Canadian book publishing company D&M Publishers has filed for bankruptcy. The company said in a statement: “It is D&M’s intention to carry on its operations during this restructuring process.”
Earlier this year, the company restructured its management. In July, the company’s co-founder Scott McIntyre stepped down from his role as CEO, though he has stayed on as a board member. At that time, Rob Sanders, who founded and built D&M’s Greystone imprint, was promoted to SVP, new business development, international and publisher-at-large, and Jesse Finkelstein was promoted from director of operations and publishing services to chief operating officer.
The Globe and Mail has more: “The Vancouver-based publisher, which publishes under three separate imprints including Douglas & McIntyre, Greystone Books and New Society Publishers, says it will be working with financial advisory services company the Bowra Group to locate an investor or purchaser for its assets.”