The Canadian Succession: Rogers’ Boardroom Drama Explained

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Guest: Christine Dobby, Business Reporter at The Star

It has been an extraordinary week at the highest level of power at Rogers Communications, one of Canada’s largest telecommunications empires. A battle for control has been going on, pitting Edward Rogers against other members of the family as he attempts to change the CEO of the company and put in his place his handpicked replacement. While that move was thwarted, the power struggle has sparked Twitter storms from Martha Rogers, Edward’s sister, and John Tory, Toronto’s mayor, who have been called in to try to mediate. Now the company appears to find itself with two boards of directors, each of which claims legitimacy. On top of all that, Star’s exclusive reports confirmed that Edward tried to meddle with the Raptors leadership last summer, in a way that may show some patterns in his corporate activism. With 24,000 employees and the ongoing $ 26 billion acquisition of former rival Shaw Communications, the stakes are high for one of Canada’s largest media empires.

Raju Mudhar is a co-host and producer on the Star podcast team. He is based in Toronto. Follow him on Twitter: @rajumudhar
After a week-long boardroom battle over company leadership, corporate directors at Rogers Communications Inc. voted to remove Edward Rogers, right, as president last week.



Reference-www.thestar.com

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