William L. Davis - Donnelley's Number-one Son

AT&T's decision to hire John R. Walter away from R.R. Donnelley & Sons left Wall Street analysts puzzled. Walter seasoned himself in the commercial printing industry, they noted, not the field of telecommunications. For that reason, the experts deemed AT&T's president unqualified.

William L. Davis, Walter's successor at R.R. Donnelley, has faced similar scrutiny.