Rogers Says CFO Staffieri Departs, Shaw Tie-Up to Proceed (1)

Rogers Communications Inc. said Chief Financial Officer Tony Staffieri has stepped down, leaving the company without one of its longest-serving senior executives as it pursues a $16 billion takeover of a rival firm.

Toronto-based Rogers, Canada’s largest wireless provider by subscribers, gave no reason for Staffieri’s departure in a statement released Wednesday evening. The move is effective immediately.

Staffieri will be succeeded on an interim basis by Paulina Molnar, a senior vice-president who’s been at Rogers for 16 years.

Rogers said the planned takeover of Shaw Communications Inc. “continues to move forward as previously expected.” The deal, announced in ...