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Montreal, November 14, 2008 – Transcontinental
Inc. today announced the appointment of Brian Reid as President
of its Printing Sector, effective immediately. The Sector
brings together services to retailers and publishers of newspapers,
magazines, books and catalogs, as well as Transcontinental’s
U.S. direct mail and Mexican operations. Mr. Reid is responsible
for approximately 8,500 employees and revenues of more than
$1.5B on an annualized basis. He will also join Transcontinental
Inc.’s Senior Management Committee.
“Brian has been an important part of Transcontinental’s
growth story since 1992; he truly understands and lives the
Transcontinental values that are the key to our growth—a
commitment to strong client relationships and talent development
come to mind,” said François Olivier, President
and Chief Executive Officer, Transcontinental. “Brian’s
mandate is to develop a print service offering that is integrated
and tailored to customers including publishers and retailers,
and to continue to improve efficiency, gain market share and
reduce costs.”
Previously, Mr. Reid was Senior Vice-President, Catalog
and Magazine Group, Transcontinental Printing, a position
he had held since 2003. There, he was responsible for the
ongoing development of the catalog and magazine markets both
in Canada and the U.S. In that role, Mr. Reid also oversaw
2500 employees and seven Transcontinental plants. Mr. Reid
will be based in Toronto.
About Transcontinental
The largest printer in Canada and sixth-largest
in North America, Transcontinental is also the country’s
leading publisher of consumer magazines and French-language
educational resources, and its second-largest community newspaper
publisher. Transcontinental distinguishes itself by creating
strategic partnerships that integrate the company into its
customers’ value chain, notably through its unique newspaper
printing outsourcing model and its value-added services. From
mass to highly personalized marketing, the company offers
its clients integrated solutions which include a continent-leading
direct marketing offering, a diverse digital platform and
a door-to-door advertising material distribution network.
Transcontinental is a company whose values, including respect,
innovation and integrity, are central to its operation. Transcontinental
(TSX: TCL.A, TCL.B) has more than 15,000 employees in Canada,
the United States and Mexico, and reported revenues of C$2.3 billion
in 2007. For more information about the Corporation, please
visit www.transcontinental.com.
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For information:
Media
Nessa Prendergast
Director, Media Relations
Transcontinental Inc.
Telephone: (514) 954 2809
nessa.prendergast@transcontinental.ca
Financial Community
Jennifer F. McCaughey
Director, Investor Relations
Transcontinental Inc.
Telephone: (514) 954 2821
jennifer.mccaughey@transcontinental.ca
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