TORONTO — Rogers Communications Inc. has named two of the Rogers siblings to the top two board positions of the business founded by their father, the late Ted Rogers.
Edward Rogers, currently the deputy chair, will become chair of the board and Melinda Rogers will become deputy chair as of Jan. 1, the Toronto-based communications giant said Thursday. The Rogers family is the controlling shareholder of the company.
Rogers will replace long-time family friend Alan Horn, who will remain on the board. Horn, who gave a eulogy at Ted Rogers funeral, was the chief financial officer for more than 15 years before moving to the board.
“The company is in great shape, there is great momentum in the business and the company is being led by an outstanding CEO in Joe Natale,” Horn said in a statement.
“This is the right time for the board to make the planned transition of the chair’s role to Edward.”
Edward Rogers is the chair of the Rogers Control Trust, the Rogers Bank and the Toronto Blue Jays. He’s also on the board of Maple Leaf Sports & Entertainment. He has worked in management roles at Rogers for 20 years, including a stint as president of Rogers Cable.
Melinda Rogers is vice-chair of the Rogers Control Trust and founder of Rogers Venture Partners. She also chairs the Jays Care Foundation and Texture by Next Issue Media. She spent 15 years in management roles at Rogers, including senior vice president of strategy and development.
Both Edward and Melinda lost their operational roles in 2014 under the leadership of then-CEO Guy Laurence. At the time, the board approved the decision to remove them from daily operations given Laurence was hired to shake things up. But the decision started friction with the family.
Ultimately, Laurence was fired because his vision and leadership style conflicted with the family. Horn acted as interim chief executive officer for six months after firing Laurence because Natale, the former Telus Corp. CEO hired in his place, couldn’t start right away due to a non-compete agreement.
“On behalf of the board and the entire Rogers team, I would like to thank Alan for his terrific leadership as our chair,” said Edward Rogers. “I look forward to working with the board to support Joe and the management team as they deliver on the strategic vision for Rogers.”
Rogers stock has jumped more than 25 per cent this year on the strength of its wireless and internet products.EdwardRogers,MelindaRogersnamedchair,deputychairRogersCommunicationsInc.