Torstar Corporation
TSX : TS.B

Torstar Corporation

November 15, 2007 09:25 ET

Torstar Corporation: Leadership Transition at Metroland Media Group

TORONTO, ONTARIO--(Marketwire - Nov. 15, 2007) - Torstar Corporation (TSX:TS.B) announced today that Murray Skinner, President of Metroland Media Group, will retire effective July 1, 2008 and that Ian Oliver will succeed him as President on that date. Mr. Oliver currently serves as Executive Vice-President, Metroland Media Group and Publisher of the Hamilton Spectator.

"Murray Skinner has served Metroland Media Group and Torstar Corporation with remarkable commitment and effectiveness for 32 years," said Robert Prichard, President and CEO of Torstar Corporation. "On his watch, Metroland has grown and thrived to emerge as Torstar's largest business. In his eight years as President, Murray has built on Metroland's culture of entrepreneurship and innovation, expanding the company's geographic reach, products and services. He has also been an exemplary leader, respected throughout Metroland by its 4,300 employees. We are very grateful for all he has done and wish him good health and much happiness as he takes his very well earned retirement.

Ian Oliver has worked at Metroland for 23 years and has been a Publisher since the age of 27. During his career at Metroland, he has assumed ever increasing responsibilities culminating in his appointment as Executive Vice-President and Group Publisher for Metroland West and Publisher of the Hamilton Spectator last year. He is a graduate of Sheridan College and holds an MBA from the University of Leicester.

"Ian Oliver is the natural successor to Murray Skinner and ideally prepared to lead Metroland," said Robert Prichard. "In appointing Ian, the Board of Directors is recognizing his exceptional business and leadership skills developed over the past 19 years as a Publisher. His record of innovation and growth reflect the best of Metroland's culture and business model. He has the experience necessary to continue Metroland's enviable record of growth and the ambition necessary to take Metroland to new heights of achievement."

"Between now and next July, Murray and Ian will be working closely together," said Robert Prichard. "By announcing Murray's retirement and Ian's appointment well in advance, we expect to ensure a seamless transition of leadership."

About Torstar Corporation

Torstar Corporation is a broadly based media company listed on the Toronto Stock Exchange (TS.B). Its businesses include the Star Media Group led by the Toronto Star, Canada's largest daily newspaper, and digital properties including thestar.com, toronto.com, LiveDeal.ca, Workopolis and Olive Canada Network; Metroland Media Group, publishers of community and daily newspapers in Ontario; and Harlequin Enterprises, a leading global publisher of women's fiction. Torstar's news releases are available on the Internet at www.torstar.com.

Biography - Ian Oliver

Ian Oliver has been a publisher with Metroland since the age of 27.

With the amalgamation of the former CityMedia Group into Metroland in September 2006, Ian was appointed to the position of Publisher, The Hamilton Spectator, Executive Vice-President of Metroland, and Group Publisher Metroland West Media Group. In this position Ian oversees an operation that includes Metroland's 3 daily newspapers, The Hamilton Spectator, The Record and Guelph Mercury, more than 15 Community Newspapers, including the Oakville Beaver and Burlington Post; one of Canada's largest shows groups, Premier Consumer Shows; a specialty publication division; a magazine division; and 4 print facilities.

In addition to these responsibilities Ian has helped oversee the acquisition, integration and expansion across the Metroland footprint, of Gold Book, print and on-line directories.

As well as his involvement and leadership in Metroland's expansion into non-core products such as Consumer Shows and Magazines, Ian has played a key role in Metroland's geographic expansion. Ian led the launch of Metroland's (and Canada's) largest community newspaper, becoming the Founding Publisher of Niagara This Week.

Along with organic growth, Ian has identified and completed more than a dozen acquisitions for Metroland.

Ian has been extensively involved in Metroland's overall strategy serving as a member of Metroland Strategic Planning Committee, the Torstar Newspaper Group (TNG), the Gold Book Advisory Board, and Metroland's Publishers' Advisory Committee.

Under Ian's stewardship the Daily and Community Newspapers of Metroland West have won numerous awards for newspaper excellence and community involvement. Newspaper awards include the Canadian Journalism Foundation 'Excellence in Journalism' award, the Canadian Community Newspapers Association 'Best All-Round Newspaper' award, and the Ontario Community Newspaper Association 'Best Community Newspaper in Ontario' award. In 2006 The Oakville Beaver won 17 awards in the Suburban Newspapers of America, Advertising and Promotions Contest - the most by any community newspaper in Canada or the United States.

Digital awards include 'Best Site Architecture and Overall Design' in the 2007 SNA's Local Community Website contest. The award for Site Architecture and Overall Design was based on the website's usability, features and connection to the community it serves; and also the award for 'Best Advertising Initiative' for the on-line version of the Burlington Community Guide.

Community awards include the 'United Way of Oakville Business of the Year' award and the 'Elizabeth Eisenhower Lifetime Contributor' award from the Canadian Cancer Society. This National award acknowledges 'exceptional contributions to the Canadian Cancer Society with the highest level of recognition.'

Ian arrived from England in 1977, completed his high school education in Nova Scotia, attended the College of Cape Breton, graduated from Sheridan College's 2-year advertising program and received his MBA from the University of Leicester (U.K.).

Married with two children, Ian, aged 46, lives in Oakville. Formerly a competitive soccer and rugby player, Ian now enjoys golf, recreational basketball and traveling with his family.

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