EXHIBIT 99.2
FOR: Consolidated Graphics, Inc.
CONTACT: Tara Taranto
Consolidated Graphics, Inc.
Investor Relations Manager
(713) 787-0977
Betsy Brod/Karen Pagonis
Media:Jennifer Kirksey
Morgen-Walke Associates, Inc.
(212) 850-5600
FOR IMMEDIATE RELEASE
CONSOLIDATED GRAPHICS APPOINTS CHARLES F. WHITE AS PRESIDENT AND
CHIEF OPERATING OFFICER
HOUSTON, TEXAS - July 26, 2000 - Consolidated Graphics, Inc. (NYSE:CGX)
today announced the appointment of Charles F. White to the position of President
and Chief Operating Officer. Mr. White, 54, joins Consolidated Graphics after a
successful 32 year career with Unisource Worldwide, the market leader in sales
and distribution of printing paper and supplies in North America. While at
Unisource, he held a variety of sales and management positions and was most
recently President and Chief Operating Officer. Mr. White attended North Texas
University and the Management School at Notre Dame.
"Charles perfectly complements the strong management team already in
place," stated Joe R. Davis, Chairman and CEO. "He not only has related industry
experience and relevant management experience in leading a large
acquisition-based organization, but brings with him a leadership style which
will be extremely well received and effective in our culture. I am confident he
will contribute a great deal to our team and the achievement of our revenue and
earnings growth goals."
"I am looking forward to joining Consolidated Graphics and working with the
entire management team to accomplish our stated objectives. I believe my
industry knowledge will allow me to make an immediate contribution on a wide
variety of issues. I am fortunate to have the opportunity to work with such an
excellent and established management team leading a commercial printing company
already at the top of the industry," stated Mr. White.
-MORE-
<PAGE>
CONSOLIDATED GRAPHICS APPOINTS CHARLES F. WHITE AS PRESIDENT AND
CHIEF OPERATING OFFICER Page 2
Consolidated Graphics, Inc. is the largest sheet-fed commercial printing
company in the United States. Through its network of locally managed printing
companies in 25 states, the Company produces high-quality, customized printed
materials for a broad customer base that includes many of the most recognized
companies in the country. Consolidated Graphics also offers an extensive and
growing range of digital and Internet-based services and solutions marketed
through CGXmedia.com. Consolidated Graphics is focused on adding value to its
operating companies by providing financial and operational strengths, management
support and technological advantages associated with a national organization.
For more information, visit the Company's Web site at
www.consolidatedgraphics.com.
This press release contains forward-looking statements, which involve known
and unknown risks, uncertainties or other factors that could cause actual
results to materially differ from the results, performance or other expectations
implied by these forward-looking statements. Consolidated Graphics' expectations
regarding future sales and profitability assume, among other things, stability
and reasonable growth in the economy and in the demand for its products, the
continued availability of raw materials at affordable prices, retention of its
key management and operating personnel, as well as other factors detailed in
Consolidated Graphics' filings with the Securities and Exchange Commission.
# # #
