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Telus Names Victor Dodig CEO Amid Share Price Decline

2/12/2026

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Story summary
  • Telus Corp. appointed Victor Dodig as CEO, effective July 1, 2026, succeeding Darren Entwistle.
  • This leadership change responds to investor pressure due to a 27% decline in share price over five years and criticism of Entwistle's management of debt and dividends.
  • Analysts find Dodig's appointment surprising due to his lack of direct telecom experience.
  • The company is exploring strategic options for its health division, raising concerns about the future of dividends under Dodig.