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Corus Entertainment names new president and CEO

John Cassaday will retire from the position of president and chief executive officer of Toronto-based Corus Entertainment on March 30 after 15 years. Doug Murphy, currently chief operating officer, will be promoted to these positions. Murphy joined Corus in 2003 as executive vice-president of business development of Nelvana. He was later promoted to executive vice-president and general manager of Corus Kids. He became president of Corus Television in 2010 and COO in 2013. Prior to joining Corus, Murphy spent ten years at The Walt Disney Company in Canada, the United States and Japan.

"The board fully supports this well-planned transition," said Heather Shaw, executive chair of Corus. "John and Doug have worked closely together for over 10 years and we're confident that Doug will continue Corus Entertainment's legacy of growth and success. In his new role, Doug, the board and our strong executive team will continue to build Corus' market position and will remain focused on delivering great value to our shareholders."

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