Tag Archives: Peter Viner

CanWest CEO Peter Viner retires

WINNIPEG (CP) _ Peter Viner has retired as the president and CEO of CanWest MediaWorks Inc. after 33 years with the CanWest Global Communications Corp. (TSX:CGS) family of companies.

Viner joined CanWest in 1974 and was president and CEO of CanWest Global from 1997 until current CEO Leonard Asper took the helm of the company in 1999.

"We want to sincerely thank Pete for his passion and dedication to CanWest," Asper said Wednesday in a release.

"We are fortunate that we will continue to benefit from his experience and intellect through his ongoing involvement with CanWest."

A successor was not immediately announced and divisional operating heads previously reporting to him will now report directly to Asper.

Viner will continue to advise the company and will stay on as director of a number of CanWest subsidiaries.

The Toronto-based CanWest MediaWorks income fund was taken private by CanWest Global for $495 million last week. It formerly held a 26 per cent stake in Canada’s largest publisher of newspapers.

On the Toronto stock market Wednesday afternoon, CanWest Global shares gained seven cents to $9.16.