Shaw 2011 Annual Report Download - page 7

Download and view the complete annual report

Please find page 7 of the 2011 Shaw annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 149

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149

Shaw Communications Inc.
REPORT TO SHAREHOLDERS
August 31, 2011
removing significant costs from the business and rationalizing assets, and a recovery in the
economic cycle. We completed the organizational alignment of Shaw Media within the broader
Shaw group of companies and then began setting key priorities to capitalize on opportunities
from the combination of content and distribution. We hold a number of the top ten positions in
the channel rankings amongst our specialty services and programs on Global and continue to
optimize our portfolio to maximize long term value. Global reaches over 95% of Canadian
households and Global National, featuring Canada’s first female national news anchor, averages
one million viewers daily.
MANAGEMENT CHANGE
During the year the Corporation’s Board announced the orderly evolution of executive
management responsibilities with the appointment of Bradley S. Shaw into the Chief Executive
Officer role effective November 17, 2010. Mr. Shaw has been an employee of the Corporation
since 1987, moving through a succession of increasingly responsible positions, most recently
as Executive Vice President. This transfer of responsibilities will serve the Corporation’s
shareholders and stakeholders well for many years to come.
OUR COMMUNITIES
Shaw is committed to making a positive contribution in the communities across Canada where
we do business. Through funding, time, talent and innovative partnerships we strive to enrich,
connect, and improve the lives of Canadians. We support many areas including families,
education, athletes, the arts and the environment. From filling food banks, powering Canadian
athletes, preserving and sustaining green spaces, opening doors to innovate educational
programs, and bringing families together, our aim is to help communities grow and flourish. In
2011 we contributed almost $50 million through cash and in kind contributions supporting an
array of organizations and initiatives.
LOOKING AHEAD
We look forward to the challenges and opportunities ahead as we build on our past success. We
are starting the new fiscal year with a number of strategic initiatives on the agenda including
our digital network upgrade and Wi-Fi build. We are operating in a dynamic environment
marked by rapid technology advances, intense competition and lingering economic
uncertainties; however, we are confident we have the resources and the creativity to
successfully execute on our fiscal 2012 strategic business priorities building value for our
shareholders.
Our innovation, spirit and drive have made us what we are today and will move us forward to
become what we want to be tomorrow. We close expressing our many thanks to our customers,
employees and our shareholders. We value your continued support.
[Signed] [Signed]
JR Shaw
Executive Chair
Bradley S. Shaw
Chief Executive Officer
3