Canada’s Rogers Communications said today that Founder and CEO Ted Rogers has died after suffering from congestive heart failure. He was 75.
Known as a visionary communications industry pioneer and an icon in Canadian business, he was known for his indefatigable drive. He built Rogers Communications from one FM radio station into a North American leader in cable, wireless, broadcasting and publishing. He also was a philanthropist and owner of the Toronto Blue Jays.
Rogers Vice Chairman Phil Lind, who worked alongside Rogers for almost 40 years, said in a statement: “Our sincerest condolences to Loretta, the children and the grandchildren. He will be missed by so many. Though Ted was relentless in business and building this company over the years, he was also very much a family man. His impact on family, community and country was as impressive as his business success.”
The company said he was surrounded by loved ones when he died at his home in Toronto.
Rogers’ successor will be picked by the Rogers Board of Directors, which intends to form a special committee to lead the search. In the meantime, Alan Horn, chairman, will continue to serve as acting CEO.