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Rogers replaces Natale, Saffieri has been appointed interim CEO by Reuters

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© Reuters. FILE PHOTO: Rogers Communications Chief Financial Officer Tony Staffieri was photographed in Toronto, Ontario, at the Rogers Building in Canada on October 13, 2020. REUTERS / Carlos Osorio

(Reuters) – Rogers Communications Inc. has appointed Tony Staffieri to replace interim chief executive Joe Natale, the company said on Tuesday after a strange public struggle in Canada’s corporate world.

The company said https://refini.tv/3wUZgBx Natal has left the company, which went into effect on Tuesday, and a search for a permanent CEO is underway.

The development comes after a decision by the telecommunications company to remove President Edward Rogers (NYSE 🙂 earlier this month after a court approved a request to form a new board of directors.

The dispute began in September after Edward Rogers, the only son of former founder Ted Rogers, tried to side with Natale Staffieri, saying that Natal had lost confidence in the ability to run a combined entity after a merger with Shaw Communications (NYSE :).

Management blocked Rogers ’move, which left Staffieri company. Attempts to replace the principal contradicted his mother and two sisters, who are directors of the company.

Edward Rogers lost in the ensuing power struggle, and was removed as president of Rogers Communications. He asked the British Supreme Court in Columbia to validate the new list of directors he had appointed, and the court approved it.

“The company has an extraordinary set of assets and the Board has full confidence in its ability to lead Rogers Communications at this time,” Edward Rogers said in a statement on the appointment of the CEO.

The Globe and Mail reported the news earlier.

($ 1 = 1.2557 Canadian dollars)

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