Canadian Magazine Industry News
15 June 2009,     MONTREAL/TORONTO
New boss installed at Transcontinental magazines
Transcontinental Inc. has installed Pierre Marcoux as the head of the company's magazine publishing division, according to a posting on the Canadian Magazines blog. Marcoux, son of Transcontinental Inc. executive board chair and founder Rémi Marcoux, replaces John Clinton, the former advertising executive who became senior VP and general manager of consumer publications at Transcontinental just over a year ago. Clinton will now head the company's digital division.

Pierre Marcoux
The restructuring follows Transcontinental's announcement that it would lay off another 250 workers in the wake of a $144.3 million second quarter loss, but the two stories are unrelated, according to the company's director of communications.

Marcoux has been responsible for Transcontinental's business publications since 2006 and for book publishing since 2008.

He joined the company in 2000 as a journalist for the newspaper Les Affaires, where he held various management positions, including assistant editor and editor-in-chief. In 2003, he was named to the position of director of business development at Transcontinental Media. He is also a member of Transcontinental's management committee and board.

Clinton joined Transcontinental in March 2008 aftter 30-plus years in advertising, most recently as Canadian president and CEO of Grey Advertising.
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