Quebecor World Looks for New Leader

There have been rumblings among some shareholders that the recent wave of executive departures, as well as the announcement that the company would miss first quarter profit expectations, was the result of Peladeau's dabblings in the company.

Mulroney firmly denied the claim that Peladeau had a "personal need to micro-manage" North America's largest printing company. He did admit that while Peladeau often did not hesitate to express his opinions in a forceful, direct and sometimes colorful manner, his involvement has always been for the best interest of Quebecor World. "I have never seen an instance when his recommendations were not designed to improve this company."