Verso, headquartered in Memphis as a producer of printing and specialty papers and pulp, completed a US$1.4 billion acquisition of NewPage Holdings back in January 2015. Completion of the deal came after NewPage divested itself of two mills, which were taken over by Catalyst Paper of Richmond, British Columbia.
Verso’s purchase of NewPage brought the company approximately US$3.5 billion in annual sales and around 5,800 employees in eight mills across six American states.
Verso's board of directors has begun the search for a new CEO and, after Paterson’s departure, plans to establish an Office of the Chief Executive to lead the management of the company until a new CEO comes on board.
“I am deeply honored to have had the opportunity to lead Verso over the last four years, and I am extremely proud of what our team has accomplished together in the face of significant challenges,” Paterson said. “Now that Verso has completed its restructuring and is positioned for a more financially stable and sustainable future, I retire with the confidence that our senior leadership team, along with the board of directors, will take full advantage of every opportunity to make Verso a resounding success.”
The Office of the Chief Executive (OCE) will consist of the following four executive officers of Verso: Allen J. Campbell, Senior Vice President and Chief Financial Officer; Michael A. Weinhold, Senior Vice President of Sales, Marketing and Product Development; Peter H. Kesser, Senior Vice President, General Counsel and Secretary; and Adam St. John, the newly elected Senior Vice President of Manufacturing.
St. John is a 24-year paper industry veteran who has worked at Verso for the past 10 years, most recently serving as Regional Vice President of Manufacturing with responsibility for the company's largest paper mills.
“With Stephen’s expertise, we will take Avanti Slingshot to the next level for our customers,” said Patrick Bolan, President and CEO, Avanti. “His impressive résumé demonstrates a wealth of experience spanning the full product management lifecycle – from build through launch.”
Feldman has more than 25 years of product management experience. He previously served as Director of Product Management for Unify (formerly Siemens), leading the team responsible for their global contact centre business. He managed 350 channel partners for IT consulting and managed services provider Acrodex, including HP and Cisco.
At Microsoft Canada, he developed marketing programs to streamline customer deployment of Microsoft Office. Feldman also has served in marketing roles with Platform Computing, Hummingbird, Cybermation, ATI Technologies and Toshiba.
The MBO America, based in Marlton, New Jersey, is one of five global locations for the finishing technology developer and also its top location in terms of generating revenues.
MBO describes Martin’s key strengths as including revenue growth, cost reduction, strategic planning, Marketing and C-level sales strategies. Martin currently serves as Chairman, Board of Directors, for the Sonoco Institute of Packaging Design and Graphic at Clemson University.
"I'm honoured to be promoted to President of Mutoh America Inc.,” said Phipps on news of his appointment. “We have been growing our product range and increasing market share every year, and I'm excited to be able to continue building the business in my new capacity.”
Phipps has worked for Mutoh America since 2004 and most recently served as Vice President and General Manager of Mutoh America. In his new role, Phipps will be working closer with Mutoh Japan on new products and the future direction of the company.
Bennett will be responsible for managing and executing all sales, marketing and customer support activities for Advanced Vision Technology (AVT) in the Americas. He will also join AVT’s corporate management group and will report directly to CEO Jaron Lotan.
Prior to joining AVT, Bennett served as Sales Director of Packaging, North America for HP Inc., where he helped lead HP’s entry into the flexible packaging and folding carton markets. Prior to that, he spent 17 years with Heidelberg as a salesperson, regional manager and, ultimately, vice president.
Candace Derksen of Pembina Valley also reports Chad Friesen will assume the role of President and Chief Operating Officer of Friesens Corporation while retaining his current role as General Manager of Yearbook Division.
Read Derksen’s full report for Pembina Valley.
Days after announcing Ashok Vemuri is to become CEO of Conduent, which is the new name of the soon-to-be-formed Xerox Business Process Outsourcing company, following the previously announced corporate split, Jeff Jacobson is to become CEO of Xerox Corporation following completion of the separation.
