Management
Opportunity can find us when we least expect it. When it happened to D. Todd Mellon, CEO/president, Prime Business Solutions/The Ampersand Group, he was smart enough to recognize it and turn it into a prosperous career.
In the B2B world, the relationship between the customer and the vendor—and more specifically—the vendor's salesperson, can be of utmost importance.
Andrews Decal Company recently announced the rebranding of its company to Gallas Label & Decal. The name change reflects the ongoing leadership that helped the label printer prosper for more than 65 years.
Cenveo Corporation, a wholly-owned subsidiary of Cenveo Inc., completed the steps necessary to refinance the remainder of its 7.875 percent senior subordinated notes due 2013.
The company received the necessary consents to amend and supplement its existing senior secured credit agreement to, among other things, (i) allow for up to $50 million of a new unsecured loan to be prepaid on substantially similar terms as its currently outstanding 7.875 Percent Notes, and (ii) modify certain financial covenants for increased financial flexibility.
Staples Inc., the parent company of Staples Advantage and Staples Promotional Products, located in Framingham, Mass., on Dec. 17 announced that Michael A. Miles Jr., president and chief operating officer, is resigning from the company, effective Feb. 2, 2013.
Ennis Inc. said it will combine its scheduled third- and fourth-quarter dividends into a 35-cent payment in late December.
Ennis will pay the dividend Dec. 28 to shareholders of record on Dec. 20. The company's quarterly dividend payment had been set at 17.5 cents and its third- and fourth-quarter dividends were to be paid in early 2013.The envelope, business form and clothing maker is the latest of many companies that is paying a dividend before the end of 2012 to shield investors from a potential increase in taxes on dividends next year.
Quad/Graphics, Inc. and Vertis Holdings, Inc. jointly announced that the U.S. Bankruptcy Court has approved the companies' proposed sale agreement, clearing the way for the sale to close.
Castelli North America, the promotional planners, journals and notebooks supplier based in Sparks, Nev., announced that Fran Ford, Jr. has been named president of the company, effective immediately.
Lexmark International’s decision earlier this year to shutter its inkjet printer operations and lay off 550 Lexington workers might have surprised some, but it was mounting evidence of a business in transition.
For the past several years, the Lexington-based printer maker has been in the midst of changing strategies and made five key acquisitions since 2010 designed to take the company further from its roots only in printers and more into computer software and services.
Dan Whitehead has joined Proforma as the chief sales officer, serving as a strategic advisor to its Million Dollar and Multi-Million Dollar Member Owners.