Glenn O'Farrell announced yesterday that he will be stepping down as president and CEO of the Canadian Association of Broadcasters early in 2009."It's never easy to move on from something you passionately believe in, but after seven years and a lot of thought, I have concluded it's time for me to take on new challenges," O'Farrell said in a statement. "I have had the opportunity to work side-by-side with truly dynamic entrepreneurs, inspired visionaries and relentless industry builders," he added "And over the years, despite the sometimes challenging circumstances, the CAB has developed a constructive and credentialed relationship with government, and in particular with the CRTC and the Copyright Board."O'Farrell led the CAB through several framework-defining CRTC policy and regulatory proceedings, and assisted the industry in re-setting its overall strategy for copyright proceedings. He joined the CAB as president/CEO in January 2002 from the Global Television Network, where, as senior VP, specialty services, he was responsible for the company's existing cable channels, and for new channels in development. Prior to joining Global, he was VP, legal affairs for Le Réseau Pathonic, a regional television network consisting of TVA affiliate stations outside of Montreal.O'Farrell studied economics and law at St. Francis Xavier University in Nova Scotia and at Université Laval in Quebec City, and has been a member of the Quebec and Canadian Bar Associations since 1983.