Quebecor: Marc Reisch Resigns as CEO, Quebecor World North America
Press release from the issuing company
MONTREAL--Sept. 17, 2002--Quebecor World Inc. today announced that Marc L. Reisch, President and CEO of Quebecor World North America is resigning his position to pursue other opportunities. Quebecor World's North American Product Groups will continue to be run by their respective Presidents who will report directly to Charles G. Cavell, President and CEO of Quebecor World Inc.
"Marc has made a great contribution to Quebecor World and we wish him well in his future endeavors," said Mr. Cavell. "Quebecor World's North American business is managed along core product lines. Each Product Group is headed by a strong management team that is responsible for the day-to-day operation of the business. The Presidents and their respective teams will continue to provide the leadership and customer service that makes our Company the world's leading print media services company."
"I am pleased with what we have accomplished in making Quebecor World the number one global printer," said Mr. Reisch. "After completing the successful merger of Quebecor Printing and World Color Press, I believe now is the right time for me to move on to other challenges. I am also proud of the fact that I am leaving behind the most capable and dynamic management team in the industry."
Quebecor World Inc. (NYSE; TSE: IQW) is the largest commercial printer in the world. It is a market leader in most of its major product categories which include magazines, inserts and circulars, books, catalogs, specialty printing and direct mail, directories, digital pre-media, logistics, mail list technologies and other value added services. Quebecor World Inc. has approximately 40,000 employees working in more than 160 printing and related facilities in the United States, Canada, Brazil, France, the United Kingdom, Belgium, Spain, Austria, Sweden, Switzerland, Finland, Chile, Argentina, Peru, Colombia, Mexico and India.
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