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Toronto Star
2 days ago
- Business
- Toronto Star
Corus Entertainment shakes up management, reverts to single CEO
TORONTO - Corus Entertainment Inc. will once again be led by a sole chief executive officer after one of the two men holding that title stepped down. Co-CEO Troy Reeb is moving on from the company after more than 25 years. John Gossling, who had been co-CEO and chief financial officer, is to take on the top job solo. Gossling will also continue to serve as chief financial officer on an interim basis. ARTICLE CONTINUES BELOW Lead independent director Mark Hollinger says the switch-up was due to the evolving industry landscape as well as the company's efforts to get its finances in order. Corus owns 30 specialty television services, 36 radio stations and 15 conventional television stations, as well as digital and streaming platforms. In April, the company reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago. This report by The Canadian Press was first published June 4, 2025. Companies in this story: (TSX: CJR. B)
Globe and Mail
2 days ago
- Business
- Globe and Mail
Corus Entertainment reverts to single CEO as Troy Reeb steps down
Corus Entertainment Inc. CJR-B-T will once again be led by a sole chief executive officer after one of the two men holding that title stepped down. Co-CEO Troy Reeb is moving on from the company after more than 25 years. John Gossling, who had been co-CEO and chief financial officer, is to take on the top job solo. Gossling will also continue to serve as chief financial officer on an interim basis. Corus says Heather Shaw to retire as executive chair, will remain non-executive chair Lead independent director Mark Hollinger says the switch-up was due to the evolving industry landscape as well as the company's efforts to get its finances in order. Corus owns 30 specialty television services, 36 radio stations and 15 conventional television stations, as well as digital and streaming platforms. In April, the company reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago.
Winnipeg Free Press
2 days ago
- Business
- Winnipeg Free Press
Corus Entertainment shakes up management, reverts to single CEO
TORONTO – Corus Entertainment Inc. will once again be led by a sole chief executive officer after one of the two men holding that title stepped down. Co-CEO Troy Reeb is moving on from the company after more than 25 years. John Gossling, who had been co-CEO and chief financial officer, is to take on the top job solo. Gossling will also continue to serve as chief financial officer on an interim basis. Lead independent director Mark Hollinger says the switch-up was due to the evolving industry landscape as well as the company's efforts to get its finances in order. Corus owns 30 specialty television services, 36 radio stations and 15 conventional television stations, as well as digital and streaming platforms. In April, the company reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago. Weekly A weekly look at what's happening in Winnipeg's arts and entertainment scene. This report by The Canadian Press was first published June 4, 2025. Companies in this story: (TSX: CJR. B)
Yahoo
2 days ago
- Business
- Yahoo
Corus Entertainment shakes up management, reverts to single CEO
TORONTO — Corus Entertainment Inc. will once again be led by a sole chief executive officer after one of the two men holding that title stepped down. Co-CEO Troy Reeb is moving on from the company after more than 25 years. John Gossling, who had been co-CEO and chief financial officer, is to take on the top job solo. Gossling will also continue to serve as chief financial officer on an interim basis. Lead independent director Mark Hollinger says the switch-up was due to the evolving industry landscape as well as the company's efforts to get its finances in order. Corus owns 30 specialty television services, 36 radio stations and 15 conventional television stations, as well as digital and streaming platforms. In April, the company reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago. This report by The Canadian Press was first published June 4, 2025. Companies in this story: (TSX: CJR. B) The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
