Edward Rogers seeks to replace five directors at Rogers Communications

0

TORONTO — Edward Rogers, chair of the family trust that controls Rogers Communications, says he intends to replace five members of the board of directors in an escalation of a boardroom fight that saw him replaced as chair of the wireless and cable company.

He wants to remove John Clappison, David Peterson, Bonnie Brooks, Ellis Jacob and John MacDonald from the Rogers board and replace them with Michael Cooper, Jack Cockwell, Jan Innes, Ivan Fecan and John Kerr.

Edward Rogers was replaced as chair of Rogers Thursday after media reports that he tried but failed to put former chief financial officer Tony Staffieri into the role of CEO and replace other members of the leadership team.

The plan to replace Rogers CEO Joe Natale was blocked by other members of the board, including Rogers’ sisters and mother, multiple reports say.

In a statement, Edward Rogers says he is disappointed with recent events and commentary regarding the governance of the company and has lost confidence in the Rogers board as currently constituted.

The company said in a statement that it was concerned that the trust would seek to make a fundamental change in such an unusual way. It added that it had not yet received any documentation from Edward Rogers or the trust regarding the board member changes and that it would consult with its counsel if and when that happened.