Rob Mason Named CEO Successor at Valassis

Valassis VCI announced the planned retirement of its Chairman, President and Chief Executive Officer, Alan F. Schultz, on December 31, 2011, after 27 years with the company. Mr. Schultz will retain his Chairman of the Board role and has also entered into a three-year consulting arrangement with the company to assist with the leadership transition. This agreement will be effective on January 1, 2012, upon the expiration of Mr. Schultz's current employment contract. The Board of Directors has appointed Rob Mason, Executive Vice President of Sales and Marketing, to succeed Mr. Schultz as Chief Executive Officer and President. In preparation for the transition, Mr. Mason has been appointed to the Valassis Board of Directors effective September 1, 2011. Rob Mason has been with the company since 1995 and has held a variety of leadership positions at the company, including his current position of Executive Vice President of Sales and Marketing, where he is responsible for leading a team of approximately 700 sales and marketing professionals. Previously, he held the positions of President of ADVO (currently the Valassis shared mail business segment) and Chief Sales Officer.