Canada Wide Media Limited has announced that Karen Foss is stepping back from the presidency of the company and is being replaced by Gary Davies, effective in July. Foss has been with the company for 33 years and has been president since 2008; she will continue to be a strategic advisor and will remain on the Canada Wide board.
Canada Wide is one of Canada's larger magazine publishers, a privately held company with revenues of more than $25 million annually. Among its magazines are BCBusiness, Westworld, BCHome & Garden, and the recently launched digital site BCLiving.
"Canada Wide has been a significant part of my life for most of my career," says Foss in a release. "The decision to step down wasn't easy but I know the timing is right both personally and corporately. I have enjoyed working with the extraordinary people at Canada Wide and I have nothing but confidence in the opportunities going forward, and look forward to continuing to assist the organization in achieving them in any way that I can."
Davies is the executive vice-president of RedPoint Media Group Inc. of Calgary, where he has worked for 16 years. Among other responsibilities at RedPoint, Davies was publisher of up! the inflight magazine of WestJet.