Cable / Telecom News

Executive shakeup at MTS Allstream sees Shepherd, Demkey departing

WINNIPEG – Kelvin Shepherd is stepping down from his role as president of MTS in October while chief financial officer Wayne Demkey will be leaving the company on July 31, MTS Allstream announced late Monday.CEO Jay Forbes will take on the responsibilities of president of MTS, the announcement continued, and Paul Cadieux will assume the CFO role after the completion of the second quarter reporting cycle on July 30, 2015.The moves come after the company’s strategic review earlier this year that saw 25% of Allstream’s workforce cut and a public commitment to a stronger customer-first focus, growing core revenues quicker, simplifying...