With A High Yield And Mounting Pressures, TELUS' CEO Switch Raises Big Questions For Investors

2026-02-19 08:29:55 ET

Author's note: All figures are listed in Canadian dollars.

CEO Succession

On February 12, 2026, Telus Corporation ( T:CA ) announced that after 26 years, Chief Executive Officer Darren Entwistle would be stepping down. This news comes as an unexpected change following a December 2025 announcement that Entwistle would spend at least one more year in the role . The top job will be assumed by former CIBC Inc. ( CM:CA ) CEO Victor Dodig, who has served on Telus’ board of directors since 2022. This veteran banker will begin work on the leadership team on May 1 and officially commence work in the CEO role as of July 1, 2026. Entwistle will stay on in an advisory role as CEO emeritus until April 30, 2027....

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