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Announcement precedes upcoming retirement of current COO Tom Frankowski.
October 7, 2021
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
Quad/Graphics, Inc. announced it will promote Dave Honan to COO from CFO, and Tony Staniak to CFO from VP of finance. This announcement, part of a planned executive transition process, precedes the retirement of current COO Tom Frankowski, who will depart Quad on Dec. 31, 2021, after a 42-year career with the company. “Quad has incredible bench strength on our executive leadership team to continue driving forward our growth and success as a marketing solutions partner,” said Joel Quadracci, Quad chairman, president and CEO. “Over the past many years, Dave Honan has been deeply involved in developing and guiding our remarkable transformation strategy,” added Quadracci. “He led the design of our capital structure and corporate development activity that positively shaped our transformation and put us in a position of increased strength. In his new role, Dave will draw on his previous operations experience in the manufacturing and service industries. He will focus on connecting our entire operational organization to take advantage of the momentum building in our sales and marketing efforts.” “Tony Staniak has been a strong partner to Dave for many years, and is well connected to all parts of our business,” Quadracci noted. “He helped prepare Quad for our launch as a public company in 2010 and, since then, has built out essential functions and processes with a strong focus on talent development. We have tremendous confidence in Tony, and know his experience, knowledge and focus on growth will serve us well.” Frankowski will retire at year-end 2021 after four decades of building Quad into a premier company – first as a commercial printer and, more recently, as a marketing solutions partner. “Tom joined our company in its infancy and guided the development and rapid-fire growth of key areas of our business, including digital imaging, continuous improvement and print manufacturing on a global scale,” Quadracci said. “We cannot thank him enough for his indispensable contributions to Quad and the entire global printing industry. His aptitude for business strategy and relentless innovation propelled us to greatness.” Honan and Staniak assume their new roles on Jan. 1, 2022, and will use the next three months to ensure a seamless transition of responsibilities. Honan, 52, joined Quad in 2009, quickly advancing from corporate controller to CFO. He is credited with building a sophisticated public company finance and accounting function. Previously, Honan was VP, GM at Journal Community Publishing Group, and held executive-level positions at Newell Rubbermaid. Staniak, 48, joined Quad in 2009 as director of external reporting and then assumed roles of increasing responsibility within the company’s accounting and finance departments, including director of internal audit, executive director – financial controller, VP & chief accounting officer, and, most recently, VP of finance. Previously, he had been CFO at Sagence, Inc., a consulting firm specializing in data management and analytics. He began his career in public accounting. Frankowski, 60, joined Quad in 1979, focusing first on Prepress (later called Imaging), where he later built operations into one of the industry’s premier premedia providers. He is credited with engineering Quad’s strategic entrance into the digital era. Throughout his career, he has played an important leadership role in growing the company from a small startup to a global printing leader well-known for innovation.
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