Natale out, Staffieri in as Rogers appoints new interim CEO
BNN Bloomberg
Joe Natale has been replaced as chief executive officer of Rogers Communications Inc. less than two weeks after a power struggle was put to bed by a B.C. court.
Joe Natale has been replaced as chief executive officer of Rogers Communications Inc. (RCI) less than two weeks after a power struggle was put to bed by a B.C. court.
In a release Tuesday night, RCI said its board selected Tony Staffieri as its interim president and CEO.
In the release, RCI said its board has launched a search to identify its permanent CEO with a mandate to lead the integration of its planned $20-billion takeover of Shaw Communications Inc.
"I thank Joe for his leadership and contributions to our company, including paving the way for our future together with Shaw,” said RCI Chair Edward Rogers in a release.
“While Joe is moving on, we have an experienced interim CEO and leadership team who will continue to focus on the business, return to stability, and closing our transformational merger with Shaw.”
It's a homecoming for Staffieri, who previously served as RCI's chief financial officer prior to his abrupt departure in late September. His exit was the first domino to fall in a chaotic period for Canada's largest wireless telecom company as details emerged of how Mr. Rogers battled with family members who sit on RCI’s board and other directors over the company’s future and the management team that would be in charge.
