Standard Register Elects New Officer
30 Avril 2012 - 8:00PM
Business Wire
Standard Register (NYSE: SR), a leader in management and
execution of mission-critical communications, announced that
William “Bill” Lee has been appointed as an officer of the company
by its board of directors.
Lee joined the company in 2011 as president of its Financial
Services business unit based in New York City, NY. Standard
Register announced at its annual meeting of shareholders last week
that its four business units will be consolidated into two:
Standard Register Business Solutions and Standard Register
Healthcare. Lee will serve as president of Standard Register
Business Solutions, which integrates the former Financial Services,
Commercial Markets and Industrial business units. Brad Cates will
continue as president of Standard Register Healthcare.
“Bill is a valuable member of our team, with his deep experience
and leadership skills,” said Joseph P. Morgan, Jr., president and
chief executive officer of Standard Register. “He is the right
person to lead the new Standard Register Business Solutions, which
will align our most skilled resources with our best opportunities
and execute on a marketing strategy leveraging our
technology-oriented Core growth solutions across vertical
markets.”
“We are finding that our Core technology-oriented solutions are
driving sales across all the markets we serve,” Lee said. “Standard
Register Business Solutions will provide innovations in critical
communications, marketing communications, on-demand publishing and
product marketing and labeling through our platform of traditional
printing, digital color, personalization options and digital media,
including our new tablet applications.”
Lee joined Standard Register after 11 years at Bowne &
Company before it was acquired by R.R. Donnelly (RRD). He co-led
the integration team for the legacy Bowne and RRD capital markets
business. In his last role at Bowne, Lee was president of capital
markets and compliance, leading Bowne’s most profitable business
unit with $400 million in sales and double-digit growth in revenue
and profitability. Prior to his role as president, Lee served as
managing director for Bowne’s Europe and the Middle East markets.
Lee earned a Bachelor of Science in business management from
Fairfield University in Connecticut. In his new position with
Standard Register, he will continue to divide his time between New
York and Standard Register’s Dayton, Ohio headquarters.
About Standard Register
Standard Register (NYSE:SR) is trusted by the world’s leading
companies to advance their reputations by aligning communications
with corporate standards and priorities. Providing market-specific
insights and a compelling portfolio of solutions to address the
changing business landscape in healthcare, financial services,
commercial and industrial markets, Standard Register is the
recognized leader in the management and execution of
mission-critical communications. More information is available at
http://www.standardregister.com.
Safe Harbor Statement
This report includes forward-looking statements covered by the
Private Securities Litigation Reform Act of 1995. Because such
statements deal with future events, they are subject to various
risks and uncertainties and actual results for fiscal year 2012 and
beyond could differ materially from the Company’s current
expectations. Forward-looking statements are identified by words
such as “anticipates,” “projects,” “expects,” “plans,” “intends,”
“believes,” “estimates,” “targets,” and other similar expressions
that indicate trends and future events.
Factors that could cause the Company’s results to differ
materially from those expressed in forward-looking statements
include, without limitation, our access to capital for expanding in
Core solutions, the pace at which digital technologies erode the
demand for certain legacy products, the success of our plans to
deal with the threats and opportunities brought by digital
technology, results of cost containment strategies and
restructuring programs, our ability to attract and retain key
personnel, variation in demand and acceptance of the Company’s
products and services, frequency, magnitude and timing of paper and
other raw material price changes, the timing of the completion and
integration of acquisitions, general business and economic
conditions beyond the Company’s control, and the consequences of
competitive factors in the marketplace including the ability to
attract and retain customers. The Company undertakes no obligation
to revise or update forward-looking statements as a result of new
information, since these statements may no longer be accurate or
timely.
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