Indigo founder

"The time has come for me to retire from an active role at Indigo," Reisman said in a news release on Wednesday. Heather Reisman, 2022 inductee, poses for a photograph on the red carpet for the 2022 Canada’s Walk of Fame Gala in Toronto, on Saturday, December 3, 2022. THE CANADIAN PRESS/ Tijana MartinOn Aug. 22, she plans to retire. She Her "Deciding when it is time to move on is one of the toughest decisions a Founder must make, but I know this is the right moment for me,” she said. Her departure comes alongside directors Frank Clegg, Howard Grosfield, Anne Marie O'Donovan and Dr. Chika Stacy Oriuwa stepping down. Oriuwa indicated she was resigning “because of her loss of confidence in board leadership and because of mistreatment,” in the Wednesday news release. The physician was “I have full confidence and respect for Peter Ruis, CEO of Indigo, faith in his management team and executive strategy,” Oriuwa told CTV News Toronto on Wednesday. Ruis took over Reisman’s role as CEO in 2022. Indigo was in a state of turmoil earlier this year when a Indigo did not immediately respond to an inquiry about why the remaining directors were leaving. Reisman’s replacement has not been announced. Public Safety Minister Marco Mendicino could not say Thursday why he was not aware earlier about plans to transfer notorious serial rapist and convicted killer Paul Bernardo to a medium-security prison, after it was revealed his office and Prime Minister Justin Trudeau's office knew for months...

Please log in to bookmark this story. Log In Create Free Account Indigo Books & Music Inc. The Toronto-based retailer on Wednesday announced that four of its 10 directors have stepped down: Frank Clegg, Howard Grosfield, Anne Marie O’Donovan and Dr. Chika Stacy Oriuwa. The company also wrote in a release that Dr. Oriuwa resigned “because of her loss of confidence in board leadership and because of mistreatment.” Before her resignation, she had served on the company’s human resources, compensation and governance committee. Indigo founder Heather Reisman has served as executive chair of the board since last September, when she Indigo spokesperson Melissa Perri declined to answer questions about the reason for the directors’ departures. When contacted by e-mail, Dr. Oriuwa declined to provide further information on the nature of the mistreatment or the loss in confidence in the board’s leadership. “I have full confidence and respect for Peter Ruis, CEO of Indigo, faith in his management team and executive strategy,” she wrote. Ms. Reisman did not respond to requests for comment on the matter. All four of those who have departed were independent directors, leaving the Indigo board with three independent and three non-independent directors – the latter including Mr. Ruis; Ms. Reisman’s daughter, Andrea Johnson; and Ms. Reisman’s husband, Onex Corp. Ms. Reisman and Mr. Schwartz, through various companies, own 16,737,265 Indigo shares, or 61.2 per cent of the company, according t...