Mail-Well CEO Retires
The printing company promoted its president, Paul Reilly, to add Mahoney's CEO title to his duties. Meanwhile, Mail-Well elected Tom Stephens to be chairman.
"This will be a very smooth transition," said Mahoney, in a prepared statement. "I intend to continue as a significant and interested shareholder. I appreciate the support employees and investors have provided to me and know Paul will receive the same."
Mail-Well has approximately 16,000 employees and more than 140 printing facilities throughout North America and the United Kingdom.