Quad to Promote Dave Honan to Chief Operating Officer and Tony Staniak to Chief Financial Officer
October 05 2021 - 08:02AM
Business Wire
Announcement Precedes Upcoming Retirement of
Current Chief Operating Officer, Tom Frankowski
Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), a
worldwide marketing solutions partner, today announced it will
promote Dave Honan to Chief Operating Officer from Chief Financial
Officer, and Tony Staniak to Chief Financial Officer from Vice
President of Finance. This announcement, part of a planned
executive transition process, precedes the retirement of current
Chief Operating Officer Tom Frankowski, who will depart Quad on
December 31, 2021, after a 42-year career with the Company.
“Quad has incredible bench strength on our executive leadership
team to continue driving forward our growth and success as a
marketing solutions partner,” said Joel Quadracci, Quad Chairman,
President & CEO. “Over the past many years, Dave Honan has been
deeply involved in developing and guiding our remarkable
transformation strategy. He led the design of our capital structure
and corporate development activity that positively shaped our
transformation and put us in a position of increased strength. In
his new role, Dave will draw on his previous operations experience
in the manufacturing and service industries. He will focus on
connecting our entire operational organization to take advantage of
the momentum building in our Sales and Marketing efforts. I look
forward to Dave’s leadership and contributions, especially in
bringing together our people, processes and products to drive
performance. He recognizes the key drivers of success for our
business, which include engaging and retaining employees, and
perpetually innovating to drive top-line revenue and productivity
enhancements across our entire integrated platform. Through our
continued partnership I am certain we will create a better way for
all our stakeholders.”
Added Quadracci: “Tony Staniak has been a strong partner to Dave
for many years, and is well connected to all parts of our business.
He helped prepare Quad for our launch as a public company in 2010
and, since then, has built out essential functions and processes
with a strong focus on talent development. We have tremendous
confidence in Tony, and know his experience, knowledge and focus on
growth will serve us well.”
Tom Frankowski will retire at yearend 2021 after four decades of
building Quad into a premier company – first as a commercial
printer and, more recently, as a marketing solutions partner. “Tom
joined our company in its infancy and guided the development and
rapid-fire growth of key areas of our business, including digital
imaging, continuous improvement and print manufacturing on a global
scale,” Quadracci said. “We cannot thank him enough for his
indispensable contributions to Quad and the entire global printing
industry. His aptitude for business strategy and relentless
innovation propelled us to greatness.”
Honan and Staniak assume their new roles on January 1, 2022, and
will use the next three months to ensure a seamless transition of
responsibilities.
About the Leaders
Dave Honan, 52, joined Quad in 2009, quickly advancing from
Corporate Controller to CFO. He is credited with building a
sophisticated public company finance and accounting function.
Previously, Dave was Vice President and General Manager at Journal
Community Publishing Group, and held executive-level positions at
Newell Rubbermaid.
Tony Staniak, 48, joined Quad in 2009 as Director of External
Reporting and then assumed roles of increasing responsibility
within the Company’s Accounting and Finance departments, including
Director of Internal Audit, Executive Director – Financial
Controller, Vice President & Chief Accounting Officer, and,
most recently, Vice President of Finance, where he oversees
Financial Planning and Advanced Analytics, Corporate Credit, and
serves as a leader in Corporate Development and Investor Relations.
Previously, he had been CFO at Sagence, Inc., a consulting firm
specializing in data management and analytics. He began his career
in public accounting.
Tom Frankowski, 60, joined Quad in 1979, focusing first on
Prepress (later called Imaging), where he later built operations
into one of the industry’s premier premedia providers. He is
credited with engineering Quad’s strategic entrance into the
digital era. Throughout his career, Tom has played an important
leadership role in growing the Company from a small startup to a
global printing leader well-known for innovation. He has led the
development and implementation of technology; optimized
organizational structures for greater performance; and maintained a
culture of continuous improvement based on Lean Enterprise
principles, propelling Quad to the forefront of the print
industry.
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/20211005005379/en/
Claire Ho Director of Corporate Communications, Quad
414-566-2955 cho@quad.com
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