The President and CEO of FACTOR, Heather Ostertag announced her retirement today at the Annual General Meeting of FACTOR.
In her announcement to the Board of Directors Ostertag said, "I have been proud and privileged to have had the opportunity to be part of FACTOR for the past 33 years. The opportunities afforded to me have been incredible and for this, I will be ever grateful. However, the time has come to move on. I wish the Board of Directors and Staff of FACTOR all the best and look forward to our paths crossing in the future."
In response to Heather's announcement, the FACTOR Board of Directors stated that they appreciate Heather's commitment to the Canadian music industry and the passion she had for her role at FACTOR. The Board looks forward to building on her legacy in their continued commitment to support Canadian Music.
"During the 33 years of service to FACTOR that Heather has provided, she has been instrumental in the success of the Canadian music industry and Canadian artists. She leaves FACTOR on a high note and with an incredible legacy that the Board will ensure continues for many years," stated Pegi Cecconi, FACTOR Chair.
Effective immediately Heather will step down as President and CEO, however will be available to FACTOR as an advisor. Brian Hetherman, the current VP, Industry Affairs will assume the role of General Manager until a new President is appointed.