Dennis Skulsky, Chief Executive Officer of the CanWest newspaper group, the largest chain of newspapers in Canada, has announced he will be stepping down from his job to spend more time with his family and pursue other opportunities closer to his home province of British Columbia.
Skulsky will be leaving the company effective April 30, but will remain an advisor to the company. Skulsky previously managed Canwest’s B.C. newspaper and television operations. A seasoned media executive with more than 30 years in the industry, Skulsky has held numerous senior management roles in Edmonton, Toronto and Vancouver.
In other CanWest news, the company announced it has initiated the second phase of its court-appointed sale process. The Ontario Superior Court extended the restructuring deadline in early February until April 14. Phase 2 will include management presentations, site visits and further due diligence following which interested parties will be asked to submit binding transaction proposals.
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