The book and lifestyle retailer founder, who officially retired on Aug. 22, will also rejoin the company’s board, but not as chair. The move comes after Peter Ruis abruptly resigned as CEO less than two weeks ago. (The Logic)
Talking point: Indigo shares soared nearly 26 per cent on the Toronto Stock Exchange on Monday, closing at $1.70 apiece. Former chief operating officer Gil Dennis said in a LinkedIn post that he also resigned today. The company announced that Craig Loudon will be taking on the role of COO along with his current role of chief financial officer. Board member Markus Dohle, who was most recently CEO of publishing giant Penguin Random House, has been appointed chair. Before Reisman retired, she was the board’s executive chair. When Indigo announced her departure, it simultaneously said four board members stepped down, with Dr. Chika Stacy Oriuwa citing “loss of confidence in board leadership” and “mistreatment” among her reasons. At the time, Dr. Oriuwa told The Logic she had “full confidence and respect” for Ruis.
