Harland Chairman Resigns

The management shake-up comes as the company reports downbeat financial news. Sales for the quarter that ended on Dec. 31, 1997, were $141.7 million compared to $151.6 million a year earlier. Sales for the 12-month period were $562.7 million, compared to $609.4 million in 1996.

Amman became CEO in October 1995 and initiated a strategy of consolidation and downsizing that led to the closing of 20 of the 40 plants Harland once operated (including 17 imprint and three web plants). Thirty-one of the plants will be closed by the time the downsizing is completed.