Quad Announces Deal for Worldcolor

Quadracci—whose late father, Harry, founded Quad/Graphics in 1971—will spearhead the firm as chairman, CEO and president. Mark Angelson, CEO of Worldcolor, will chair the Quad board committee on integration and consolidation, and will become a director prior to closing.

"This is the most compelling transaction with which I have been associated and is the occasion to pass the torch of leadership to a new generation in our industry," said Angelson, a veteran from several high-profile printing concerns over his lengthy tenure within the industry.