Golden to accelerate Quad’s competitive position as a worldwide
marketing solutions partner to the world’s biggest brands
Quad/Graphics Inc. (NYSE: QUAD), has announced the appointment
of Josh Golden as Chief Marketing Officer effective July 5, 2021.
Golden most recently served as president and publisher of the
advertising and marketing trade magazine Ad Age.
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Josh Golden to join Quad as Chief
Marketing Officer (Photo: Business Wire)
Golden brings to Quad a unique ability to transform
organizations, including Ad Age and before that Xerox and NBC
Universal. His experience will position Quad to be more accessible
to brands and businesses and help the company grow.
“Josh has incredible insight into what keeps marketers up at
night and is an advocate of our uncomplicated approach to
addressing those challenges,” said Joel Quadracci, Quad Chairman,
President and CEO. “The energy and expertise he will bring to our
organization is key to highlighting our singular place in the
market, where we offer the breadth of service of a massive holding
company with the ease of engagement of a specialized agency. We are
a formidable force as a marketing solutions partner, and we are
excited about the future with Josh as part of our team.”
Together with Quadracci, Eric Ashworth, Executive Vice President
of Product & Market Strategy and President of Agency Solutions,
and Julie Currie, Executive Vice President & Chief Revenue
Officer, Golden will lead Quad’s efforts to promote its experience
helping brands and marketers create big ideas, reduce complexity,
increase efficiency, and enhance marketing spend effectiveness.
Quad’s integrated offering enables companies to target, engage, and
measure customer behaviors across all media formats.
“I’ve watched Quad’s transformation over the past several years
and look forward to helping accelerate the offering and brand
perception needed for Quad to support any business in the market,”
said Golden. “I believe Quad uniquely offers a world-class
through-the-line solution from idea through production with the
power of a consultancy and the agility of a specialized agency. I
can’t wait to begin.”
Forward-Looking Statements
This communication contains certain “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward- looking statements include statements regarding,
among other things, our current expectations about the Company’s
future results, financial condition, sales, earnings, free cash
flow, margins, objectives, goals, strategies, beliefs, intentions,
plans, estimates, prospects, projections and outlook of the Company
and can generally be identified by the use of words or phrases such
as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,”
“plan,” “foresee,” “project,” “believe,” “continue” or the
negatives of these terms, variations on them and other similar
expressions. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
actual results to be materially different from those expressed in
or implied by such forward- looking statements. Forward-looking
statements are based largely on the Company’s expectations and
judgments and are subject to a number of risks and uncertainties,
many of which are unforeseeable and beyond our control.
The factors that could cause actual results to materially differ
include, among others: the negative impacts the coronavirus
(COVID-19) has had and will continue to have on the Company’s
business, financial condition, cash flows, results of operations
and supply chain, as well as the global economy in general
(including future uncertain impacts); the impact of decreasing
demand for printed materials and significant overcapacity in the
highly competitive environment creates downward pricing pressures
and potential underutilization of assets; the impact of digital
media and similar technological changes, including digital
substitution by consumers; the impact of fluctuations in costs
(including labor and labor-related costs, energy costs, freight
rates and raw materials) and the impact of fluctuations in the
availability of raw materials; the inability of the Company to
reduce costs and improve operating efficiency rapidly enough to
meet market conditions; the impact of the various restrictive
covenants in the Company’s debt facilities on the Company’s ability
to operate its business, as well as the uncertain negative impacts
COVID-19 may have on the Company’s ability to continue to be in
compliance with these restrictive covenants; the impact of
increased business complexity as a result of the Company’s
transformation to a marketing solutions partner; the impact
negative publicity could have on our business; the failure to
successfully identify, manage, complete and integrate acquisitions,
investment opportunities or other significant transactions, as well
as the successful identification and execution of strategic
divestitures; the failure of clients to perform under contracts or
to renew contracts with clients on favorable terms or at all; the
impact of changing future economic conditions; the fragility and
decline in overall distribution channels; the impact of changes in
postal rates, service levels or regulations; the failure to attract
and retain qualified talent across the enterprise; the impact of
regulatory matters and legislative developments or changes in laws,
including changes in cyber-security, privacy and environmental
laws; significant capital expenditures may be needed to maintain
the Company’s platforms and processes and to remain technologically
and economically competitive; the impact of risks associated with
the operations outside of the United States, including costs
incurred or reputational damage suffered due to improper conduct of
its employees, contractors or agents; the impact of an other than
temporary decline in operating results and enterprise value that
could lead to non-cash impairment charges due to the impairment of
property, plant and equipment and intangible assets; the impact on
the holders of Quad’s class A common stock of a limited active
market for such shares and the inability to independently elect
directors or control decisions due to the voting power of the class
B common stock; and the other risk factors identified in the
Company’s most recent Annual Report on Form 10-K, which may be
amended or supplemented by subsequent Quarterly Reports on Form
10-Q or other reports filed with the Securities and Exchange
Commission.
Except to the extent required by the federal securities laws,
the Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
About Quad
Quad (NYSE: QUAD) is a worldwide marketing solutions partner
that leverages its 50-year heritage of platform excellence,
innovation, strong culture and social purpose to create a better
way for its clients, employees and communities. The Company’s
integrated marketing platform helps brands and marketers reduce
complexity, increase efficiency and enhance marketing spend
effectiveness. Quad provides its clients with unmatched scale for
client on-site services and expanded subject expertise in marketing
strategy, creative solutions, media deployment (which includes a
strong foundation in print) and marketing management services. With
a client-centric approach that drives the Company to continuously
evolve its offering, combined with leading-edge technology and
single-source simplicity, the Company has the resources and
knowledge to help a wide variety of clients in multiple vertical
industries, including retail, publishing, consumer technology,
consumer packaged goods, financial services, insurance, healthcare
and direct-to-consumer. Quad has multiple locations throughout
North America, South America and Europe, and strategic partnerships
in Asia and other parts of the world. For additional information
visit www.QUAD.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210610005266/en/
Media Contact: Lori Russo Stanton Communications
240-350-7882 lrusso@stantoncomm.com
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