Indigo CEO Peter Ruis resigns

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The up-and-down year at Canadian book retailer Indigo took a new twist on Thursday as CEO Peter Ruis abruptly resigned.

The company made the announcement in a media release Thursday morning, saying that Ruis has resigned from his position, effective immediately.

Indigo “thanks him for his contributions to the company and wishes him well as he moves on to new challenges in his career,” the company said in the release. “Peter has agreed to serve Indigo as a consultant for the next two months to support a smooth transition in leadership.”

After serving as company president for several years, Ruis was named CEO in August

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