Rogers Communications (TSX:RCI.B) has ousted several directors on its Board of Directors, including its chairman.
The company, which is currently run by Edward Rogers, is replacing five board directors, John Clappison, David Peterson, Bonnie Brooks, Ellis Jacob and John MacDonald.
In their place, Rogers has appointed Michael Cooper, Jack Cockwell, Jan Innes, Ivan Fecan and John Kerr.
The board shake-up is subject to approval by Rogers' Class A shareholders representing 66.6% of the outstanding voting shares. The Control Trust that Edward Rogers chairs holds 97.53% of those shares, making its approval a formality.
The boardroom drama comes as Edward Rogers attempts to oust the company's current Chief Executive Officer (CEO) Joe Natale, and as Rogers closes its planned $26-billion takeover of Shaw Communications.
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