Skip to main content

The Globe and Mail

Yellow Media board beefs up with heavyweights

In the aftermath of a disastrous year, Yellow Media has installed some banking and restructuring heavyweights to help turn the company around.

David Leith, the former head of investment banking at CIBC World Markets, and Bruce Robertson, formerly of Brookfield Asset Management and AbitibiBowater are now on board to help the company transition from a print base to a digital base.

Mr. Leith has loads of corporate experience, with current board seats that including MTS, and Mr. Robertson is particularly adept at restructurings, considering he has been the chief restructuring officer at AbitibiBowater.

Story continues below advertisement

Yellow Media has also brought Craig Forman, a digital exec, on to its board, to help with the transition away from print.

The task won't be easy. Not only have profits taken a big hit, Yellow Media had to sell Trader Corp., its main asset, last March. Now, the company is effectively starting from scratch and has lost a lot of its brand recognition.

Report an error
About the Author
Reporter and Streetwise columnist

Tim Kiladze is a business reporter with The Globe and Mail. Before crossing over to journalism, he worked in equity capital markets at National Bank Financial and in fixed-income sales and trading at RBC Dominion Securities. Tim graduated from Columbia University's Graduate School of Journalism and also earned a Bachelor in Commerce in finance from McGill University. More

Comments are closed

We have closed comments on this story for legal reasons. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.