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Postmedia renews contract of Godfrey

Postmedia Network Canada of Toronto has extended the contract of president and chief executive officer Paul Godfrey to the end of 2020. Godfrey has been president and CEO of Postmedia and its subsidiary Postmedia Network since it was formed in 2010.

"After the successful completion of the company's recent recapitalization transaction and with a view to the future of the business, extending Paul's tenure is a strong sign of support from our new board," said Rod Philips, chair of the board. "Postmedia continues on its transformation path and Paul, who has led Postmedia since its inception, provides important continuity in leadership."

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