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.