Ousted Rogers board chair Edward Rogers holds meeting as internal struggles continue



Smaller font
Descrease article font size

A


Larger font
Increase article font size

A+

The fight for control of Rogers Communications Inc. continues today after a Sunday-evening meeting that included ousted chair Edward Rogers and five new, hand-picked board members.

Edward Rogers’ camp says he was elected chair at that meeting, and he plans to take his case to the British Columbia Supreme Court to affirm it.

The son of company founder Ted Rogers was removed from his position at the helm of the board on Thursday.

His siblings and several other board members say Edward Rogers’ Sunday meeting was illegitimate, because only the board as it existed Thursday has any authority.

Read more:
Rogers rejects potential meeting between ousted chair and his preferred board appointees

But Edward Rogers remains chair of the Rogers Control Trust, the controlling shareholder, which, along with Rogers family members, owns 97 per cent of Class A voting shares.

Story continues below advertisement

Martha Rogers, who also sits on the board, has repeatedly taken aim at her brother on Twitter, describing his Sunday meeting as a “pretend ‘board meeting’.”




© 2021 The Canadian Press

Source