Shaw names new business division head in bid to re-start growth

CALGARY – Shaw Communications told investors today that the company is not happy with the financial results turned in by its business services division, so it has altered strategy and parted ways with the division’s leader, promoting Ron McKenzie to take over for John Piercy, who has left the company.During the company’s quarterly conference call with financial analysts, company EVP and COO Jay Mehr noted that after seeing double-digit percentage growth in EBITDA its enterprise division for a few quarters, posting just 5% growth in the first quarter of fiscal 2015 wasn’t good enough.Mehr said that couple of months ago,...