Postmedia Network Canada Corp. has announced chief executive Paul Godfrey’s successor, naming a fast-rising executive its “designated survivor” should any unexpected change occur at the company. Andrew MacLeod, 46, will add Mr. Godfrey’s president role to his current work as chief operating officer. But his promotion does not signal that Mr. Godfrey intends to leave the company early, the CEO says. The rest of the executive team will report to the joint office of the president and CEO. Mr. Godfrey’s tenure as CEO, which began in 2010, is scheduled to last another three years. “You don’t wait until the end of 2020 when you’re walking out the door. You do it well in advance,” Mr. Godfrey, 78, said, describing Mr. MacLeod as his “designated survivor.” “I won’t be abdicating. We’ll be working together. … I have every intention of fulfilling the terms of my contract.” — Globe and Mail
