Executive Compensation -- Printing's Power Players

1) WILLIAM L. DAVIS, 59

Chairman, President and CEO

RR Donnelley, Chicago

Salary + Bonus: $900,000

Other Compensation: $556,671

Total: $1,456,671

Previous Year Total: $1,519,715

Percentage Change: -4%

2) ALAN F. SCHULTZ, 44

CEO, President and Director

Valassis Communications, Livonia, MI

Salary + Bonus: $1,260,000