Torstar Corporation
TSX : TS.B

October 16, 2006 17:53 ET

Jagoda Pike Appointed Publisher of the Toronto Star and President of Star Media Group

TORONTO, ONTARIO--(CCNMatthews - Oct. 16, 2006) - Torstar Corporation (TSX:TS.B) announced today that Jagoda Pike has been appointed as the Publisher of the Toronto Star, effective immediately. Ms. Pike is the 8th publisher in the newspaper's 114 year history. The Toronto Star, founded in 1892, is Canada's largest daily newspaper and has earned more National Newspaper Awards than any other newspaper. Ms. Pike succeeds Michael Goldbloom as Publisher.

Ms. Pike has worked with Torstar Corporation for 20 years, assuming increasingly senior roles in Torstar's newspaper businesses. She has previously served as General Manager of the Toronto Star, Publisher of The Hamilton Spectator and President of CityMedia Group, and, most recently as Executive Vice President, Newspapers for Torstar. She has also served the Canadian Newspaper Association, most recently as Chair from 2004 to 2006. Ms. Pike was born in Croatia and immigrated to Canada as a young child. She attended the University of Toronto and graduated from Osgoode Hall Law School. Ms. Pike was called to the Ontario Bar in 1986.

"Jagoda is our most experienced newspaper executive and is ideally prepared to serve as Publisher of the Toronto Star," said Robert Prichard, President and Chief Executive Officer of Torstar. "She is a skilled leader with abundant energy who knows the Toronto Star and the newspaper business very well. In her previous roles, she has consistently delivered strong financial performance and as Publisher of The Hamilton Spectator, she led award-winning journalism. In 2005, The Spectator received the Canadian Journalism Foundation's Award of Excellence. She has also demonstrated the ability to meet the evolving challenges of the daily newspaper industry by leading innovation and change."

In addition to serving as Publisher, Ms. Pike will be President of the new Star Media Group. The Star Media Group will include the Toronto Star, Torstar's interests in Metro and Sing Tao Daily, Eye Weekly, Toronto Real Estate News, TMG TV, Torstar Syndicate Services and Corporate Information Technology.

"Creating the Star Media Group with Jagoda as its leader will improve alignment among our various properties, simplify our newspaper business and reduce corporate costs," said Robert Prichard. "Combined with changes announced last month, the Metroland Media Group and the Star Media Group now represent our two principal newspaper businesses. Each is a strong business group and they are now better positioned to work together."

"The Toronto Star has helped shape the Canada that has given me this opportunity and I couldn't be more honoured than to serve this vital and progressive Canadian newspaper," said Jagoda Pike. "I first joined the newspaper business at the Toronto Star and it is a pleasure to return now as its Publisher. It is a great newspaper with outstanding talent and a remarkable record of achievement. Together we will extend the Toronto Star's leadership as a great metropolitan newspaper."

Ms. Pike announced the appointment of Fred Kuntz as Editor-in-Chief of the Toronto Star effective October 23, 2006. Mr. Kuntz succeeds Giles Gherson as Editor-in-Chief.

Mr. Kuntz began his newspaper career at the Toronto Star and successfully held numerous senior editorial roles including News Editor, Business Editor, City Editor and Deputy Managing Editor. He served as Associate Editor of The Globe and Mail in 2000 and 2001 before being appointed Group Publisher of Grand River Valley Newspapers that includes The Record in Waterloo Region and The Guelph Mercury. During his leadership, The Record received the Canadian Journalism Foundation's Award of Excellence and the Michener Award for Meritorious Public Service Journalism. Mr. Kuntz is a graduate of Ryerson University.

"I have worked directly with Fred for the past five years and know well his passion for great journalism and excellent newspapers," continued Ms. Pike. "On his watch, Fred has strengthened every aspect of The Record and leaves a legacy of excellence. He knows the Toronto Star and Toronto well and is deeply committed to the Toronto Star's success."

"I am very pleased to return to the Toronto Star's newsroom where I first developed my career in journalism," said Fred Kuntz. "The Toronto Star is a uniquely important newspaper for Toronto and Canada with its progressive voice. We will extend that tradition and reflect the full richness of our community and country."

Michael Goldbloom and Giles Gherson are leaving the Toronto Star effective with the appointments of their successors. "We are grateful for the many contributions Michael and Giles have made together to advance the Toronto Star," said Robert Prichard. "They have inspired important innovations in the newspaper, both in print and online, and the new leadership team will build further on the foundation they have laid. Michael and Giles have been fine leaders and colleagues and we wish them every success in the future."

ABOUT TORSTAR CORPORATION

Torstar Corporation is a broadly based media company listed on the Toronto Stock Exchange: TS.B. Its businesses include newspapers led by the Toronto Star, Canada's largest daily newspaper; Metroland Media Group, publishers of daily and community newspapers in Ontario; digital properties including workopolis.com, toronto.com and LiveDeal.ca; and Harlequin Enterprises, a leading global publisher of women's fiction.

Torstar's news releases are available on the Internet at www.torstar.com

Biographies for Jagoda Pike and Fred Kuntz are attached.

Jagoda S. Pike

Jagoda Pike joined Torstar Corporation in 1986. During her tenure, Ms. Pike has held a broadly diverse portfolio of key leadership positions, affording her a unique perspective on all aspects of Torstar's newspaper publishing operations.

