Quad/Graphics Inc (asi/232306) has a new president.

Dave Honan will take on an expanded role in addition to his current role as COO at the Sussex, WI-headquartered provider of packaging, in-store and marketing experience solutions.

In his expanded role, Honan will oversee day-to-day operational leadership across Quad’s business units and help advance its strategic vision and growth priorities.

Joel Quadracci, who has served as president and CEO since 2006 and chairman, president and CEO since 2010, will continue in the role of chairman and CEO.

“This evolution of our leadership structure supports Quad’s ongoing development as a company committed to solving marketing complexity at scale,” Quadracci said. “During his 17 years with the company, Dave has consistently demonstrated exceptional leadership in his various roles. Most recently, as COO, he has done an excellent job overseeing operational leadership of our manufacturing platform. I look forward to our continued partnership in his expanded role as he focuses on disciplined execution of our growth initiatives.”

Honan started at Quad in 2009 and has held various executive leadership roles during his tenure, including chief accounting officer and chief financial officer. In his expanded role, he will oversee day-to-day operational leadership across Quad’s business units. He’ll also work alongside the company’s executive team to advance its strategic vision and growth priorities.

“I’m honored by this opportunity and the confidence Joel and the Board of Directors have placed in me,” Honan said. “Quad has an incredible legacy and exciting future. Our team’s dedication to helping clients navigate the evolving marketing landscape is unmatched, and I’m excited to lead our day-to-day operations as we work to accelerate our momentum. I look forward to partnering with Joel to drive growth, empower our talented teams and deliver exceptional value for our clients and shareholders.”

“During his 17 years with the company, Dave has consistently demonstrated exceptional leadership in his various roles. I look forward to our continued partnership in his expanded role as he focuses on disciplined execution of our growth initiatives.” Joel Quadracci, Quad (asi/232306)

Honan’s appointment to president comes as Quad reports its Q4 and full-year earnings for 2025. While annual net sales were down by approximately 4.8% compared to 2024, Quad generated $51 million of free cash flow, cut net debt, executed buybacks and increased quarterly dividend by 33%. Adjusted EBITDA was $196 million in 2025, decreasing by $28 million from the year prior.

“In 2025, we made significant operational progress and delivered solid financial results, achieving our full-year financial guidance,” Quadracci said. “While reported sales declined as planned, we generated strong cash flow, reinforcing our ability to invest in long-term growth, reduce debt and provide strong shareholder returns.”

The company has made consistent progress toward diversifying its offerings to include targeted print – including direct mail, packaging and in-store – and integrated marketing services. The firm also entered the promo market in March of last year.

“Strong demand for these solutions is driving larger, more strategic engagements with leading brands, which we believe will support sustainable long-term growth,” Quadracci said.

With 10,000 employees in 10 countries, Quad serves approximately 2,100 clients and is ranked as one of the largest commercial printers in North America by Printing Impressions, a publication of ASI partner PRINTING United Alliance.