OTTAWA, June 7, 2011 (AFP) - The president of The Canadian Press resigned on Tuesday after 14 years leading Canada's national news agency and ally of The Associated Press.
Eric Morrison "is stepping down effective immediately, after the completion of a rigorous two year process for an historical reinvention of the news agency," said a CP statement.
CP's board said it was still looking for a replacement.
The struggling news agency, which employs more than 200 journalists across Canada, was created during the First World War as a non-profit cooperative that allowed its member newspapers to share news stories and photographs.
In November, the parent companies or affiliates of the Toronto Star, La Presse and the Globe and Mail took over its operations after other key CP members quit the cooperative to start their own newswires.
The three long-time CP members announced a plan to turn CP into a for-profit organization.
Morrison, said CP's board, "was the driving force behind technological innovations in areas such as web, mobile and video, which transformed CP into a multimedia news agency, and he was passionate about delivering on the organization's core mission of providing trusted, round-the-clock, real-time news and information in English and French for all media platforms."