TORONTO - Stephen Tapp, the lead executive of CHUM Ltd.'s television division is leaving the company, it was announced today.
Jay Switzer, president and CEO made the announcement today that the company is eliminating Tapp's position of executive vice-president, television, "as part of an ongoing review of CHUM Television's management structure and operations. This review is part of a continuous process for improving CHUM's business units," says the press release today.
Tapp will be leaving the company as of August 31, 2004. The company expects to announce a new management structure of its television division in the near future. In the interim, CHUM television station management will report to CHUM Television vice-president, finance and administration, Peter Palframan.
"This is a particularly difficult announcement given Stephen's important contribution during his last eight years with CHUM's Television group. We have come to this decision amicably and with the shared belief that this is in the best interest of the company," said Switzer in a statement.
The move comes just 17 months after the company last shook up its upper ranks
(when the members of the Waters family, who control the company, stepped aside) and promoted Tapp to his now-former position.
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