LIVONIA ? Marketing company Valassis has extended the contract for Chairman and CEO Alan Schultz for three-years to January 2012. Schultz’s previous contract was set to expire on Dec. 31, 2008.

Under Schultz’s leadership, the company has nearly quadrupled revenues

and significantly diversified its customer base and product portfolio. In

March of 2007, he led the company through a $1.2 billion acquisition of

ADVO, the nation’s largest direct mail marketer.

Today, shared mail represents more than half of the company’s revenue, and the significant improvements made to this business have contributed greatly to the

company’s strong financial performance since the acquisition. On May 1,

2008, Valassis reported its third consecutive quarter of earnings growth.

This positive momentum is evidence of the strong strategic rationale behind

the shared mail acquisition and business integration plan.

“I have studied leadership my entire career — as a West Point military

officer, automotive business executive, entrepreneur and board member of

several publicly held companies,” said Board member Joseph B. Anderson Jr.,

Chairman of Valassis’ Corporate Governance/Nominating Committee. “Al stands

out as the highest example of leadership. He had a vision and has led his

team to execute this vision despite significant opposition. Valassis is

fortunate to have a leader of his caliber.”

Wallace Snyder, President and Chief Executive Officer of the

American Advertising Federation, and Valassis Board member, lauds Schultz

for his strategic thinking and positioning Valassis at the forefront of

consumer and client trends.

“He has transformed Valassis from essentially a one-product company serving the consumer packaged goods industry to a global company offering more than 20 products and services to clients in a variety of industries.”

Schultz joined Valassis from Deloitte and Touche in 1984 and has held

leadership positions throughout the company, including sales, marketing,

operations and finance. He assumed his current role at Valassis in 1998.

Valassis is one of the nation’s leading marketing services companies,

offering unparalleled reach and scale to more than 15,000 advertisers. Its

RedPlum media portfolio delivers value on a weekly basis to over 100

million shoppers across a multi-media platform — in-home, in-store and

in-motion. Through its newest offering — redplum.com — consumers will

find compelling national and local deals online.

Valassis is headquartered in Livonia and employs approximately 7,000 associates in 28 states and nine countries.

For more information, click on Valassis.Com

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