Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. She also served as Senior Vice President, Strategy and Development from 2006 to 2014, Vice President, Strategic Planning & Venture Investments from 2004 to 2006, and Vice President, Venture Investments from 2000 to 2004. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. Melinda M. Rogers-Hixon - Rogers Investor Relations Comments may take up to an hour for moderation before appearing on the site. She is the owner of the Loretta Anne yacht. The next issue of Financial Post Top Stories will soon be in your inbox. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. If you are doing a job search for somebody to run a $50-billion corporation, I fully and firmly believe operating experience is a must. Melinda Rogers-Hixon | Bombardier How old is Melinda Rogers? In the meantime, the revolving door still spins at the companys headquarters in Toronto. Melinda M. Rogers-Hixon - Biography - MarketScreener We apologize, but this video has failed to load. Aspects specifically relating to broadcasting were discussed. And as a daughter of my fathers.. Melinda Rogers-Hixon 1mo Report this post She was a role model to me and so many women. Unauthorized distribution, transmission or republication strictly prohibited. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Comm TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) -- We unequivocally support Joe Natale as CEO and . Her net worth is estimated to be $8 billion. Will His AI Plans Be Any Different? A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. Canadian telecomm giant Rogers is locked in a real life season of Ted Rogers, she said, would be appalled by recent developments. And yet, there were moments in the interview that revealed the magnitude of the fissures inside the Rogers clan, and how tricky repairing them will be, as the company enters a critical phase in its US$16 billion takeover of rival Shaw Communications Inc. Rogers-Hixon cited C-suite turnover under her brothers leadership and the constant strategy shifts; she made clear she still has issues with his choice of CEO; and she hinted at discontent in the top ranks. Copyright 2023 Surperformance. Melinda Rogers-Hixon's Post - linkedin.com Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. We encountered an issue signing you up. Melinda Rogers wants peace with her brother but deep rifts remain We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. He sued to restore his authority, and for nearly two weeks, two factions claimed to have control of the board at one of Canadas biggest public companies, until a judge finally ruled in his favor. Thirteen years and youve had four heads of cable? Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. He believed Natales performance wasnt up to par. If you don't see it, please check your junk folder. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University College and on the board of 7 other companies. What followed was an extraordinary series of events that transfixed corporate Canada. Ms. Rogers-Hixon holds a B.A. If you are a Home delivery print subscriber, unlimited online access is. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto, Ontario, Canada 4K followers 500+ connections Join to follow Generation Transition. Melinda Rogers wants peace with her brother Edward, but deep rifts The conflict isnt personal, she said. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. Location: Toronto. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. Hixon family $1.25B 2015 America's Richest Families Net Worth as of 7/1/15 About Hixon family After the Civil War, Gideon Cooley Hixon, a Wisconsin businessman and politician, made a. It says it will spend $1 billion on high-speed internet for remote places and another $2.5 billion to improve wireless networks in western Canada. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. If you don't see it, please check your junk folder. Perched on a sofa inside her home in one of Toronto's most. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. . . Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. The conflict isnt personal, she said. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. sisters Melinda Rogers-Hixon and Martha Rogers and his mother. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. That allowed him to unilaterally fire five directors whod opposed him. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. If you are doing a job search for somebody to run a $50 billion corporation, I fully and firmly believe operating experience is a must. She expresses confidence that she and her older brother, Chairman Edward Rogers, can patch things up after a messy battle for control landed them on opposing sides of a Vancouver courtroom. About Rogers Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA 4d An interesting take on the state of women in the C-suite from Rita Trichur. Article content. Thirteen years and youve had four heads of cable? Visit our Community Guidelines for more information and details on how to adjust your email settings. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. This advertisement has not loaded yet, but your article continues below. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Rogers-Hixon, her sister, Martha Rogers, and her mother, Loretta Rogers all board members had wanted to stick with Joe Natale, the CEO since 2017. