Executive Compensation--Changing of the Guard

5. Charles G. Cavell, 58
President and CEO
Quebecor World, Montreal: (C=Canadian $$)
Salary + Bonus: C$1,304,306
Other Compensation: C$59,473
Total: C$1,363,779
Previous Year Total: C$1,130,070
Percentage Change: 20.68%

6. David R. Holmes, 58
Chairman, President and CEO
Reynolds & Reynolds, Kettering, OH
Salary + Bonus: $1,097,661
Other Compensation: $45,121
Total: $1,142,782
Previous Year Total: $801,795
Percentage Change: 42.52%