Rogers CEO Natale resigns after board battle

News General Canada 17 NOV 2021
Rogers CEO Natale resigns after board battle

The CEO of Rogers Communications, Joe Natale is leaving the company with immediate effect, following the recent battle with the Rogers family trust over control of the board. Tony Staffieri has been appointed Interim President and CEO, the company said.

Natale served as CEO since April 2017. In a statement, chairman Edward Rogers thanked Natale "for his leadership and contributions to our company, including paving the way for our future together with Shaw". The chair added that the "experienced interim CEO and leadership team" will help the company return to stability and close the merger with Shaw.

Staffieri has over 30 years of telecom, financial, media and sports experience, including over nine years as the CFO of Rogers. Prior to joining Rogers, he held senior positions at Bell Canada Enterprises, Celestica International and PricewaterhouseCoopers.

The board has begun a search to identify a permanent CEO who is expected to lead the integration with Shaw once the deal closes next year. Staffieri will be a candidate for this role. The next step in the merger approval process is a hearing by the CRTC on 22 November.

Categories:

General

Companies:

Rogers Communications,  Bell Canada,  CRTC

Countries:

Canada

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