Kevin Bent, the publisher of Vancouver's biggest newspapers, has left to pursue "other opportunities."
The Vancouver Sun and The Province publisher has resigned his post, said a Monday announcement from parent company Postmedia. National Post president Gordon Fisher is replacing him.
"Kevin’s contributions to the organization are known to many and appreciated by all. We wish Kevin the very best," Postmedia CEO Paul Godfrey said in a news release.
Bent was appointed publisher of the Vancouver Sun and The Province in 2006, the Sun reported.
Bent previously served as senior vice-president of sales for Canwest Mediaworks, Postmedia's predecessor. Prior to that he was PNG's vice-president of sales.
The move comes as Postmedia continues to get bad news about its financial performance. The company reported a $28.4-million loss in its fourth quarter.
Postmedia organizational announcement:
A major focus of this year’s business strategy is to redefine our organization and today we announced changes to the senior management group.
Gordon Fisher, is appointed to the role of President and Publisher, Pacific Newspaper Group. This marks a return to Vancouver for Gord who once served as Managing Editor of The Vancouver Sun. I have great confidence that Gord will be able to parlay the successes he has had in Eastern Canada and bring his insights and passion to our BC operations.
This appointment follows Kevin Bent’s decision to leave the organization to pursue other opportunities. Kevin’s contributions to the organization are known to many and appreciated by all. We wish Kevin the very best.
Publishers will now report into Wayne Parrish, our Chief Operating Officer, as we continue to evolve our business model and strive to deliver on our mission:
To be Canadians’ go-to destination for information, perspectives and engaging conversations. To be the first choice for advertisers seeking insightful and results-driven programs. To offer the most compelling experiences for audiences and advertisers across our four platforms: print, web, tablet and smartphone.
Our success will best be achieved with everyone working collaboratively to accelerate our transformation with the ultimate goal of Postmedia becoming a more profitable, nimbler and future-focused company.
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Canada's 7 Media Giants
Postmedia - $1.1 Billion
Postmedia was born in 2010, when the bankrupt Canwest media chain was broken up. A consortium led by then-National Post CEO Paul Godfrey bought Canwest's newspaper assets, including the National Post, Ottawa Citizen and Calgary Herald, as well as both English-language dailies in Vancouver.<br> <br> Pictured: Postmedia CEO Paul Godfrey<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em>
Torstar - $1.48 Billion
Torstar's flagship property is the Toronto Star, Canada's largest newspaper. It also owns the Metroland chain of weeklies and the internationally popular Harlequin, publisher of pulp romances.<br> <br> Pictured: The Toronto Star building in downtown Toronto.<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em>
Shaw - $4.74 Billion
Western Canadian cable TV giant Shaw entered the media big leagues with the 2010 purchase of Canwest's broadcasting assets, including the Global TV network. The company was founded by Jim Shaw and is still controlled by his family.<br> <br> Pictured: CEO Brad Shaw<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em><br> <br> <em>CORRECTION: An earlier version of this slide stated that Shaw had purchased Canwest's newspaper assets. It only purchased the broadcasting assets. The company had backed out of an earlier attempt to buy three CTV stations.</em>
Quebecor - $9.8 Billion
Founded by Pierre Peladeau and run by his son, Pierre-Karl Peladeau, Quebecor owns the Sun Media and Osprey newspaper chains, as well as cable provider Videotron, Quebec TV network TVA, and a number of publishing houses.<br> <br> Pictured: Pierre-Karl Peladeau<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em>
Rogers - $12.1 Billion
Founded by Ted Rogers, Rogers Communications is a major player in cable TV and wireless services. The company controls Rogers Media, which operates 70 publications, 54 radio stations and a number of TV properties including CityTV and the Shopping Channel.<br> <br> Pictured: CEO Nadir Mohamed<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em>
Woodbridge (Thomson Reuters) - $13.8B
Woodbridge is the holding company owned by the billionaire Thomson family. It controls 55 per cent of Thomson Reuters, one of the world's largest news services organizations. Woodbridge's revenue is not reported, but Thomson Reuters reported revenue of $13.8 billion in 2011.<br> <br> Pictured: The late Kenneth Thomson, company chairman, in Toronto in 2003.<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em>
Bell Canada (BCE) - $18.1 Billion
BCE is one of Canada's largest corporations, and owns telephone, Internet and TV infrastructure. Its subsidary Bell Media purchased the CHUM group of radio stations in 2006, and Astral Media in 2012. The company also controls CTV, making it a dominant media player in Canada.<br> <br> <em>*Number denotes latest available revenue figure, for parent company</em>