Edward Rogers has been promoted to Executive Chair at Rogers Communications.
The appointment was unanimously confirmed at a Board of Directors meeting on Wednesday in Calgary. Rogers, 55, will continue to lead the board as he’s done since 2018, with the exception of a one-month gap in 2021 during a family power struggle for control of the company.
“This appointment simply recognizes the role Edward is performing at the company,” said Robert J. Gemmell, Lead Director, in a Rogers announcement. “The company has never been stronger thanks to Tony’s leadership and Edward’s stewardship. Today’s appointment merely formalizes Edward’s role.”
The company says working with the board and CEO Tony Staffieri, Rogers will lead the development and review of its long-term strategy for growth. Staffieri’s responsibilities remain the same and reporting to the board, he’ll continue to run the company.
“The past 10 quarters of industry-leading growth have demonstrated the strength of Tony’s leadership,” said Rogers. “Working with the Board and Tony, I look forward to continuing to support the long-term success of Rogers.”
“I have appreciated the support and advice of Edward over the last several years and look forward to his continued engagement and support on the terrific opportunities that lie ahead for Rogers,” added Staffieri.
Shares of Rogers Communications on the TSX on Thursday were trading down slightly at $54.51.
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