It was previously known that the new Xerox Document Technology company, as opposed to the Business Process Outsourcing company, would retain the current Xerox brand and profile. On January 29, 2016, Xerox announced its plans to separate into two independent, publicly traded companies and the company is on track to complete the separation by the end of 2016.
Jacobson currently serves as President of Xerox Technology and will continue in his current role until the separation is complete. “During his four years at Xerox, Jeff has driven significant productivity and cost efficiency efforts while maintaining our commitment to innovation, quality and leading technology,” said Ursula Burns, current CEO and Chair of Xerox. “With his previous public-company CEO experience and his track record and achievements at Xerox, the Board and I are confident he is the best person to lead Xerox forward.”
Jacobson joined Xerox in 2012 as President of Global Graphic Communications Operations. He became President of the Xerox Technology business in 2014 with responsibility for worldwide strategy, sales channel operations, marketing, technical services and customer support, product development, manufacturing and distribution. Prior to Xerox, he served as the President, CEO and Chairman of Presstek.
“I am honored by the board’s decision to appoint me to lead one of the world’s most iconic companies and confident that we will build a bright future for Xerox on the foundation of disciplined management, operational excellence and customer focus that is in place today,” said Jacobson.
The new Xerox entity accounted for US$11 billion in 2015 revenue, while Conduent would have generated US$7 billion – 90% of which is annuity based.
Prior to joining Agfa, Aubre held several key sales positions for various companies in the printing industry, including Canon Océ’s Professional Printing Solutions Group, Nustream Graphic and Xeikon.
“Alexis' expertise in the wide-format and digital printing sectors will allow us to continue improving on our leadership position in the Canadian inkjet equipment sales market,” said Jean Tardif, District Business Manager, Eastern Canada."
Agfa states it is ranked number one in the Canadian market in thermal, no-bake, chemistry-free and low-chemistry plates and CTP installations. In addition to its line of Duratex medias and distribution of Esko finishing products, Agfa’s Jeti inkjet printing systems are manufactured in its Mississauga facility.
Vinson has more than 25 years of experience in printing and packaging industries, dominated by a long tenure at Cenveo where he most recently served as President of the company’s commercial print, global packaging and envelope operations.
He also previously held the position of General Manager, Sheetfed Operations Central Region, for MAN Roland Inc., and served as Senior Vice President, Technical Publications Group at Moore Wallace North America. Vinson began his printing career as Vice President of Sales for Quebecor World.
“Harry’s diverse experience will play a key role as Komori moves toward its goal of evolving from a specialist printing press manufacturer to a print engineering service provider,” said Kosh Miyao, President and COO of Komori America. “His demonstrated leadership skills and ability to work successfully in all levels of the organization make him a great asset to Komori America Corporation.”
“We are pleased to welcome Karen Heumann to our Supervisory Board as an experienced entrepreneur,” said Dr. Siegfried Jaschinski, Chairman of the Supervisory Board of Heidelberg. “Her wide-ranging expertise in brands and advertising and her experience in the printing industry will be of huge value to us during the ongoing realignment of Heidelberg.”
Heumann is a founder of thjnk AG, an agency group that specializes in marketing communications, where she has been Spokesperson of the Management Board since 2012. She previously spent close to 20 years in leading roles at international advertising agencies and is noted as having substantial experience in the work carried out by supervisory boards.
In other news, Heidelberg on March 31 announced it is receiving a €100 million loan from the European Investment Bank (EIB) to support its research and development activities. Heidelberg states the funds will be directed toward digitization, software integration and expansion of its digital printing portfolio.
To help finance the R&D program, the EIB is providing Heidelberg with a development loan that can be drawn down in tranches, each with a seven-year term. Heidelberg explains this is the first time a large German company has benefited from the European Fund for Strategic Investments (EFSI), which is the centrepiece of the Investment Plan for Europe.
Joshi worked with HP’s imaging and printing group for 32 years between 1980 and 2012. While leading HP's $26 billion printing business as an Executive VP, he was responsible for doubling the printing business operating profits during an 11-year period.
