The telco’s chair Edward Rogers announced the change of chief executives that was previously thwarted by a family boardroom fight, installing ex-CFO Tony Staffieri in place of Joe Natale. But the appointment is on an interim basis amid a wider search for a permanent CEO—which, the announcement said, could still end up being Staffieri. (The Logic)
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The telco’s chair Edward Rogers announced the change of chief executives that was previously thwarted by a family boardroom fight, installing ex-CFO Tony Staffieri in place of Joe Natale. But the appointment is on an interim basis amid a wider search for a permanent CEO—which, the announcement said, could still end up being Staffieri. (The Logic)
Talking point: Ed Rogers’s sisters and mother, the losers in the family fight over the control of Rogers Communications, denounced the change of CEO, which could presage a more extensive purge of the executive ranks just as the company tries to swallow rival Shaw Communications. Meanwhile, Videotron CEO Pierre-Karl Péladeau is determined to push into markets outside Quebec and compete with the Big Three (Rogers, Bell and Telus), but as an heir himself, he said he sympathizes with the challenges of running a family megabusiness.
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