(AP) Hollinger Inc., the embattled Canadian holding company formerly led by Conrad Black, has announced the appointment of Paul Carroll as president and chief executive.
Hollinger also said Monday that Robert Metcalfe, who like Carroll has been an independent director of the company, will take the position of executive vice president and chief operating officer.
Gordon Walker remains non-executive chairman of the company, whose main asset is an interest in U.S. newspaper publishing company Hollinger International Inc., which owns the Chicago Sun-Times.
Carroll joined the Hollinger board last August. A lawyer by training, he was president and CEO of Carnarvon Capital Corp., a Toronto investment management and venture capital company
Hollinger ushered out a number of senior executives, including Black, after an internal investigation accused them of looting the company of hundreds of millions of dollars. The company has its own suit pending against Black.