Postmedia CFO Doug Lamb to leave firm at end of February

Douglas Lamb, the chief financial officer for Postmedia Network will leave newspaper chain at the end of February. Late last year he was identified as one of five senior executives eligible for a bonus of about $450,000. It’s not clear if this is addition to severance. .Postmedia, like all newspaper operations, is struggling with declining advertising. It has executed several buyout and lay off reductions of staff.