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Rogers Communications Inc
Symbol RCI
Shares Issued 393,771,907
Close 2021-10-27 C$ 58.20
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Globe says three Rogers directors back Edward's account

2021-10-28 07:20 ET - In the News

The Globe and Mail reports in its Thursday edition that three board members who support Edward Rogers in the battle for control of Rogers Communications pushed back against accusations that he presented an inaccurate account in court documents of the performance of chief executive officer Joe Natale. The Globe's Susan Krashinsky writes that Phil Lind, Alan Horn and Robert Gemmell say they and others had long-standing concerns about Mr. Natale's leadership. Mr. Rogers, they said, has the authority to make changes on behalf of the family trust he leads, which holds voting control of the telco. Mr. Rogers's lawyers filed court documents on Tuesday that said he had discussed concerns about Mr. Natale's performance with company directors. The documents also said that his mother, Loretta, and sister Martha Rogers, had both supported his plan to replace Mr. Natale. In a statement on Wednesday, Mr. Gemmell backed Mr. Rogers's account, saying that several board directors had concerns about Mr. Natale "for months and even years." Mr. Gemmell added in a statement, "The discussion surrounding Joe's performance did not begin with Edward," calling for an end to "misguided attacks." Who controls Rogers is now before the court.

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