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Nadir Mohamed retires as Rogers CEO effective Monday

Rogers Communications CEO Nadir Mohamed speaks at the company's annual general meeting in Toronto on April 23, 2013. THE CANADIAN PRESS/Matthew Sherwood

Nadir Mohamed is retiring Monday as president and CEO of Rogers Communications, after being at its helm since 2009.

The late Ted Rogers, who founded the company, was instrumental in recruiting Mohamed to join the Rogers family in 2000, bringing him in from Telus in Vancouver.

Mohamed was named the CEO shortly after the death of Rogers on Dec. 2, 2008. He announced his plan to retire earlier this year.

Mohamed guided the company through some of the most challenging times for telecom competition and changing technology, with profitable quarterly growth. Last week, he capped of his tenure with a record-breaking $5.2-billion, 12-year exclusive deal for NHL hockey rights.

β€œIt’s hard to believe thirteen years have passed and I’ll be retiring from Rogers this weekend. As I reflect on my time here, I can honestly say I’ve loved every minute of it,” Mohamed said in a release.

“Together we have accomplished many great things and I will take so many incredible memories with me. I leave knowing we are in great shape and the future is bright.”

He also thanked the board, the Rogers family, his management team, and most of all, Rogers employees.

“You are what makes Rogers such a special place to work — your drive, your commitment, and your passion are second to none. It has truly been an honour to be your leader.”

Mohamed also reflected on the influence of Ted Rogers.

“As you carry forward with the next chapter in Rogers history, let’s remember to keep Ted’s spirit and legacy alive.”

Guy Laurence, 51, will be taking over as CEO effective Monday. He was previously the CEO of Vodaphone in the UK, where he was instrumental in building that company’s consumer brand in a tough telecom market.

Rogers Communications is the parent company of City, CityNews and CityNews.ca.