Richard J. Schnieders, chairman and ceo, noted that Cassaday's more than three decades of business experience "will add a new perspective to our Board, expanding our leadership capabilities. His wealth of expertise, not only from his media affiliations, but also from his tenure with several leading packaged goods companies, will make him an excellent addition."
Cassaday, 51, has been president and chief executive officer of Corus Entertainment Inc. since its inception in September 1999 and he served as president and chief executive officer of CTV Television Network Ltd. from 1990 to 1997. Prior to becoming associated with CTV, his career included various executive positions with leading packaged goods companies, including Campbell Soup Company, General Foods and RJR-MacDonald Inc.
Cassaday earned a bachelor of arts degree from the University of Western Ontario in 1976. In 1981 he received his master of business administration degree with Dean's List honors from the University of Toronto's Rotman School of Management, where he was honored in 1998 as their most distinguished alumni. Cassaday and his wife, Mary, have three children and reside in Toronto.