Steve Fuller, John Fowler Join Quad/Graphics’ Board Of Directors
Wednesday, July 20, 2016
Press release from the issuing company
SUSSEX, Wis. - Quad/Graphics, Inc. (NYSE: QUAD) (“Quad/Graphics,” “Quad” or the “Company”), a leading print and marketing services provider, announced today that Steve Fuller, former Senior Vice President & Chief Marketing Officer of L.L.Bean Inc., and John Fowler, Vice Chairman and Executive Vice President of Global Strategy & Corporate Development of Quad/Graphics, have been appointed to Quad/Graphics’ board of directors, effective July 18, 2016.
“I am pleased to welcome these two accomplished business leaders to Quad/Graphics’ board of directors,” said Joel Quadracci, Chairman, President & CEO of Quad/Graphics. “Steve and John bring a wealth of knowledge, experience and foresight that are critical as we work to enhance our offerings and the overall value we bring to marketers and publishers.
“As a former client familiar with the complexities of multichannel marketing, Steve further strengthens our ability to walk in our clients’ shoes and understand their needs,” Quadracci said. “This is especially important right now as marketing is being disrupted by more and more media channels, and brand owners are searching for trusted partners to help them orchestrate and measure the effectiveness of their marketing spend across online and offline channels. Steve led L.L.Bean’s transformation into a leading e-commerce retailer where he deftly used the printed catalog to drive online and in-store traffic and build brand loyalty. His understanding of – and deep experience with – connecting channels to maximize marketing effectiveness will be invaluable to Quad and our clients on our path forward.”
Consistently recognized as a top CMO, Fuller is a seasoned and inventive marketer. His extensive background in the retail industry spans branding, advertising, customer satisfaction, e-commerce, partnerships, database analytics and marketing operations. Under his guidance, online sales at L.L.Bean grew by nearly $1 billion and llbean.com was consistently named the No. 1 website in customer satisfaction and ease of use.
Said Fuller: “I am excited to be part of this rapidly evolving Company that looks to partner with its clients to understand their business needs, and find innovative solutions to improve both top- and bottom-line results.”
“John’s importance to Quad cannot be overstated,” Quadracci continued. “As a member of Quad’s original executive management team, he worked closely with my father [Company Founder Harry V. Quadracci] to turn a small, privately held company into a major industry player. John then worked with me on writing Quad’s second chapter, which has involved taking the Company public and transforming the industry through a series of consolidating acquisitions that has created the most efficient manufacturing and distribution platform in the industry today. John’s appointment to the board recognizes the very important role he has played – and will continue play – in Quad’s ongoing transformation.”
Fowler joined Quad/Graphics in 1980 as its top financial executive and, through the years, has been instrumental in developing, implementing and financing the Company’s profitable growth, both domestically and abroad. Over his 36-year career with the Company, he has raised multiple billions of dollars to finance organic growth as well as numerous consolidating and growth acquisitions. Accordingly, Quad has evolved from a small, family-owned firm with fewer than 300 employees and about $21 million in sales to one of the world’s leading providers of print and marketing services with more than 22,000 employees on three continents and about $4.7 billion in sales.
Fowler’s appointment to the board marks the beginning of his transition to retirement. He will officially retire from his executive management role at yearend 2017. “We have been very thoughtful in planning John’s transition to retirement over an extended period of time to ensure continuity of operations,” Quadracci said. “We look forward to his continued, active participation in forging the future of the Company as a member of the board of directors.”
Said Fowler: “I am proud to be part of both Quad’s history and future. For many years I had the good fortune of working directly with Harry Quadracci to build the Company into a global industry leader. In the past 10 years, I’ve been equally fortunate to work with Joel Quadracci on building Quad’s path forward. I look forward to continuing to facilitate the Company’s ongoing transformation as a board member.”
With these appointments, Quad has expanded the size of its board from eight to 10 directors.
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