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Jim Shaw, former CEO of Shaw Communications, dies during 60 after brief illness

  • January 05, 2018
  • Business

Jim Shaw assimilated a association his father founded, Shaw Communications, as a wire installer and eventually became CEO, assisting grow a company’s income from $646 million $3.7 billion during his tenure.

The former CEO and vice-chairman of Shaw Communications died Wednesday during age 60 after a brief illness, the Calgary-based telecommunications hulk pronounced in a statement.

He’s survived by his wife, Kathryn, 3 children and 3 step-children.

Shaw was CEO from 1998 until 2010, when he handed a reins to his younger brother, Brad.

‘As a family, a hearts are complicated with sadness.’
— Brad Shaw, CEO

“As a family, a hearts are complicated with sadness,” he pronounced in a statement.

“I have not usually mislaid a brother, though a good crony and mentor. Our lives will not be as finish but conference Jim’s delight or removing a advantage of his warn or his insight.”

The association was founded by Shaw’s father JR in 1966. Now 83, he is still a company’s executive chairman.

Jim assimilated a company in 1982 — after dropping out of a University of Calgary and perplexing his palm during a array of business ventures — as a wire installer, doing front-line patron service.

He was allocated clamp boss of operations in 1987, boss in 1995 and CEO in 1998.

Jim Shaw CBC talk 19992:13

During his time with a company, he was concerned in rising a incursion into the internet, digital wire and a squeeze of 11 radio stations and seven TV channels from Rogers.

He also oversaw a merger of resources from Western International Communications, a relocation of a association domicile from Edmonton, and a merger of Canwest Global Communications in 2010.

Shaw Communications says during his reign as CEO, a company’s income grew from $646 million in 1998 to $3.7 billion in 2010.

He stepped down after reportedly displaying martial poise toward investors.

The company’s then-president, Peter Bissonnette, told CBC News during a time that Shaw was always famous to be “a small feisty.”

He was also famous for ancillary Canadian charities and educational organisations, donating $19 million to Shawnigan Lake School in 2014.

Outside of Shaw, he also participated in a series of organizations in a wire industry, portion as chair of a Canadian Cable Television Association from 1996 to 2002, and sitting on a play of CableLabs, Microcell, Cancom and @Home.

His hermit pronounced his contributions helped make a association what it is today.

“As an operator, a understanding builder and a strategist, Jim continued building a substructure started by a father, JR, to emanate a Canadian business personality and domicile code opposite Western Canada,” he said.

Employees of Shaw and a affiliates, former business contacts and friends shared their condolences with a family on amicable media.

Edward Rogers, chair of Canadian telecom Rogers Communications, common his sympathies with a Shaw family in a release.

“We have famous Jim for many years and we are truly saddened to hear about his passing. We would like to extend a frank condolences to Jim’s family, friends and to everybody during Shaw. Jim was a shining male and a extreme competitor. He was a assured businessman who had a transformative and durability impact on a Canadian wire landscape. He will certainly be missed,” Rogers wrote.

Jim and Brad Shaw

Jim Shaw, left, vice-chairman of Shaw Communications and his hermit Brad Shaw attend a company’s annual assembly in on Jan. 14, 2015. (Jeff McIntosh/The Canadian Press)

Article source: http://www.cbc.ca/news/canada/calgary/jim-shaw-dies-1.4472210?cmp=rss

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