NEW PRESIDENT AT MDC
By Adnews Staff
James Johnson has been named president and chief operating officer of Toronto-based MDC Corp. Inc. The appointment is effective immediately. Johnson will oversee the day-to-day operations of the company, including the implementation of cost-cutting initiatives and the sale of non-core assets. Johnson's background is in financial services and merchant banking. Previous positions include managing partner of Dorset Partners and vice-chairman of Newcourt Capital. Outgoing MDC president Miles Nadal will remain as chairman and CEO of the company.
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