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John Gossling, who had been co-CEO and chief financial officer, is to take on the top job solo.

Gossling will also continue to serve as chief financial officer on an interim basis.

Lead independent director Mark Hollinger says the switch-up was due to the evolving industry landscape as well as the company's efforts to get its finances in order.

Corus owns 30 specialty television services, 36 radio stations and 15 conventional television stations, as well as digital and streaming platforms.

In April, the company reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago.

This report by °µÍø½ûÇø was first published June 4, 2025.

Companies in this story: (TSX: CJR. B)