Major shakeup at Rogers Publishing: Canadian Business; MoneySense

[This post has been updated] There's been a major shakeup in the news and business division at Rogers Publishing as Duncan Hood moves over from Canadian Business to be editor of MoneySense; he replaces Jonathan Chevreau, who becomes editor-at-large. He is replaced as editor-in-chief of CB by James Cowan, who had been deputy editor. And two of the longest serving staffers  at CB, managing editor Conan Tobias and senior writer Matt McClearn, were let go. Also gone is Trevor Melanson, an editor at Canadianbusiness.com.

[Update  The Globe and Mail reported that Hood will also have a new role as director of personal finance for Rogers Publishing, responsible for expanding personal finance coverage across all of the company's brands, including such magazines as Chatelaine and Today's Parent.

In an interview, Steve Maich, senior vice-president and general manager, told the Globe

“Frankly, it was primarily about cost savings,” noting that both magazines have “been performing quite well.”  

But Mr. Maich also hopes the leadership changes will help the magazines take advantage of new opportunities with readers. The shift at Canadian Business won’t be radical, but after listening to subscribers and market research, the division is betting its “opportunity to win” is in speaking more directly to executives and entrepreneurs. “It’s a matter of what you choose to emphasize.”]