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The transfer raises the stakes within the household feud at considered one of Canada’s greatest telecom firms
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Oct 21, 2021 • 10 minutes in the past • 1 minute learn • Join the conversation
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Rogers Communications Inc. Chairman Edward Rogers is making an attempt to switch 5 board members with a slate of his personal administrators, escalating the battle for management at Canada’s largest wi-fi and cable agency.
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The son of firm founder Ted Rogers is looking for to switch present administrators David Peterson, Bonnie Brooks, John MacDonald, Ellis Jacob and John Clappison with 5 of his personal selections, in line with individuals conversant in the matter, asking to not be recognized as a result of the matter is non-public.
The transfer raises the stakes within the household feud at Toronto-based Rogers. It began final month when Edward Rogers tried to oust Chief Govt Officer Joe Natale. The trouble was defeated by a majority of the board — together with his sisters and his mom, Loretta Rogers.
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Since then, the board has sought to constrain the chairman’s energy, making a committee to set the foundations by which he can work together with Natale and different senior executives. That committee consists of three individuals — MacDonald, Clappison and his sister Melinda Rogers-Hixon, who has backed the CEO.
Edward Rogers’ nominees for the board embrace Toronto actual property government Michael Cooper, Jack Cockwell, Jan Innes, Ivan Fecan, and Jake Kerr, the individuals stated.
A consultant for Rogers Communications couldn’t be instantly reached for remark.