People/Biz

Cassaday to step down as Corus Entertainment head

John Cassaday (pictured) is to retire as president and CEO of Canada's Corus Entertainment at the end of March, with COO Doug Murphy replacing him.
January 13, 2015

John Cassaday (pictured) is to retire as president and CEO of Canada’s Corus Entertainment at the end of March, with COO Doug Murphy replacing him.

The succession plans were unveiled by Corus on Monday (January 12), with Cassaday having held the reins at the Canadian media giant for 15 years.

“Under John Cassaday’s strategic leadership, Corus has grown and created a diversified portfolio of powerful brands, encompassing television, radio and content assets, which have delivered significant long-term value to shareholders and customers over the past 15 years,” Heather Shaw, executive chair, said in a statement.

Shaw is part of Calgary’s Shaw family, which is the controlling shareholder of Corus.

Murphy has been with Corus for 12 years, and came up through its Nelvana subsidiary. He expanded his responsibilities to Corus’s kids TV networks in 2008, before becoming president of Corus Television in 2010.

Murphy became COO in 2013, while adding the radio division to his oversight.

“After 15 years as president and CEO of Corus and with my current contract coming to an end, this is the right time for me to move on to other opportunities knowing that Doug is ready to take on the position,” Cassaday said.

About The Author
Daniele Alcinii is a news reporter at realscreen, the leading international publisher of non-fiction film and television industry news and content. He joins the rs team with journalism experience following a stint out west with Sun Media in Edmonton's Capital Region, and communications work in Melbourne, Australia and Toronto. You can follow him on Twitter at @danielealcinii.

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