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Rogers Communications announces the change of CFO

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Maria Gill
Maria Gill
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Tony Staveri will leave Rogers on September 29, 2021

Paulina Molnar has appointed interim financial director

Shaw’s transaction continues as planned

The company’s results will be presented on October 21. Will align with forecasts made on July 21

TORONTO, September 29, 2021 (GLOBE NEWSWIRE) — Rogers Communications announced today that Tony Staveri, the company’s chief financial officer, will be leaving Rogers effective September 29, 2021. Paulina Molnar has been appointed as interim chief financial officer.

“On behalf of the Rogers team, I thank Tony for his extensive contribution to our business, including ensuring the integrity of our financial reporting, during the nearly ten years he has been CEO. We wish him all the best for the future and look forward to it,” said Joe Natale, President and CEO of Rogers Communications. To build on the strong foundation he helped lay for us.”

Paulina Molnar will take over as interim financial director. She has worked with Rogers for 16 years and is currently the Senior Vice President of Monitoring and Risk Management. As the interim CFO, she will draw on 26 years of experience in the field, particularly in the areas of financial control, business support, internal audit, risk management, business, business continuity and corporate security.

Rogers Communications Inc. will present its financial results for the third quarter of 2021 to the investment community on Thursday, October 21, 2021 at 8 a.m. (ET). The results will be in line with expectations given on July 21.

About Rogers
Rogers is a proud Canadian company dedicated to empowering Canadians every day. Our founder, Ted Rogers, bought his first radio station, CHFIMC, in 1960. Rogers has grown into a leading position in technology and media. It is dedicated to providing the best wireless, residential, sports and media content to individuals and businesses here. Its shares are listed on the Toronto Stock Exchange (TSX) under the symbol RCI.A and RCI.B and on the New York Stock Exchange (NYSE) under the symbol RCI.

Caution regarding forward-looking statements
This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding the expected results and possible outcome of the proposed transaction with Shaw Communications Inc. By their nature, forward-looking statements require Rogers to make assumptions and expectations and are subject to risks, uncertainties and other factors (many of which are beyond our control), which result in the possibility that actual results or events will differ materially from our express or implied expectations in accordance with these forward-looking statements. Therefore, readers are cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are made in accordance with the safe harbor provisions of applicable Canadian and US securities laws. Except as required by law, Rogers disclaims any intention and obligation to update or revise any forward-looking statements.

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