R.R. Donnelley COO John Paloian to Retire (RRD)

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.

link

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.