April 12 (Reuters) - Proxy advisory firms ISS and Glass
Lewis have recommended investors in Canada's Rogers
Communications ( RCIAF ) to vote against reappointing Chairman
Edward Rogers due to lack of enough women on the company's
board, Bloomberg News reported on Friday.
Only three of 14 directors on this year's director slate are
women - short of the minimum target of 30% set by the two proxy
advisory firms, the report said.
In January, Deputy Chair Melinda Rogers-Hixon and Martha
Rogers decided to retire from the Canadian telecom giant's board
as part of a private settlement between the members of the
founding family.
Melinda Rogers-Hixon and Martha Rogers had voted to oust
Edward Rogers as chairperson of the company after he tried to
replace the then-CEO Joe Natale with his confidant and current
CEO Tony Staffieri.
The wireless carrier was previously embroiled in a boardroom
battle in 2021, weighing on the stock and raising doubts about
the fate of a multibillion-dollar takeover of Shaw
Communications.
Rogers, ISS and Glass Lewis did not respond to a Reuters
request for comment.