Canadian satellite and cable broadcaster Shaw Communications has announced that VP Bradley Shaw will be promoted to CEO on January 13.
He replaces Jim Shaw, who is stepping down after 12 years as CEO, but will remain chairman of the group.
“I believe it…
Canadian satellite and cable broadcaster Shaw Communications has announced that VP Bradley Shaw will be promoted to CEO on January 13.
He replaces Jim Shaw, who is stepping down after 12 years as CEO, but will remain chairman of the group.
“I believe it is time to pass the torch on to a new leader who will take us to the next level,” said the incumbent CEO.
“It is now Brad’s time to lead Shaw Communications into the future. I look forward to focusing my energies on my board duties as we deal with the exciting future that this acquisition offers. The possibilities are endless.”
On October 22, Canadian regulator CRTC gave the green light to Shaw’s C$2bn acquisition of the over-the-air and specialty television businesses of Canwest Global Communications.
TD Securities financially advised Shaw on the transaction and Davies Ward Phillips & Vineberg provided legal advice.
