Charles G. Cavell, president and CEO of Quebecor World Inc., plans to retire in April 2003. Christian M. Paupe, executive vice president, CFO and chief administrative officer, plans to explore other opportunities and will leave the firm about May 2003.
To help transition the change, Michel Desbiens has been named to the newly created position of CEO, international operations. Prior to its June 2000 merger with Donohue Inc., Desbiens had been president and CEO of Donohue Inc, the company said.
In September, the company announced that John Paloian, president, magazine/catalog and David Boles, president, retail and Sunday magazines would assume the roles of co-chief operating officers, North America for Quebecor.
Desbiens, Paloian and Boles are expected to progressively assume full responsibility for the operating management of the company, the firm said.
As part of its ongoing succession plan, Quebecor is conducting an extensive review to that the necessary executive talent is in place to lead the company going forward.