NEW YORK, NY, Jul 10, 2006 -- Bowne & Co., Inc. today announced that Chairman and Chief Executive Officer Philip E. Kucera intends to retire from the Company effective December 31, 2006. President and Chief Operating Officer David J. Shea will become Chairman, Chief Executive Officer and President immediately upon Kucera's retirement. Kucera will continue to serve as a member of the Bowne Board of Directors. "I'm honored to have had the opportunity to lead Bowne. It's a wonderful company," Kucera said. "I am especially proud of the tremendous Bowne culture that combines a strong work ethic with an intense focus on providing the absolute best customer service. Dave and I have been true partners in managing the company during the past two years, and I have every confidence that he will build on our successes and continue to create value for our employees, clients and shareholders." Kucera, who is 64 years old, joined Bowne as Senior Vice President and General Counsel in December 1998 and was appointed Chief Executive Officer in May 2004 and Chairman in May 2005. "It's been a real pleasure working alongside Phil," said Shea. "We will continue to implement our strategy of focusing on our core businesses, and we're well-positioned to drive revenue and earnings growth in each of our businesses. It will be a privilege to guide the company during these exciting times." Shea has held a number of leadership positions at Bowne since joining the Company in 1998. He was named President and Chief Operating Officer of Bowne in October 2004.