TORONTO, Ontario (April 27, 2021) – Torstar announced today a series of executive leadership moves that are effective immediately.
- Torstar President and CEO John Boynton is moving to the role as Vice Chair, NordStar Capital, the holding company for Torstar, and President, Digital, NordStar. In this new role, Mr. Boynton will be working with NordStar co-owners Jordan Bitove and Paul Rivett on a number of exciting digital initiatives.
- Lorenzo DeMarchi, Chief Investment Officer of Torstar, has been appointed CEO of Torstar on an interim basis. Mr. DeMarchi also held the position of Executive Vice President and Chief Financial Officer of Torstar from 2009 to 2020.
- Ian Oliver, President of Metroland and Executive Vice President, Torstar, will become CEO and co-owner of a new group of companies that will initially consist of Metroland Parcel Services and will focus on growth of related e-commerce businesses. He will report directly to the Chair of NordStar. Metroland Parcel Services, which was launched in November 2020, is a fast-growing business that provides final-mile delivery of parcels for major retail clients to 147,000 Ontario postal codes and 70 per cent of Ontario households.
Pary Bell, Senior Vice President of Commercial Products & Sales Operations, Torstar, is the new President of Eyereturn Marketing, a leading provider of best-in-class digital marketing solutions.