Ex-Rogers CEO Joe Natale suing company for wrongful dismissal, seeking $24 million

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 50%

Business News News

Business Business Latest News,Business Business Headlines

Former Rogers CEO Joe Natale is suing the company for wrongful dismissal and breach of contract, alleging Rogers chairman Edward Rogers carried out 'malicious, high-handed, and oppressive conduct.'

Former Rogers CEO Joe Natale is suing the company for wrongful dismissal and breach of contract, alleging Rogers chairman Edward Rogers carried out"malicious, high-handed, and oppressive conduct."

In a statement of claim filed with the Ontario Superior Court of Justice on Thursday, Natale accuses Edward Rogers and his wife Suzanne Rogers of attempting to"tarnish his reputation" following his ouster in 2021. That includes an accusation that they hired actor Brian Cox of HBO’s"Succession" to create a"demeaning" video about the ex-CEO, which included a message congratulating Edward Rogers on his “real-life Succession at Rogers Communications" that they allegedly distributed and that was eventually reported on by media.

He says he and his firm Natale Industries Inc. are entitled to a combined $24 million, including $4 million from an unpaid bonus related to the closing of Rogers' acquisition of Shaw Communication Inc. in April. In a statement, Natale spokesman Bill Walker of MidtownPR said"it is unfortunate that Rogers will not honour its commitments made to Mr. Natale" which were designed to ensure continuity during the Shaw merger.This report by The Canadian Press was first published Aug. 18, 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Glencore earnings cut in half but CEO says things are healthyCompany is still planning to acquire other mining operations to improve its global stake in transition metals
Source: sudburydotcom - 🏆 6. / 89 Read more »

Transnet CEO Fears Major Job Losses in Trucking Industry After Road Demand FadesSouth Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead to catastrophic job losses in the road transport sector when factors ease, according to the head of the state-owned port and rail company.
Source: BNNBloomberg - 🏆 83. / 50 Read more »