Corus Entertainment Inc. CJR-B-T says Heather Shaw will retire from her position as executive chair as of May 31.
The radio and television broadcaster says Shaw will remain on the company’s board as a non-executive chair.
Shaw has been executive chair since the company’s inception in September 1999.
Corus co-chief executive Troy Reeb says Shaw has been an important part of Corus’ history, helping to steward the company through significant milestones and an ever-changing industry.
Corus owns a portfolio including 30 specialty television services, 36 radio stations and 15 conventional television stations as well as digital and streaming platforms.
Last week, the company reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago.