CANADA - Torstar Corporation has appointed CIBC Mellon Global Securities Services as the trustee and asset servicing provider for the company's pension and master trust.
D. Todd Smith, treasurer of Torstar, said it was important for the firm to identify a partner that matched its reach and resources.
Thomas C. MacMillan, president and chief executive officer at CIBC Mellon, said it looked forward to supporting the corporation.
Torstar Corporation is a broad-based media company and its businesses include the Star Media Group led by the Toronto Star.
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