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

According to Davis, the consolidation and pricing pressures that permeate the printing industry are signs of maturity. And mature industries call for special strategies—strategies that Davis has skillfully developed for two decades.

"Frankly, in the past 20 years, almost all of the sales, marketing and manufacturing positions I've held have been in what you would call mature industries," he explains. "And all of the companies I have been with have done extremely well. There is a lot of opportunity in mature industries to differentiate yourself—to provide value to your customers and, therefore, provide value to your stakeholders."