The Globe and Mail reports in its Friday edition that Indigo Books & Music chief executive officer Peter Ruis and president Andrea Limbardi have quit. The Globe's Susan Krashinsky Robertson writes that Indigo said in a release that chief financial officer Craig Loudon and general counsel Damien Liddle will "provide day-to-day direction" in the near term. Mr. Ruis has agreed to work with Indigo for two months as a consultant, to support a leadership transition. There has been significant turnover in Indigo's upper ranks in recent months. In June, nearly half of the company's board of directors departed at once, and the company acknowledged in a press release at the time that one of the directors had left because she had lost confidence in the board's leadership and because of "mistreatment." The same day that the board departures were announced, Indigo also said founder Heather Reisman would retire on Aug. 22. Mr. Ruis spent just one year as CEO. He joined Indigo as president in February, 2021, and was promoted to CEO last September, when Ms. Reisman announced she would step back and take on the role of executive chairman of Indigo's board. Indigo lost nearly $50-million in its most recent fiscal year.