December 15th, 2024

Indigo founder Heather Reisman returns as CEO of retailer

By The Canadian Press on September 18, 2023.

Indigo Books & Music Inc. says founder Heather Reisman has returned to the retailer as chief executive officer. Reisman speaks during an announcement of her and her husband Gerald Schwartz's donation to the University of Toronto to help fund a new innovation Centre on campus, in Toronto, Monday, March 25, 2019. THE CANADIAN PRESS/Cole Burston

TORONTO – Indigo Books & Music Inc. says founder Heather Reisman has returned to the retailer as chief executive officer.

She fills the void left by the abrupt resignation of Peter Ruis from the top job earlier this month.

Reisman had served as chief executive until last year, when Ruis took over, and retired from the Indigo board last month.

As part of her return to the company, Reisman was also reappointed to the board.

The retailer also announced that Craig Loudon, Indigo’s chief financial officer, has been appointed chief operating officer.

In his new role, the company says he will continue to act as the chief financial officer and lead the finance team.

This report by The Canadian Press was first published Sept. 18, 2023.

Companies in this story: (TSX:IDG)

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