An executive search firm has been hired to find the right candidate for the joint position of president and CEO of Torstar and publisher of the Toronto Star. Torstar Corp.’s chief executive David Holland has decided to retire later this year after a seven-year tenure as head of the company he served for three decades. Holland, 58, said he plans to depart later this fall and is committed to ensuring an orderly and successful transition. John Honderich, chair of the Torstar board of directors, thanked Holland for his “dedication, determination and strategic insight” in a separate note to staff. “From a personal perspective, this is the right time for me to retire.”“After a very fulfilling 30-year career at Torstar, I am announcing today with mixed emotions that I am retiring as president and CEO,” he told staff in an internal memo Wednesday.

Source: thestar July 06, 2016 12:00 UTC