Tech

Edward Rogers asks B.C. court to validate new board family says is illegitimate

The son of late Rogers Communications Inc. founder Ted Rogers is searching for a ruling from B.C.’s Supreme Courtroom that may
legitimize an organization board he shaped by changing 5 of its members.

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Edward Rogers’ mom Loretta Rogers and sisters Melinda Rogers-Hixon and Martha Rogers declare the board is illegitimate and doesn’t adjust to legal guidelines in B.C., the place the corporate is integrated.

They and a number of other different associates say the one legit model of the Rogers board is the one which existed final week, earlier than Edward Rogers changed 5 administrators with folks of his selecting.

Learn extra:
Rogers family drama: What to know and why you should care

Edward Rogers was ousted from his position as board chair, however he stays on the helm of his household’s belief, which controls 97 per cent of the agency’s Class A voting shares and 10 per cent of excellent Class B shares.

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He has been on the centre of an influence wrestle since media studies revealed he was plotting to present Rogers’ former chief monetary officer Tony Staffieri the job of CEO Joe Natale, a transfer some household and board members oppose.

The continued feud has left Rogers in a state of uncertainty because it awaits regulatory approvals for a $26-billion takeover of rival Shaw Communications Inc.




© 2021 The Canadian Press




https://globalnews.ca/information/8327122/edward-rogers-bc-court-new-board/ | Edward Rogers asks B.C. courtroom to validate new board household says is illegitimate

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