ADVO Elects New Chief Financial Officer.WINDSOR, Conn.--(BUSINESS WIRE)--Nov. 10, 1997--ADVO, Inc. (NYSE NYSE See: New York Stock Exchange : AD) announced today that its Board of Directors, has elected Donald E. McCombs, 41, to the position of Senior Vice President and Chief Financial Officer, reporting to Robert Kamerschen, Chairman and Chief Executive Officer. The position had been open for several months. Mr. McCombs had been Vice President - Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and Measurement of ADVO, and has been with the Company in various executive capacities for ten years. He is a graduate of Miami University Miami University, main campus at Oxford, Ohio; coeducational; state supported; chartered 1809, opened 1824. The library has extensive collections in literature and American history, including the William Holmes McGuffey Library and Museum and the Edgar W. (Ohio) and has an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Management from Indiana University Indiana University, main campus at Bloomington; state supported; coeducational; chartered 1820 as a seminary, opened 1824. It became a college in 1828 and a university in 1838. The medical center (run jointly with Purdue Univ. . Mr. Kamerschen said, "After an extensive search, we concluded that Don McCombs was the first and best choice for this position. His extensive knowledge about ADVO and his proven financial and overall leadership skills qualify him superbly to handle this important function." ADVO is the nation's largest full-service targeted direct mail marketing services company with annual revenues of over $1 billion. ADVO specializes in shared and solo direct mail services and provides customized Microtargeting(R) solutions for its clients' needs. The Company's Mailbox Values(R) branded shared mail program is distributed nationally to over 61 million households weekly. An additional 16 million households can be reached on a shared mail basis through ADVO's National Network Extension (ANNE). ADVO also offers transportation services. It has 19 mail processing facilities and 70 sales offices nationwide. ADVO's corporate headquarters are located at One Univac Lane, Windsor, CT 06095. ADVO can now be visited at its web site at www.advo.com. CONTACT: ADVO, Inc. David Stigler Senior Vice President, Legal and Public Affairs Those public information, command information, and community relations activities directed toward both the external and internal publics with interest in the Department of Defense. Also called PA. See also command information; community relations; public information. 860/285-6120 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion