TELUS Names Victor Dodig as Successor to Long-Serving CEO Darren Entwistle
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Telus ( (TSE:T) ) has issued an announcement.
TELUS announced on February 12, 2026, that long-serving President and CEO Darren Entwistle will retire on June 30, 2026, after more than 26 years leading the company’s transformation into a global communications technology player. In recognition of his tenure, he will step down from the board at the same time, be named CEO Emeritus and continue as an advisor until April 30, 2027, underscoring a structured and gradual leadership transition.
Following a multi-year succession planning process, the board appointed former CIBC chief executive Victor Dodig as President and CEO effective July 1, 2026, with his role as CEO Designate beginning immediately and full-time leadership team integration on May 1, 2026. The move brings in a leader with deep experience in digital transformation, regulated industries and customer-focused growth, signaling continuity of TELUS’ strategy, an emphasis on technology-driven expansion and a focus on sustaining long-term value for shareholders and other stakeholders.
The most recent analyst rating on (TSE:T) stock is a Hold with a C$14.00 price target. To see the full list of analyst forecasts on Telus stock, see the TSE:T Stock Forecast page.
Spark’s Take on TSE:T Stock
According to Spark, TipRanks’ AI Analyst, TSE:T is a Neutral.
Telus’ overall stock score is driven by stable financial performance and a strong earnings call, highlighting growth in customer base and AI initiatives. However, technical indicators suggest bearish momentum, and high leverage poses financial risks. The attractive dividend yield and strategic corporate events provide positive support.
To see Spark’s full report on TSE:T stock, click here.
More about Telus
TELUS Corporation is a Canadian communications technology company that has evolved from a regional telecom into a global provider of broadband, wireless and digital services. It operates in more than 45 countries, generates over $20 billion in annual revenue and serves more than 21 million customer connections across consumer, business and public-sector markets. The company also runs TELUS Health, TELUS Agriculture & Consumer Goods and TELUS Digital, extending its reach into healthcare, supply-chain optimization and digital customer experience solutions.
Average Trading Volume: 8,178,448
Technical Sentiment Signal: Sell
Current Market Cap: C$30.12B
Learn more about T stock on TipRanks’ Stock Analysis page.
