R.R. Donnelley COO John Paloian to Retire

On Thursday, R.R. Donnelley & Sons (NASDAQ: RRD  ) announced that Chief Operating Officer John R. Paloian will leave that post Dec. 31. He is retiring after more than 25 years in the industry and more than five years as the company's COO, according to the company. He will remain an employee of the company until May 31.

Group President Daniel L. Knotts will take over as COO effective Dec. 31. As group president since April 2007, Knotts has been responsible for global sales, operations, information technology, logistics, financial services, business process outsourcing operations, strategic sourcing, and environmental, health and safety.

In a filing with the SEC, R.R. Donnelley said Knotts' compensation will be unchanged. Knotts, 48, joined RR Donnelley in 1986 and his roles with the company have included CEO of the company's global financial services offering.


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Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

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