Hog
03-11-2009, 03:01 PM
I think it will eventually be Nadir Mohamed. He's been around forever:
Read this from the Globe:
Let's start with the fun stuff: The rumours about future leadership at Rogers Communications.
Three months after the passing of legendary Ted Rogers, the board of Canada's largest cable and wireless company still hasn't announced a new chief executive. There is a beauty contest, run by well-qualified judges. But there is no winner, and a decision is overdue. (If you haven't read it, pick up the book Ted Rogers wrote with Bob Brehl. It's terrific.)
The information vacuum weighs heavy on the stock, leading to all sorts of chatter, and more than a little heartburn for Rogers shareholders. In the absence of facts, there's a whole lot of speculation that 39-year-old Edward Rogers will soon be running the show. This noise is not playing well in the market.
With wireless central to Rogers' future success, there was a sense on the Street that telecom veteran and company president Nadir Mohamed would quickly be handed the top job. Each passing day gives outsiders new opportunities to second guess that assumption.
Of late, the gossip among bankers is that Edward Rogers has told the board he wants to be the next CEO. Along with running the cable division, Ted Rogers' son is now chairman of the trust that controls the company. He has clout.
The more subtle take on this line of speculation is that Edward Rogers wants to restructure executive roles, so he is effectively running the company, while Mr. Mohamed takes an operational role. There's a strong sense Mr. Mohamed will walk if he had to check in with Edward Rogers every time he wants to open a can of Coke. Respected wireless executives don't stay unemployed for long.
http://www.theglobeandmail.com/servlet/story/RTGAM.20090311.WBstreetwise20090311152602/WBStory/WBstreetwise
Read this from the Globe:
Let's start with the fun stuff: The rumours about future leadership at Rogers Communications.
Three months after the passing of legendary Ted Rogers, the board of Canada's largest cable and wireless company still hasn't announced a new chief executive. There is a beauty contest, run by well-qualified judges. But there is no winner, and a decision is overdue. (If you haven't read it, pick up the book Ted Rogers wrote with Bob Brehl. It's terrific.)
The information vacuum weighs heavy on the stock, leading to all sorts of chatter, and more than a little heartburn for Rogers shareholders. In the absence of facts, there's a whole lot of speculation that 39-year-old Edward Rogers will soon be running the show. This noise is not playing well in the market.
With wireless central to Rogers' future success, there was a sense on the Street that telecom veteran and company president Nadir Mohamed would quickly be handed the top job. Each passing day gives outsiders new opportunities to second guess that assumption.
Of late, the gossip among bankers is that Edward Rogers has told the board he wants to be the next CEO. Along with running the cable division, Ted Rogers' son is now chairman of the trust that controls the company. He has clout.
The more subtle take on this line of speculation is that Edward Rogers wants to restructure executive roles, so he is effectively running the company, while Mr. Mohamed takes an operational role. There's a strong sense Mr. Mohamed will walk if he had to check in with Edward Rogers every time he wants to open a can of Coke. Respected wireless executives don't stay unemployed for long.
http://www.theglobeandmail.com/servlet/story/RTGAM.20090311.WBstreetwise20090311152602/WBStory/WBstreetwise