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BCE’s Siim Vanaselja to retire next year

Media | 10/14/2014 8:34 pm EDT

BCE Inc. said Tuesday that its chief financial officer, Siim Vanaselja, will retire in the second quarter of next year. The company said in a press release that he will be replaced by Glen LeBlanc, currently chief financial officer of BCE-controlled Bell Aliant Inc. BCE also said the transaction to take control of all shares of Bell Aliant it does not already own is on track to close on or around Oct. 31. Bell said Vanaselja will continue to serve on the board of directors for Maple Leaf Sports and Entertainment, which is the owner of the Toronto Maple Leafs, Toronto Raptors and Toronto FC, and is controlled equally by Bell and Rogers Communications Inc....