Connect with us

Hi, what are you looking for?

Tech

Ousted Rogers board chair Edward Rogers re-elected as chair in ‘illegitimate’ meeting

Ousted Rogers board chair Edward Rogers re-elected as chair in ‘illegitimate’ meeting

The fight for control of Rogers Communications Inc. continues Monday 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


You May Also Like

World

France, which has opened its borders to Canadian tourists, is eager to see Canada reopen to the French. The Canadian border remains closed...

Health

Kashechewan First Nation in northern Ontario is experiencing a “deepening state of emergency” as a result of surging COVID-19 cases in the community...

World

The virus that causes COVID-19 could have started spreading in China as early as October 2019, two months before the first case was identified in the central city of Wuhan, a new study...

World

April Ross and Alix Klineman won the first Olympic gold medal for the United States in women’s beach volleyball since 2012 on Friday,...