Moore Names Mark A. Angelson Non-Executive Chairman
Press release from the issuing company
TORONTO, Ontario & STAMFORD, Conn.--Nov. 9, 2001--Robert G. Burton, President and Chief Executive Officer of Moore Corporation Limited announced today the election of Mark A. Angelson to the Board of Directors and to the position of Non-Executive Chairman.
Mr. Angelson is Vice Chairman of Chancery Lane Capital LLC. He fills the Board vacancy and Non-Executive Chairman role that was previously held by R. Theodore Ammon. Mr. Ammon, who was Chairman of Chancery Lane Capital LLC, died on October 22, 2001.
Robert G. Burton, President & CEO stated:
"I welcome Mark Angelson to the Board of Directors. He joins the Board at a time of significant positive change. The company has returned to profitability one quarter ahead of the plan we laid out to investors when my team and I came to the company last December. Additionally, with the completion of the sale of Phoenix Group division earlier this week, Mark joins us as we continue to execute on our game plan.''
Mr. Angelson stated:
"I am delighted to be associated with Mr. Burton and his outstanding management team. This company has made significant progress in the ten short months since Bob and his team joined the company.''