BUSINESS

John Stackhouse Out, David Walmsley In As Globe And Mail Editor In Chief

03/19/2014 12:25 EDT | Updated 03/19/2014 12:59 EDT
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The Globe and Mail announced the appointment of a new editor-in-chief Wednesday morning, capping off a period that has seen rapid management changes at the national newspaper.

David Walmsley, a former Globe national and managing editor who most recently headed up news for the CBC, will be stepping in as editor-in-chief, replacing John Stackhouse, who headed up editorial at the Globe since 2009.

In a memo announcing the change, Globe publisher Phillip Crawley noted that Stackhouse led the newspaper through a period of major upheaval.

"John spearheaded our rapid transition towards delivering more Globe content on digital platforms after the successful relaunch of the newspaper in October 2010. Following this, he was also instrumental in the introduction of Globe Unlimited, our digital subscription product," Crawley said.

Stackhouse's departure from the Globe comes after two other senior editors left the newspaper in recent weeks. Managing editor Elena Cherney left in January to head up the Wall Street Journal's Canada bureau, and Report on Business editor Derek DeCloet left earlier this month to take a job at Rogers Communications.

Like many newspapers dependent on print ad revenue, The Globe has been struggling with a narrowing bottom line and a bumpy shift to online revenue, and has gone through numerous rounds of staff buyouts.

The paper saw a steep initial decline in readership, though Stackhouse said last year the numbers are beginning to recover. The newspaper has been stressing its success in drawing online subscribers, of which there were 90,000 as of last year.

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