UPFRONT

Transcontinental Loses Execs

MONTREAL—Transcontinental Inc. cited "differences of opinion" as Andre Prefontaine, president of its publishing and distribution subsidiary Transcontinental Media, departed suddenly. Company spokesman Jean Blouin told the Canadian Press the differences came to a head during a recent encounter between Prefontaine and CEO Luc Desjardins. Blouin said the men had the same vision for the media group, but they did not share the same approach. The company also announced the resignation of CFO Daniel Denault, who is leaving to become CFO of Bombardier Recreational Products.