The son of Rogers Communications founder Ted Rogers said he’ll go to court in British Columbia, where Rogers is incorporated, to validate that a new board installed by the family trust he heads is the legitimate leadership of the telecom company—and not the board backed by the rest of the Rogers family directors. (The Logic)
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The son of Rogers Communications founder Ted Rogers said he’ll go to court in British Columbia, where Rogers is incorporated, to validate that a new board installed by the family trust he heads is the legitimate leadership of the telecom company—and not the board backed by the rest of the Rogers family directors. (The Logic)
Talking point: If Rogers were a country, it would be in a full-blown constitutional crisis, with competing power centres insisting they are in control and issuing statements in the company’s name. For now, the board members who removed Ed as chair last week are the ones whose news releases the telco is posting to its website. In related news, the Toronto Star reported that Ed wanted to get rid of Toronto Raptors president Masai Ujiri last summer, in a prelude to his attempt to oust Rogers CEO Joe Natale in September; board member Martha Rogers compared herself to Arya Stark (presumably making her brother the demonic Night King of “Game of Thrones”). Rogers shares closed nearly six per cent lower Monday.
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