Bowne Gives Nod to Shea

The executive will become president at the printing and outsourcing company.
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Bowne (BNE) named David J. Shea president and said he would serve on the board.

Shea will direct the operations of the financial print and outsourcing segments, as well as the company's operations and technology platforms.

"Since joining Bowne in 1998, Dave has been a driving force within the company, first within our outsourcing segment, which has experienced tremendous growth under Dave's leadership, and most recently in Bowne Enterprise Solutions, the digital print group within our financial print division," said interim chief Phil Kucera. "Dave brings to this position proven leadership, a wealth of experience, and strong strategic thinking."

Shea, 48, had been CEO of Bowne Business Solutions, Bowne's outsourcing segment, and Bowne Enterprise Solutions since November 2003.

Bowne said its board is conducting an executive search for a permanent CEO, considering both internal and external candidates. The board anticipates announcing the result of that search by the end of the year.

On Monday, Bowne slipped 14 cents to $13.26.