Press Release: LBS CEO and Owner Fritz James Retires; Rob Mauritz Takes the Helm
DES MOINES, Iowa — September 6, 2016 — LBS’ Owner and CEO, Fritz James, is retiring after 40 years leading the company. James owned the company until 2014, when he sold it to his employees in an employee stock ownership plan (ESOP). Since then, James has served as CEO and Chairman of the Board, and now moves into an advisory role as Chairman Emeritus.
James is proud to announce that Rob Mauritz has been selected as LBS’ new CEO. Mauritz, a 25-year veteran of the company who has served as President for the past two years will succeed James as CEO, while also retaining the title of president.
The company comprises three divisions. LBS is a manufacturer and distributor of cover materials, endsheets, reinforcing materials and cover board to the book binding, packaging and stationery industries. Corporate Image is a manufacturer of custom printed ring binders, folders and boxes to corporations across the US. Archival Products manufactures preservation and conservation products for the nation’s most prestigious universities, libraries, and museums.