to announce the appointment of Mr. Doron D. Grosman as President of the U.S. Magazine Group. Mr. Grosman will assume his new position immediately and will be based in the Company’s New York offices. “Doron is an outstanding leader, and I am very pleased that Doron will lead the U.S. Magazine Division, as he has the ideal capabilities and experiences to ensure that we create the highest value for our customers, our people, and our shareholders,” stated Mr. Lucas. “Doron has an exceptional track record and leadership capability to bring to Quebecor World, with an extensive background in sales and operations, and he has proven that he can deliver the highest value to the customer, build superior execution capabilities in operations, create high performing teams, and deliver results to the shareholder,” added Mr. Lucas. Quebecor World recently completed the retooling of its U.S. magazine division, installing 10 new 64 and 96-page presses at seven facilities, and restructuring the entire U.S. Magazine network. With the completion of this retooling, the U.S. Magazine Division will start a new era, as this world-class, customer-focused platform is now better positioned than ever to deliver to customers the highest value, best quality product, and with the leading on-time performance in the industry. “This is evolutionary, and is an ideal time for Chuck Miotke to take on a global manufacturing role and leverage his operational expertise across the company, and for a new leader to leverage this world class new operating platform for the benefit of our customers and our shareholders,” stated Mr. Lucas. Mr. Miotke’s appointment to lead Quebecor World’s global manufacturing is described in a separate announcement. “I am confident that Doron and his team will ensure Quebecor World continues to provide our customers with new and innovative print marketing solutions to generate the greatest customer value,” added Mr. Lucas. Mr. Miotke and Mr. Grosman have designed a smooth transition and integration for customers, for the retooled plants, and the business, and Mr. Miotke will continue to support the magazine operations and plants in the future in depth. Mr. Grosman is a seasoned operating executive who most recently held senior operating positions at Trane Air Conditioning, a subsidiary of American Standard Companies Inc. Before joining Trane, Mr. Grosman held several senior executive positions at General Electric where he was involved in running operations, sales, marketing and business development. Mr. Grosman began his career with Bain and Company, one of the world’s leading management consulting firms. Mr. Grosman developed multi-generation product plans, marketing strategies and product support plans for a wide range of clients. Mr. Grosman holds a B.S. and an M.S. in Civil Engineering from the University of Witwatersrand in Johannesburg, South Africa and an MBA from the Harvard Business School. Chuck Miotke who has led the U.S. Magazine group for the last three years and has worked with Quebecor World and in the printing industry for more than 30 years will be taking on new responsibilities within the organization. Mr. Miotke’s new role and responsibilities are outlined in a separate announcement.




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