This is the first disclosure of Rogers’s salary as executive chairman of Rogers Communications Inc.
Edward Rogers speaks during an unveiling of the new renovations completed to the Rogers Centre in Toronto, on April 6, 2023.Edward Rogers is on track to earn more than $5-million in 2025 in his new role of executive chairman of
The company set Mr. Rogers’s annual base salary at $3-million, according to the company’s management information circular filed Friday. He received just over $1-million in salary in a partial year’s work in 2024.In September the company granted him an award of 60,000 shares valued at $3.2-million. He received another 60,000 shares on March 3, worth about $2.4-million, records from the System for Electronic Disclosure by Insiders show. Rogers confirms that this is an annual award.
Mr. Rogers owns about $90-million worth of the company’s shares in total. This does not include his portion of the holdings of the Rogers Control Trust, through which the family maintains voting control of the company, which is currently worth over $5.8-billion. Rogers president and chief executive officer Toni Staffieri was paid total compensation of about $14.1-million in 2024. This included a salary of just under $1.5-million, a nearly $1.5-million annual bonus, and $10-million of stock awards. He also received 100 per cent of his performance-based compensation, in the form of long- and short-term incentive plans totalling $11.5-million. In 2023, Mr. Staffieri made just under $13-million.
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