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Joe Natale's next act: Home Capital Group director
BNN Bloomberg
Home Capital Group announced the nomination of three new directors Tuesday, including ex-Rogers Chief Executive Joe Natale.
Home Capital Group Inc. announced the nomination of three new directors Tuesday, including ex-Rogers Communications Inc. (RCI) Chief Executive Joe Natale.
The lender said it will put Natale up for a vote at its annual meeting on May 18. The other nominees to join the board of directors are David Court, who is senior partner emeritus at McKinsey & Company; and Edward Waitzer, whose previous roles include time as chair of the Ontario Securities Commission and as a senior partner at Stikeman Elliott LLP.
Natale was replaced as president and chief executive of RCI in mid-November after a months-long boardroom battle that pitted the company’s chair, Edward Rogers, against other directors — including his mother and sisters.
“Home (Capital Group) plays an essential role in bringing home ownership to new Canadians and people who are building their own businesses. I am pleased to take part in the next phase of its development,” Natale said in a release Tuesday.