“I am incredibly excited about the future of 3D Systems. We have a tremendous opportunity to help customers take advantage of the era of manufacturing transformation, including mass customization,” said Joshi. “While the company has a strong history in place, it is clear that we need to develop new and innovative products with unprecedented quality and service levels to drive sustainable growth and profits.”
3D Systems provides 3D products and services, including 3D printers, print materials, on demand manufacturing services and digital design tools. 3D Systems' precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments.
“We are delighted that Thayer Long will be joining the Association to lead NPES and the Graphic Arts Show Company (GASC). Thayer brings eight years of effective leadership experience that includes all aspects of association management including strategic plan development, trade show management, government affairs, education and foundation work. He will be a great asset to NPES as we navigate the future waters of our industry."
In addition to leading NPES and GASC, Long will also serve as president of the Graphic Arts Education and Research Foundation (GAERF). He has nearly 20 years of association experience serving most recently as Executive VP and CEO of the Independent Electrical Contractors, and prior to that as President and CEO of the Manufactured Housing Institute. Both organizations are headquartered in the Washington, D.C. metro area.
“Thayer is a good colleague whom I have known for five years; the industry is fortunate to have such a highly qualified professional joining our organization,” said Current NPES President Ralph Nappi. “Thayer possesses the skill set to take NPES, GASC and GAERF to new levels and will bring a high degree of creativity and enthusiasm to our industry.”
King was a member of the 1992 Canadian Olympic team and competed in alpine skiing in Albertville, France.
“The printing industry continues to be a very competitive marketplace for our clients – it’s also a very exciting time as we develop new technology platforms that will help them produce relevant, profitable, quality and high value offerings for their own customers,” stated King, in a release about his new role. “As the industry continues its migration from offset to digital, we are well positioned with our leading high-end printing solutions – such as the Xerox Impika Evolution, a continuous-feed, inkjet digital press – to help our clients broaden their offerings, while increasing productivity, overall revenue and business growth. This is a strategic priority for us.”
Xerox explains the redesigned graphic communications operation will provide clients across Canada with access to specialized experts to help them better leverage the company’s production and digital printing technologies, application developments and workflow solutions.
Hath, who sits on the board of directors of Dscoop, North America, joins the company after seven years as managing director at ZUZA Marketing Asset Management and has more than 30 years’ extensive experience in the print industry. While at ZUZA Marketing, Hath worked with Infigo’s Catfish software to replace a legacy system last August.
He co-chairs the Dscoop Conference Education committee, is a member of the organization’s conference committee and has served in several other volunteer roles for Dscoop. Based in Greater San Diego, he is responsible for finding new opportunities for Infigo’s Web-to-print products, including flagship storefront Catfish and cross media marketing tool Symphony, in the North American market.
“Over the past months, the management board has continued to press forward successfully with the company’s realignment. The company is well on track,” said Dr. Siegfried Jaschinski, Chairman of the Supervisory Board at Heidelberg. “The supervisory board is extremely pleased that Mr. Linzbach has returned to join his colleagues on the management board as they take the next strategic steps.”
Linzbach was named Chief Executive Officer of Heidelberg in December 2012, replacing Bernhard Schreier. He holds a degree in chemistry and a Ph.D in chemical engineering from the University of Dortmund. In 1991, Linzbach was a member of Hoescht AG's corporate planning team and later took over leading the company's fibers operations (Trevira GmbH). In 1999, Linzbach played a leading role in founding Aventis and went on to become global CEO and President of the Celanese Acetate Group based in the United States until 2003. From 2003 to 2005, he was responsible for the textile fibers division INVISTA, also in the United States.
On March 1, 2005, Linzbach was appointed Chairman and CEO of Symrise AG in Holzminden, Germany. He successfully led it onto the stock market at the end of 2006 and onto the MDAX in March 2007. Dr. Linzbach left the company for personal reasons at the end of June 2009. He was subsequently appointed CEO and Member of the Management Board of D+S Europe and its successor companies in Hamburg.
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