Brian Mulroney, chairman of the board of Quebecor World Inc., announced the appointment of Wes Lucas as president and CEO of the company, replacing Pierre Karl Péladeau. Mr. Lucas's appointment is effective May 11, 2006. Mr. Lucas was previously chairman, president and CEO of Sun Chemical.
"In welcoming Wes Lucas to Quebecor World, the Board of Directors and I believe he has the right background and experience to deliver increased value to our customers, shareholders and employees. As the former president and CEO of one of our principal suppliers, Wes has extensive knowledge of the printing industry," said Mr. Mulroney. "This combined with his entrepreneurial and global experience make him an excellent choice to lead Quebecor World."
Prior to joining Sun Chemical in August 2001, he was a vice president in AlliedSignal Corporation's Engineered Materials Sector (now Honeywell), president of Styrenics at Nova Chemicals Corporation, and held several positions at Chevron Corporation. Mr. Lucas has deep strategy and marketing experience as a consultant, as well as entrepreneurial experience with a software company.
Mr. Péladeau is assuming the title of vice chairman of the board and CEO of Quebecor Media Inc. and retaining his position as president and CEO of Quebecor Inc.