Corus Entertainment Appoints John Gossling as CEO, Troy Reeb Steps Down

Corus Entertainment has announced leadership changes, with John Gossling appointed as Chief Executive Officer. Gossling was previously Co-Chief Executive Officer and Chief Financial Officer, and will continue to act as CFO on an interim basis. Troy Reeb has stepped down as Co-CEO to pursue opportunities outside of the Company. The Board also announced the appointment of Jennifer Abrams as Senior Vice President, Content and Marketing.

Corus Entertainment Inc. (TSX: CJR.B) has announced significant changes to its management leadership team. John Gossling has been appointed as the new Chief Executive Officer (CEO), succeeding Troy Reeb who has stepped down to pursue opportunities outside the company. Gossling, who was previously serving as Co-Chief Executive Officer and Chief Financial Officer, will continue to act as CFO on an interim basis [1].

The appointment of Gossling comes as Corus transitions back to a single CEO structure in response to the evolving industry landscape and efforts to stabilize its capital and debt structure. Mark Hollinger, Lead Independent Director and Co-Chair of the Human Resources and Governance Committee, expressed confidence in Gossling's abilities, stating, "John has capably led the Company as Co-CEO and CFO and is an exceptional leader with the strategic experience and skills needed to guide Corus through change in an evolving industry" [1].

Troy Reeb, who had been serving as Co-CEO for over 25 years, has decided to step down. Heather Shaw, non-executive Chair of the Board, thanked Reeb for his leadership and wished him well in his future endeavors. The Board also announced the appointment of Jennifer Abrams as Senior Vice President, Content and Marketing, who will oversee marketing and content creation activities alongside her current responsibilities [1].

The leadership changes reflect Corus' commitment to higher value and sustainable businesses. Jennifer Lee, who will continue to oversee additional operational functions, regulatory and public affairs, and serve as Chief Legal Officer, Chief Administrative Officer, and Corporate Secretary, underscores the company's focus on operational excellence and regulatory compliance [1].

Corus Entertainment, a leading media and content company, develops, delivers, and distributes high-quality brands and content across platforms for audiences worldwide. With a portfolio encompassing 30 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services, Corus continues to innovate and adapt in the ever-changing media landscape [1].

References:
[1] https://www.newswire.ca/news-releases/corus-announces-leadership-changes-842231651.html