Cadmus Communications Continues to Strengthen Publisher Services Management Team
21 8월 2006 - 11:34PM
PR Newswire (US)
Andy Johnson Named Executive Vice President of Print Services
RICHMOND, Va., Aug. 21 /PRNewswire-FirstCall/ -- Cadmus
Communications Corporation (NASDAQ:CDMS) announced today that it
has hired Andy Johnson as Executive Vice President of Print
Services for Cadmus' Publisher Services Group. In this role, Mr.
Johnson will have responsibility for all of the Company's five
publication print locations in North America as well as the
Company's affiliate print operations in China, Singapore, and
Malaysia. Prior to joining Cadmus, Mr. Johnson was a Vice President
& General Manager at Banta Corporation, where during his
14-year tenure he held a number of site and group manufacturing
leadership positions. Mr. Johnson will report to Peter Hanson,
Chief Operating Officer of Cadmus' Publisher Services Group, and
will operate out of the Company's Columbia, Maryland facility. In
recent months, Cadmus has worked aggressively to strengthen the
management team within its $350 million Publisher Services Group.
Since January, Cadmus has hired (i) Peter Hanson, who serves as
Chief Operating Officer of the Publisher Services Group and
formerly was President of Banta's Publication Division, (ii) John
Miller, who serves as Executive Vice President of Sales and
Marketing for the Publisher Services Group and formerly held senior
sales leadership roles at both Banta and RR Donnelley, and (iii)
Larry Brandes, who serves as Director of Procurement of the
Publisher Services Group and formerly held a similar position at
Banta's Publication Division. Commenting on these additions and
this new leadership, Bruce Thomas, Cadmus President and Chief
Executive Officer, stated, "Peter has brought a high level of
operational experience and expertise to Cadmus. In addition, he is
rapidly building a team with the depth of knowledge and experience
necessary to help us obtain maximum benefit from our full service
capabilities and our new and now much more efficient manufacturing
capabilities." Peter Hanson, Chief Operating Officer of the
Publisher Services Group added, "I am very pleased to have an
individual with Andy's capabilities join our team. Andy is an
energetic and experienced leader with a deep knowledge of the
printing industry. Moreover, Andy and John Miller have worked
together previously and delivered exceptional results for me and
for the operations I led. I expect them to have a similarly
positive impact at Cadmus." "Cadmus ... Serving Education, Science,
Health" Cadmus Communications Corporation provides end-to-end,
integrated graphic communications services to professional
publishers, not-for-profit societies and corporations. Cadmus is
the world's largest provider of content management and production
services to scientific, technical and medical journal publishers,
the fifth largest periodicals printer in North America, and a
leading provider of specialty packaging and promotional printing
services. Additional information about Cadmus is available at
http://www.cadmus.com/. Statements contained in this release
relating to Cadmus' future prospects and performance are
"forward-looking statements" that are subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statements. Factors that
could cause actual results to differ materially from management's
expectations include but are not limited to: (1) the overall
economic environment, (2) the equity market performance and
interest rate environment, which can impact our pension liability,
(3) the impact of price increases for energy and other materials
and services affected by higher oil and fuel prices, (4) our
ability to grow revenue and market share in the educational and
government services markets, (5) significant price pressure in the
markets in which we compete, (6) the loss of significant customers
or the decrease in demand from customers, (7) our ability to
continue to obtain improved efficiencies and lower production
costs, (8) the financial condition and ability to pay of certain
customers, (9) our ability to implement and realize the expected
benefits associated with our equipment replacement and
consolidation plan, including our ability to successfully complete
certain consolidation initiatives and effect other restructuring
actions, (10) our ability to operate effectively in markets outside
of North America, (11) our ability to realize the tax benefits
associated with certain transactions, and (12) our ability to
implement and realize the expected benefits associated with your
increased operations in Asia and the business opportunities
available to the PeriscopeCadmus(TM) joint venture. Other risk
factors are detailed from time to time in our Securities and
Exchange Commission filings. The information provided in this
release is provided only as of the date of this release, and we
undertake no obligation to update any forward-looking statements
made herein. DATASOURCE: Cadmus Communications Corporation CONTACT:
Paul K. Suijk, Senior Vice President and CFO of Cadmus
Communications Corporation, +1-804-287-5694 Web site:
http://www.cadmus.com/ Company News On-Call:
http://www.prnewswire.com/comp/115581.html
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