Quebecor World Reorganizes, Names New Top Executive

The company also named former Sun Chemical top executive Wes Lucas as its president and CEO, replacing Pierre Karl Péladeau. Lucas took control of the printing company May 11th.

Péladeau, who is president and CEO of Quebecor Inc., will remain chairman of Quebecor World’s executive committee, as well as become vice chairman of the board and CEO of Quebecor Media. Quebecor World is in the midst of a comprehensive investment and retooling plan, orchestrated by Péladeau, as well as a cost-containment and reduction initiative.