Rogers boardroom battle: Meet the players


Rogers Communications Inc., in addition to members of the Rogers household and their associates, have been in the information amid a wrestle for board management. A few of the key players are:

Ted Rogers: From starting in FM radio and cable tv, Ted Rogers constructed a telecommunications empire and certainly one of Canada’s most recognizable company manufacturers. He died in 2008 with an in depth plan to separate his private wealth from the day-to-day operating of the firm via a separate belief. The Rogers Management Belief owns 97 per cent of Rogers Communications’ Class A voting shares and holds voting management of the firm “for the advantage of successive generations of the household of the late Ted Rogers.”

Loretta Rogers: Ted Rogers’ widow (they married in 1963) and mom of their kids Lisa, Edward, Melinda and Martha. She has a seat on the firm board and is and advisory member of the Rogers Management Belief.

Edward Rogers: Ted Rogers’ son Edward was chair of Rogers Communications till final week, when the board voted to take away him. Edward then named 5 new board administrators to interchange present members, which he says is allowed as a result of his function as chair of the Rogers Management Belief. Edward held a gathering with the revamped board on Oct. 24 at which he was re-elected chair. Different members of the Rogers household dispute the legitimacy of his actions, which Edward Rogers says he’ll provoke courtroom proceedings to substantiate.

Melinda Rogers-Hixon: Ted Rogers’ daughter and deputy chair of the board. She additionally has a seat on the Rogers Management Belief, of which she is vice-chair. Like Edward, who as soon as ran the cable arm of Rogers. Melinda has earlier expertise as a company govt at the firm, together with as a senior vice-president.

Martha Rogers: A member of the Rogers Management Belief advisory committee and member of the firm’s board, Martha holds a health care provider of naturopathic drugs diploma and is a member of a number of charitable boards, together with holding the chairs of each the Rogers Basis and World Poverty Mission Canada.

Joe Natale: Previously chief govt of rival telecommunications firm Telus, Natale has led Rogers since 2017. Media experiences have described a rift between Edward Rogers and Natale, whom Edward unsuccessfully tried to interchange with former chief monetary officer Tony Staffieri.

Tony Staffieri: Beforehand Rogers’ chief monetary officer. Staffieri left the firm efficient Sept. 29, with Paulina Molnar named interim CFO. Edward Rogers unsuccessfully tried to interchange Natale with Staffieri, media experiences say.

John Tory: The Toronto mayor has long-standing ties to the Rogers household courting again to his personal father, who was a pal and adviser to Ted Rogers. Tory, who was a pallbearer at Ted Rogers’ 2008 funeral, is a former Rogers Cable president and a member of the Rogers Management Belief.

Extra board members: Edward Rogers says he has efficiently changed John Clappison, David Peterson, Bonnie Brooks, Ellis Jacob and John MacDonald on the Rogers board with Michael Cooper, Jack Cockwell, Jan Innes, Ivan Fecan and John Kerr, after which he was returned to his function of chair. The opposite members of the Rogers household dispute the legitimacy of those strikes. John MacDonald was named board chair when Edward was initially eliminated on Thursday, and MacDonald has reiterated his assist for Natale and the present govt administration of the firm.

This report by The Canadian Press was first printed Oct. 25, 2021.

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Rogers boardroom battle: Meet the players Source link Rogers boardroom battle: Meet the players

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