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October 19, 2021

 
 
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Inside Rogers board battle: Wife of late Ted Rogers, Loretta, backs CEO Natale
 

Chris Young/The Globe and Mail

  Inside Rogers board battle: Wife of late Ted Rogers, Loretta, backs CEO Natale
 

Alexandra Posadzki and Andrew Willis

 
Telecom reporter
Rogers family matriarch Loretta Rogers is putting her support behind Rogers Communications Inc. chief executive Joe Natale after her son, company chair Edward Rogers, unsuccessfully attempted to unseat Mr. Natale and several other members of his senior leadership team.
 
Edward Rogers, who is also the chair of the family trust that controls the Toronto-based telecom and media company, wanted to replace Mr. Natale with chief financial officer Tony Staffieri and to oust other executives, The Globe and Mail reported last week. The conflict is likely to be the focus of discussion at next week’s board meeting.
 
The power struggle comes at a crucial time for Canada’s largest wireless carrier, which is spending billions to build 5G wireless networks and has struck a deal to acquire Shaw Communications Inc. for $26-billion, including debt.
 
 
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