Ms. Pike's appointment as Publisher of the Toronto Star - the first woman to hold that position at Canada's largest daily newspaper - represents a homecoming. She began her career at Torstar in the corporate legal department, but joined the Toronto Star soon after. Over the next decade, Ms. Pike was responsible for such strategic roles as industrial relations, human resources and operations. In particular, she held the positions of Executive Director of Labour and Employee Relations and Vice-President, Operations and Human Resources. In 1999, Ms Pike was named Executive Vice-President, Torstar Daily Newspaper Group. In 2000, she was promoted to the position of General Manager of the Toronto Star.

In 2001, Ms. Pike was named Publisher of The Hamilton Spectator and Senior Vice-President, Regional Daily Newspapers, Torstar Media Group. In addition to her role as Publisher of The Spectator, Ms. Pike was subsequently appointed President of the newly formed CityMedia Group which encompassed three daily newspapers - The Hamilton Spectator, The Record of Waterloo Region and the Guelph Mercury - as well as numerous community newspapers, published under the Brabant and Fairway mastheads, three magazines, and commercial printing operations.

Her tenure as Publisher of The Hamilton Spectator was marked by a culture of innovation and journalistic excellence. During this period, The Spectator received more journalistic honours than at anytime in a generation, including:



- The Canadian Journalism Foundation's Award of Excellence (2005);
- Eight National Newspaper Award nominations, and three National
Newspaper Awards, including two consecutive years when the newspaper
received the industry's top investigative reporting award
(2005 & 2004).


Also during her tenure, The Spectator earned an international reputation as a leader in innovation and cultural change. In 2005, The Spectator was designated a 'Learning Newsroom' by the American Society of Newspaper Editors and the American Press Institute - the only Canadian newspaper to receive such a designation.

Ms. Pike left CityMedia in February 2006 when she was appointed Executive Vice-President, Newspapers, Torstar a role that gave her strategic responsibility for all Torstar newspapers.



Ms. Pike's community and volunteer activity has included:

- Chair of the Canadian Newspaper Association
- Director of Hamilton Health Sciences Corporation
- Trustee of Brock University
- Member of McMaster University's DeGroote School of Business Dean's
Advisory Committee
- Chair and President of the Hamilton 2010 and 2014 Commonwealth
Games Bids


In 2004, Ms. Pike was honoured for her many volunteer efforts in Hamilton when she received the Safe Communities' Spirit of the Community Award.

Ms Pike was educated at the University of Toronto, where she studied economics and, later, at Osgoode Hall Law School, from which she received a Bachelor of Laws Degree in 1984. She was called to the Ontario Bar in 1986.

A native of Croatia, Ms. Pike's family immigrated to Canada when she was a child. She still has extended family in Croatia, and regularly visits Europe. Ms. Pike has lived all of her adult life in the GTA. She is married, and has two children.

J. Fred Kuntz

Mr. J. Fred Kuntz was appointed Editor-in-Chief of the Toronto Star in October 2006. During his 26-year career in journalism, Mr. Kuntz has worked at a number of Canadian daily newspapers including 19 years at the Toronto Star.

Kuntz first worked at the Toronto Star as a copy editor, in 1979-80, while studying journalism at Ryerson University. In 1981, after a year at the Brandon Sun in Manitoba, he returned to the Toronto Star and held numerous positions over the next two decades, including Senior Editor, Business Editor, City Editor, Deputy Managing Editor and Saturday Editor. He was lead editor for many award-winning projects, including the 1998 Michener Award co-winning series on mental illness among Toronto's homeless, and the first two National Newspaper Awards for business reporting won by Toronto Star reporters.

In 2000, he was appointed Associate Editor at The Globe and Mail, where he oversaw news editing, photography and design; and helped implement a redesign of the newspaper.

In 2001, Mr. Kuntz was appointed Group Publisher of Grand River Valley Newspapers, which includes two daily newspapers, The Record in Waterloo Region and The Guelph Mercury. Under his leadership, both papers delivered growth in earnings and readership. In addition, The Record was awarded the 2002 Michener Award for Meritorious Public Service Journalism, the 2003 Canadian Journalism Foundation award for Excellence in Editorial, and numerous Ontario Newspaper Awards. During his tenure, Mr. Kuntz also oversaw the launch of high-quality magazines Grand (lifestyles) and Rex (Business), The Record's conversion to morning delivery in 2002, and the newspaper's move to a design-award-winning new office in downtown Kitchener last year.

Born in Hamilton in 1957 to Dutch immigrant parents, Mr. Kuntz grew up in Etobicoke. He attended the University of Toronto's architecture school for two years, and obtained a BA from Ryerson University's School of Journalism while working part-time at The Toronto Sun and the Toronto Star. He is also an honours graduate of the Canadian Securities Course.

Mr. Kuntz is a hobby painter, working in acrylic on canvas. His community involvement has included service on the boards of the Kitchener Waterloo Art Gallery, the Rotary Club of Kitchener and the Salvation Army Community Advisory Board of Waterloo Region.

His spouse, Elizabeth Kuntz, a lawyer and University of Waterloo adjunct professor, has two children.


Contact Information

  • Torstar Corporation
    Investor Inquiries: D. Holland
    Executive Vice-President and Chief Financial Officer
    (416) 869-4031
    Email: dholland@torstar.ca
    or
    Torstar Corporation
    Media Inquiries: H. Armstrong
    Vice-President Communication and Philanthropy
    (416) 869-4620
    Email: harmstrong@thestar.ca
    Website: www.torstar.com