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ADVO Announces New Chief Financial Officer.


Business Editors

WINDSOR, Conn.--(BUSINESS WIRE)--May 9, 2003

ADVO, Inc. (NYSE NYSE

See: New York Stock Exchange
: AD) today announced that it has strengthened its management team with the addition of James Dahmus as Senior Vice President and Chief Financial Officer, effective May 28.

In this role Dahmus will be responsible for oversight
For Oversight in Wikipedia, see Wikipedia:Oversight.


Oversight may refer to:
  • Government regulation — The role of an official authority in regulating a separate authority.
 of ADVO's corporate finance functions, including general accounting, tax, investor and banking relations, and internal audit. He will report directly to Gary Mulloy, ADVO's Chairman and Chief Executive Officer.

Dahmus brings to ADVO more than 20 years of experience in finance and general management, and joins the company from Convergys/Cincinnati Bell, a $2.2 billion diversified diversified (di·verˑ·s  communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. , where he was President, Asia/Pacific. Dahmus joined Convergys in 1995 as Vice President and Corporate Controller, and during his tenure also held the position of Chief Financial Officer of the company's software division.

Prior to joining Convergys, Dahmus spent 15 years at Procter and Gamble in roles of increasing responsibility within finance. He advanced from Financial Manager at one of P&G's plants to Chief Financial Officer of the company's pharmaceutical division, and later increased his business scope as Director of International Finance. Additionally, during his tenure at P&G, Dahmus gained valuable experience in Marketing by spending two years as Brand Manager for Pringle's(TM).

"Jim brings to ADVO a mix of experience in general management, marketing, and finance, and possesses the values that will help him succeed in this very important role," said Mulloy. "I know that he will quickly be able to impact our aggressive growth strategy and I am happy to have him as part of our leadership team," he added.

ADVO is the largest full-service targeted direct mail marketing services company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , with annual revenues of over $1.1 billion. The Company's shared mail advertising programs reach 102 million U.S. households on a weekly and monthly basis. This includes its core ShopWise(TM) branded programs, and the reach of its ADVO National Network Extension (A.N.N.E.) program. Additionally, the Company's SuperCoups(R) advertising solutions provide targeted advertising for local neighborhood businesses. ADVO launched the America's Looking For Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 Its Missing Children(R) program in partnership with the National Center for Missing & Exploited Children and the United States Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval  in 1985, and ADVO's missing child cards are responsible for safely recovering 126 children. ADVO has 23 mail processing facilities and 50 sales offices nationwide. ADVO's corporate headquarters are located at One Univac Lane, Windsor, Connecticut Windsor was the first English settlement in the State of Connecticut, the 5th Colony to receive Statehood in the United States of America. Windsor is a suburban community in Hartford County, adjacent to the north to Connecticut's Capital, Hartford, with a relatively diverse  06095, and the Company can be visited at its Web site at www.advo.com.

This report contains certain forward looking statements regarding the Company's results of operations and financial position within the meaning of Sections 21E of the Securities Exchange Act of 1934, as amended a·mend  
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2.
. Such forward looking statements are based on current information and expectations and are subject to risks and uncertainties which could cause the Company's actual results to differ materially from those in the forward looking statements. Such risks and uncertainties include, but are not limited to: changes in customer demand and pricing; the possibility of consolidation throughout the retail sector; the impact of economic and political conditions on retail advertising spending and our distribution system; postal and paper prices; possible governmental regulation or legislation affecting aspects of the Company's business; the efficiencies achieved with technology upgrades; the amount of shares the Company will repurchase re·pur·chase  
tr.v. re·pur·chased, re·pur·chas·ing, re·pur·chas·es
To buy (something) again.

n.
The act of buying something that one previously sold or owned.

Noun 1.
 in the future under its buyback Buyback

The buying back of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies will buyback shares either to increase the value of shares still available (reducing supply), or to eliminate any threats by shareholders who may
 program; fluctuations in interest rates related to the outstanding debt; and other general economic factors.
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Publication:Business Wire
Geographic Code:1USA
Date:May 9, 2003
Words:583
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