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Stock impact report

Edward Rogers won control but squandered a chance to diversify Rogers Communications’ board [Toronto Globe and Mail (Ontario, Canada)]

Rogers Communication, Inc. (RCI) 
Last rogers communication, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.rogers.com
Melinda Rogers-Hixon is right. Rogers Communications Inc. has corporate governance problems. Chief among them, as she plainly points out in a recent interview , is a glaring lack of diversity on the company’s board of directors. In fact, her brother Edward Rogers, a fellow director who recently won a legal battle with her and other relatives for control of the storied telecommunications company, squandered an opportunity to diversify its roster of directors when he rushed to reconstitute the board with his loyalists. It’s a problem that won’t go unnoticed by investors, who are pushing for more diversity on boards across corporate Canada. Rogers, of course, isn’t just any public company. It’s a behemoth in a crucial industry. And if its proposed acquisition of Shaw Communications Inc. for $26-billion including debt is approved, it will get a whole lot bigger. The Rogers family feud: From a butt-dial to a B.C. Supreme Court case, here’s what’s happening inside Canada’s biggest teleco Show less Read more
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