Cinar prexy-CEO Usher to ankle

World Brief

Cinar prexy-CEO Barrie Usher said Tuesday he will exit the troubled kidvidder on Sunday, as announced in April.

Usher was brought onboard two years ago to pick up the pieces after Montreal-based Cinar’s co-founders, Ron Weinberg and Micheline Charest, were ousted amid allegations of tax fraud and offshore investment of millions of dollars of company assets.

“The majority of business and legal challenges we faced in setting the affairs of the company in order have all been addressed,” Usher said. “Under the circumstances, I feel the time is right for me to step aside.”

Senior VP and chief financial officer George Rossi will fill Usher’s post until a replacement has been named.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading