Corus Entertainment Inc. announced that Doug Murphy, CEO of Corus Entertainment has made the decision to take an early retirement after over 30 years in broadcasting and media, and 21 years with the Company. He first joined Corus in 2003 as Executive Vice President, Business Development and held successively more senior positions until 2015 when he was appointed President and Chief Executive Officer. During his tenure, Mr. Murphy oversaw the transformation of Corus' television portfolio and its expansion in digital media with the launch of STACKTV in 2019, the Global TV App and Pluto TV, among others.

The Board announced to appoint Troy Reeb and John Gossling as Co-Chief Executive Officers. These appointments are effective immediately and reflect the strength of Corus' leadership bench and a forward focus on managing through a challenging environment. Mr. Gossling will also continue in his role as Chief Financial Officer.

Mr. Reeb is a media industry veteran who recently assumed responsibility for studio content, having overseen multi-platform broadcast networks, news and audio since 2019. His tenure at the Company extends 25 years, beginning at CanWest in the Global News division. In his new role, Mr. Reeb will also directly oversee all revenue, marketing, sales and distribution aspects of the Company.

Mr. Gossling is a highly talented finance executive with 35 years of business experience in the media and communications industry. Prior to joining the Company in 2016, Mr. Gossling served as Chief Financial Officer for major telecommunications and media companies and was a partner at a global accounting firm. In his new role, Mr. Gossling will retain his responsibilities as CFO and add oversight of corporate strategy, technology and all other corporate functions.