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April 24th, 2023
Merging with Shaw was a dream held by her late father, company founder Ted Rogers. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. 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). Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. Postmedia has not reviewed the content. Think of Bell or Telus, she said, referring to Rogers main competitors. The company is making several promises to win the favor of investors and government officials, including that it will wring out $1 billion (US$780 million) in savings. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. And not even six months of operating experience, she said. Oh my god, hes worth his weight in gold, Rogers-Hixon said. sisters Melinda Rogers-Hixon and Martha Rogers and his mother. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Her net worth is estimated to be $8 billion. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. Aspects specifically relating to broadcasting were discussed. But important matters remain unresolved, including the top executive. Ted Rogers, she said, would be appalled by recent developments. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. Dave Fuller? 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. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . When asked her opinion about Staffieri and whether shed support making him the permanent boss, Rogers-Hixon rattled off the list of what she wants in a CEO. 2023 Blue Ant Media The next issue of Financial Post Top Stories will soon be in your inbox. The power struggle has died down for the moment, and family members speak to one another regularly, she said. Ted Rogers, she said, would be appalled by recent developments. The power struggle has died down for the moment, and family members speak to one another regularly, she said. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. 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. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. 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. 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. But important matters remain unresolved, including the top executive. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. Melinda Rogers-Hixon at her home in Toronto. 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. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. 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. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. 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. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. 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. 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. The conflict isnt personal, she said. In her first interview since the Rogers board debacle earlier this year, Melinda Rogers-Hixon says rebuilding broken family relationships is of the utmost importance. 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. 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? 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. 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 . Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. My response to that is we have shareholder meetings for a reason. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Shes concerned about potential instability in other parts of the company, including in the wireless unit, which is by far the companys most important business. In a release Sunday night, the board that Mr. Rogers is leading said he intends to ask the British Columbia Supreme Court to validate the legality of his move. 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. Will His AI Plans Be Any Different? She is the owner of the Loretta Anne yacht. 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. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. Thirteen years and youve had four heads of cable? Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. Comments may take up to an hour for moderation before appearing on the site. When Canadian carriers lock their doors, does it change the shopping experience? Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. All rights reserved. The company is coming off its best third quarter in wireless in years. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. Ms. Rogers holds a B.A. What followed was an extraordinary series of events that transfixed corporate Canada. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Musk Made a Mess at Twitter. . Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. She was founder of Rogers . Merging with Shaw was a dream held by her late father, company founder Ted Rogers. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. 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. In the meantime, the revolving door still spins at the companys headquarters in Toronto. "Think of Bell or Telus," she said, referring to. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Visit our Community Guidelines for more information and details on how to adjust your email settings. Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. The company is coming off its best third quarter in wireless in years. Sign-up for MobileSyrup news sent straight to your inbox. 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 favour. When asked her opinion about Staffieri and whether shed support making him the permanent boss, Rogers-Hixon rattled off the list of what she wants in a CEO. What followed was an extraordinary series of events that transfixed corporate Canada. Perched on a sofa inside her home in one of Torontos most upscale neighbourhoods, the heiress of the Rogers Communications Inc. empire is working hard to project an air of calm diplomacy. Please try again. 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 This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. The conflict isnt personal, she said. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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. Melinda has 1 job listed on their profile. 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. Melinda Rogers-Hixon at her home in Toronto. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. And not even six months of operating experience, she said. 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. 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. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. That allowed him to unilaterally fire five directors whod opposed him. Subscribe now to read the latest news in your city and across Canada. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. The information you requested is not available at this time, please check back again soon. Melinda Rogers From the archives The Man Who Would Be King: Inside the ruthless battle for control of the $34-billion Rogers empire Edward Rogers expected to run the family empire after the. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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. 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. Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. Will His AI Plans Be Any Different? We ask you to keep your comments relevant and respectful. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. Comments may take up to an hour for moderation before appearing on the site. His mother Loretta Rogers and sisters Martha Rogers and Melinda Rogers-Hixon were firmly against the plan and tried unsuccessfully to rein in Edward's control over the Rogers Control Trust, the vehicle put into effect after Ted Rogers died in 2008 through which they exercise control over the large telecommunication company. Public asset : 54,348,805 USD. 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. The companys shares are on track for a third consecutive year of declines that hasnt happened since the 1990s and trade at a big discount to its major rivals, partly because of the turmoil and a perception of poor governance. There was an error, please provide a valid email address. This advertisement has not loaded yet, but your article continues below. Major company holdings: Rogers Communications. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. We ask you to keep your comments relevant and respectful. We encountered an issue signing you up. Perched on a sofa inside her home in one of Toronto's most. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. 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. 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. Melinda M. Rogers-Hixon Ms. Rogers-Hixon has served as Deputy Chair of the Board of RCI since January 2018, and as Vice Chair of the Rogers Control Trust since 2008. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. articles a month for anyone to read, even non-subscribers! Age : 51. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. This advertisement has not loaded yet, but your article continues below. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. There was an error, please provide a valid email address. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. We will stand behind each and every commitment made by our team today. Change in rank from 2017: No change. 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. There are 19 older and 1 younger executives at Rogers Communications. Ms. Rogers has served as Deputy Chair of the Board of RCI since January 2018, and as Vice Chair of the Rogers Control Trust4 since 2008. 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The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. Recommended from Editorial There are 19 older and 1 younger executives at Rogers Communications.
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