VAUGHAN, ON—A management buyout at Prodigy Graphics sees former chief financial officer Gordon McCauley take over as president. Past owner Najib Jamal shifts to general management and advisory roles.

"Having built this business over the past 22 years, the time is right to further its development by passing control to its leadership team," Jamal said in a company release.

"For years, this team has helped build Prodigy into a premier trade printer and with their vast experience and knowledge, the right people are now in perfect position to service our clients and indeed all stakeholders."

Last year, Jamal was one of 25 individuals charged in connection with a multimillion dollar fraud and money-laundering case. "There is no basis upon which this guy is anything less than completely innocent," his lawyer Richard Goldman told PrintCAN in July.

"This is an important day at Prodigy and we are extremely excited," said McCauley. "The only change our clients will see is an increase in support and attention as we strive to exceed their expectations."

"The new Prodigy is rock solid and everyone here is eager to please our clients," he added. No major changes to the business or its operations are in the works as of yet, though McCauley notes a new visual identity could be in the cards.

A trade printer with both sheetfed and web printing capabilities, Prodigy Graphics opened its doors in 1976. Its clients include print resellers, brokers, agencies, graphic designers and commercial printers.