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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 5, 1998
Commission file number 1-11802
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WORLD COLOR PRESS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 37-1167902
(State or other jurisdiction of (IRS Employer Identification Number)
incorporation or organization)
340 Pemberwick Rd, Greenwich, Connecticut 06831
(Address of principal executive offices) (Zip Code)
203-532-4200
(Registrant's telephone number, including area code)
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Item 5. OTHER EVENTS
On February 5, 1998, the Company disseminated the press release
attached as Exhibit 99 hereto, which Exhibit 99 is hereby incorporated by
reference as the Company's response to this Item 5.
Item 7. EXHIBITS
99.1 Text of Press Release dated February 5, 1998.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WORLD COLOR PRESS, INC.
(Registrant)
Date: February 6, 1998 By: /s/ Jennifer L. Adams
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Jennifer L. Adams
Executive Vice President, Chief
Legal and Administrative Officer,
Secretary
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EXHIBIT INDEX
99.1 Text of Press Release dated February 5, 1998.
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EXHIBIT 99.1
WORLD COLOR NAMES FORMER ABC, INC. VICE PRESIDENT
AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER
GREENWICH, CT (February 5, 1998) - The appointment of Michael D. Helfand to
Executive Vice President, Chief Financial Officer was announced today by Robert
G. Burton, Chairman, President and Chief Executive Officer of World Color Press,
Inc. (NYSE:WRC).
Prior to accepting the appointment at World Color, Mr. Helfand was a Vice
President for ABC, Inc., a division of the Walt Disney Company, where his duties
included finance, accounting, treasury, and planning, as well as the assessment
of acquisition targets. Immediately preceding his twelve year tenure at ABC,
Mr. Helfand held positions of increasing responsibility at Combustion
Engineering, Inc., and United States Lines, Inc., respectively. Mr. Helfand
replaces Tom Pierno, who resigned from the Company to pursue other business
interests.
IN REGARD TO THE APPOINTMENT, MR. BURTON SAID:
"I have known Mike since he first joined Capital Cities/ABC almost twelve years
ago, and have watched him advance rapidly through an organization that has a
reputation for being one of the most cost conscious, best managed companies in
America. As an integral member of World Color's management team, Mike will play
a critical role in the Company's continued focus on improving margins and growth
through acquisitions and strategic capital expenditures."
World Color, headquartered in Greenwich, Connecticut, is a leader in the
management and distribution of print and digital information. The Company
specializes in the production and distribution of data for customers in the
magazine, catalog, commercial, direct mail, directory and book markets. Founded
in 1903, World Color employs approximately 14,000 employees and operates 41
facilities with a network of sales offices nationwide.
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