TORONTO – Heather Ostertag has retired from her role as president and CEO of the Foundation Assisting Canadian Talent On Recordings (FACTOR), effective immediately.
"I have been proud and privileged to have had the opportunity to be part of FACTOR for the past 33 years”, Ostertag said in her announcement to the board on Friday. “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."
Brian Hetherman, FACTOR’s current VP of industry affairs, will assume the role of general manager until a new president is appointed, the organization said in a statement.
As a private non-profit organization, FACTOR is dedicated to providing assistance toward the growth and development of the Canadian independent recording industry.