Vertis CEO to step down

Share this content:

Vertis Inc. CEO Mike DuBose will resign his position effective January 1, the company said.

Dubose “successfully led Vertis' financial turnaround and acquisition of American Color, and is now looking forward to pursing other things outside of Vertis,” according to a company statement.

The company declined further comment on what led to Dubose's departure.

The board of directors has named Stephen Dyott vice chairman and Alex Sorokin interim president of the company. Both appointments took effect December 2.  

Dubose joined Vertis in December 2006 to lead the company's merger with American Color Graphics Co., which was completed in October. The new combined company, headquartered in Baltimore and unified under the Vertis Communications brand, has 100 locations worldwide and nearly 8,000 employees.

In November, the company received a $250 million loan from GE Commercial Finance after emerging from Chapter 11 bankruptcy.

The naming of Dyott as vice chairman represents his return to the company; he previously served as chairman and CEO of American Color Graphics.  Among other duties, Dyott will serve as a senior advisor to both the board and Sorokin, who is a managing director of the management firm Zolfo Cooper. The board has retained firm Heidrick & Struggles to assist in a search for a permanent Vertis CEO.

“On behalf of the board, I would like to thank Mike DuBose for his contributions to the company,” said Mike Elkins, a Vertis board member, in a prepared statement.  “Since his recruitment into Vertis by the previous board in December of 2006, Mike led the successful turnaround of Vertis and most recently, helped to lead the successful financial restructuring and merger of Vertis Communications and American Color Graphics.”

Loading links....
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Since 1985, Melissa Data has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa Data offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

DMN's Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here