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. And for all the differences the two have had, never once, she says, did she doubt his intentions. When Canadian carriers lock their doors, does it change the shopping experience? Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. Edward wanted Tony Staffieri, the longtime chief financial officer. Melinda M. Rogers-Hixon. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. I think we will have a strong judge in British Columbia and I think the judge will see through this, Soliman said in an interview. We ask you to keep your comments relevant and respectful. The concept of a single shareholder being able to replace all the independent directors of one of the largest public companies in the country with the stroke of a pen one afternoon is unconscionable., I dont think there is any shareholder, securities regulator, or director of a corporate statute across this country that would find this approach acceptable, he said. Walied Soliman, chair of Norton Rose Fulbright in Canada and the lawyer acting on behalf of Melinda Rogers-Hixon, said Monday that Mr. Rogers attempt to use his power as chair of the Rogers Control Trust to remove five independent Rogers Communications Inc. (RCI) directors who joined with his mother and two sisters last week to strip him of his chair position, was beyond his authority. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 But lawyers for the company and for Edward's sister, Melinda Rogers-Hixon, said the move has no legal effect because local corporate law doesn't allow him to unilaterally change the board of a public company on a moment's notice. 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We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Public asset : 54,348,805 USD. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. Lawyers representing the company, along with several Rogers family members including Loretta Rogers - Edwards mother and widow of the late Ted Rogers - insist the only way to remove a director from the corporate board is through a shareholder meeting. I find it quite regrettable.. . Rogers Communications executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. She tried to craft a compromise with her brother, one that might have kept the family out of court and the Rogers Communications board intact. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX, An LG smartphone sits on display in an arranged photograph inside a Rogers Communications Inc. store in Toronto, Ontario. Subscribe now to read the latest news in your city and across Canada. I believe that my brother wants to do what's right for the company. It failed when some of her fathers oldest friends, who have a role in the Rogers family trust that controls the public company, wouldnt support it. And as a daughter of my fathers.. The Posthaste newsletter has all the breaking business news and market signals you need, The Posthaste newsletter the business news you need, Melinda Rogers wants peace with her brother Edward, but deep rifts remain, Death of the balcony: Why an outdoor space of one's own may soon be a luxury in condoland, The CRA generally lets you claim family medical expenses not this time, Nordstrom joins the exodus of U.S. retailers from Canada: What you need to know, We are very clearly in an energy supply crisis Eric Nuttall sees return of triple-digit oil prices, 'Panic station at Fox News': How the Murdochs agonized over Trump's election loss. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. Hed be pissed.. We apologize, but this video has failed to load. But important matters remain unresolved, including the top executive. Walied Soliman, chair of Norton Rose Fulbright in Canada and the lawyer acting on behalf of Melinda Rogers-Hixon, said Monday that Mr. Rogers' attempt to use his power as chair of the Rogers Control Trust to remove five independent Rogers Communications Inc. (RCI) directors who joined with his mother and two sisters last week to strip him of his Investors, Rogers-Hixon said, didnt really understand that the board could be reconstituted with literally a signature., Rogers-Hixon says she knows that she and her brother need to find a way to turn things around. The company is coming off its best third quarter in wireless in years. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. The power struggle has died down for the moment, and family members speak to one another regularly, she said. Rogers rift takes new twist as both family factions claim control of Change in rank from 2017: No change. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. . Unauthorized distribution, transmission or republication strictly prohibited. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. corporate law allows him, as chair of the family trust that holds 97.5 per cent of voting shares in the company, to replace directors at his discretion. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. The daughter of the late Ted Rogers is a director at Rogers Communications. Musk Made a Mess at Twitter. It failed when some of her fathers oldest friends, who have a role in the Rogers family trust that controls the public company, wouldnt support it. Ted Rogers, she said, would be appalled by recent developments. Please try again. Some folks might say there is some opening in the British Columbia statute and if that opening exists [Mr. Rogers] should be able to avail himself of it. Soliman said. Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. 2023 Blue Ant Media But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. Edward wanted Tony Staffieri, the longtime chief financial officer. Perched on a sofa inside her home in one of Torontos most upscale neighborhoods, the heiress of the Rogers Communications Inc. empire is working hard to project an air of calm diplomacy. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Oil Investors Get $128 Billion Handout as Doubts Grow About Fossil Fuels, Climate Change Is Launching a MutantSeed Space Race, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. It says it will spend $1 billion on high-speed internet for remote places and another $2.5 billion to improve wireless networks in western Canada. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. The power struggle has died down for the moment, and family members speak to one another regularly, she said. We ask you to keep your comments relevant and respectful. The daughter of the late Ted Rogers is a director at Rogers Communications. connected my love of Kyoto with a grand, emotional samurai story, Made in Canada Project Arrow EV concept rolls out on tour, Game designer on intersectionality and increasing Black representation in gaming, New EV Test Track re-energizes the Canadian International Auto Show, Heres whats next in the Rogers and Shaw saga, Canadian carriers end the year with plans a little pricier than before, CRTC chair Ian Scott isnt leaving a legacy behind. It has grown to become a leading technology and media company that strives to provide the very best in wireless, residential, sports, and media to Canadians and Canadian businesses. Right now it feels a bit raw, and I think we need to take a bit of time and then sit down and try to figure out how to rebuild it.. For more information:media@rci.rogers.com1-844-226-1338. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. Subscribe now to read the latest news in your city and across Canada. 'We have to find a way to work together': Melinda Rogers-Hixon says it This is their biggest dream. Our shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). After all, she points out, they have an obligation to employees, customers and shareholders to do so. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. Melinda Rogers-Hixon on LinkedIn: Opinion: Let's take inspiration from Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. Perched on a sofa inside her home in one of Torontos most upscale neighborhoods, the heiress of the Rogers Communications Inc. empire is working hard to project an air of calm diplomacy. Melinda Rogers-Hixon at her home in Toronto. If at any time, somebody had the majority of votes in connection with a company and were able to just sign a piece of paper and replace the independent directors then we would never have shareholder meetings., Soliman said Mr. Rogers actions were not leader-like behaviour and it needs to be shut down and I expect the courts will shut this down., Shares in Rogers Communications fell as much as 6.2 per cent in early trading on Monday as investors reacted to the turmoil. Read more about cookies here. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Melinda has 1 job listed on their profile. The information you requested is not available at this time, please check back again soon. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . Rogers sister's lawyer expects court to 'shut down' board changes - BNN Last updated: 1 February 2023 at 11:00am EST. She also served as Senior Vice President, Strategy and Development from 2006 to 2014, Vice President, Strategic Planning & Venture Investments from 2004 to 2006, and Vice President, Venture Investments from 2000 to 2004. Ms. Rogers holds a B.A. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Oh my god, he's worth his weight in gold," Rogers-Hixon said. That allowed him to unilaterally fire five directors whod opposed him. We have a responsibility to ensure that we have the best person in the role of CEO that we can possibly get, said Rogers-Hixon, 50. Also Read: Who is Henry Lebron? Operating experience is a must for wireless companys CEO, Family has a duty to mend fences after battle, director says. Copyright 2023 Surperformance. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Melinda Rogers-Hixon's Post. We have grown to become a leading technology and media company that strives to provide the very best in wireless, residential, sports, and media to Canadians and Canadian businesses. Melinda Rogers-Hixon at her home in Toronto. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. Just like every other time we have appeared before you, we will always meet our obligations and our commitments, he said on the first day of the hearing. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . The familys strained relationship has been in the public eye for months when her brother, Edward Rogers, attempted to oust former CEO Joe Natale, without bringing the matter to the board. Our board, our management team, and I are totally committed to this deal.
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