Thursday 5 March 2020 |courtesy TelecomPaper.com
Shaw Communications said it has completed the reorganization programme it started in early 2018, to make the company more efficient and flexible, and to strengthen its free cash flow profil. CEO Brad Shaw said the company has become a more focused, agile and accountable organisation and that this has enabled it to drive “meaningful” productivity improvements in the way it operates and invests.The company also announced the retirement of president Jay Mehr from 9 April, after 25 years of service at the company.
Mehr will be succeeded by Paul McAleese, who will be responsible for overseeing all sales, marketing, base management and customer facing areas of the business, at both the Wireless and Wireline divisions. McAleese joined the company three years ago, at Wireless. CEO Shaw said the company will now focus on evolving from a product-focused organisation to a fully integrated customer-centric organization.
The company also noted that, with the Voluntary Departure Program’s approaching completion, it remains on track to deliver annualised operating and capital savings of USD 200 million. Over 2,900 employees have taken part in the programme since it launched in January 20018. The last remaining exits, of about 200 people, will take place over the coming two months.
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