Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. Read more about cookies here. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. Postmedia has not reviewed the content. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. Terms of use. Ted Rogers, she said, would be appalled by recent developments. There are 19 older and 1 younger executives at Rogers Communications. Privacy. We encountered an issue signing you up. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. 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. 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. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. About Rogers Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . Please try again. Dave Fuller? Please try again. 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. The information you requested is not available at this time, please check back again soon. 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. 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. 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. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. The daughter of the late Ted Rogers is a director at Rogers Communications. Subscribe now to read the latest news in your city and across Canada. Age : 51. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. There are 19 older and 1 younger executives at Rogers Communications. He believed Natales performance wasnt up to par. . Hed be pissed.. Public asset : 54,348,805 USD. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. The daughter of the late Ted Rogers is a director at Rogers Communications. Think of Bell or Telus, she said, referring to Rogers main competitors. 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 is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. Subscribe now to read the latest news in your city and across Canada. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. The company is coming off its best third quarter in wireless in years. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. 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. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. We apologize, but this video has failed to load. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. He was actually quite principled, and I think hed kick our ass, frankly, she said. Melinda Rogers-Hixon at her home in Toronto. Edward wanted Tony Staffieri, the longtime chief financial officer. 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. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Edward Rogers cannot simply replace several board members at the company his father created with the stroke of a pen, according to the lawyer representing one of his sisters. 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. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. 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. Her net worth is estimated to be $8 billion. But important matters remain unresolved, including the top executive. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. That allowed him to unilaterally fire five directors whod opposed him. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . Perched on a sofa inside her home in one of Toronto's most. Ms. Rogers holds a B.A. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. This is their biggest dream. 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 . 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. 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. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. The conflict isnt personal, she said. Rogers is a corporate governance anomaly because the family controls more than 97 per cent of the votes, 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Visit our Community Guidelines for more information and details on how to adjust your email settings. We encountered an issue signing you up. We ask you to keep your comments relevant and respectful. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. And not even six months of operating experience, she said. 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Rogers-Hixon founded Rogers Venture Partners LLC. Avatar: The Way of Water uses crazy tech, but does it look better or worse? The information you requested is not available at this time, please check back again soon. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. When Canadian carriers lock their doors, does it change the shopping experience? The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. She was founder of Rogers . Visit our Community Guidelines for more information and details on how to adjust your email settings. And not even six months of operating experience, she said. 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. He was actually quite principled, and I think hed kick our ass, frankly, she said. melinda rogers hixon net worth. How old is Melinda Rogers? Oh my god, he's worth his weight in gold," Rogers-Hixon said. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Why the Rogers outage was so bad, and how to prevent the next one, ISPs and advocacy groups say new CRTC policy does nothing to address current sky-high internet rates, Happy 35th anniversary to Final Fantasy, my all-time favourite series, Heres why you should play Immortality, 2022s most innovative and original game. Melinda Rogers-Hixon 1mo Report this post She was a role model to me and so many women. Story continues below Perched on a sofa inside her home in one of Toronto's most upscale neighbourhoods, the heiress of the Rogers Communications Inc. empire is working hard to project an air of calm diplomacy. 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. 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. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. Comments may take up to an hour for moderation before appearing on the site. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. 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. 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. Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. We ask you to keep your comments relevant and respectful. Our board, our management team, and I are totally committed to this deal. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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. If you are a Home delivery print subscriber, unlimited online access is. 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. The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. The company is making several promises to win the favour of investors and government officials, including that it will wring out $1 billion (US$780 million) in savings. 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. Ms. Rogers-Hixon holds a B.A. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. What followed was an extraordinary series of events that transfixed corporate Canada. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. 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If you are a Home delivery print subscriber, unlimited online access is. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . All rights reserved. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. He brought us the Shaw deal thats no small feat, she said. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. Last updated: 1 February 2023 at 11:00am EST. I find it quite regrettable.. 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. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Thirteen years and youve had four heads of cable? Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. 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. If you don't see it, please check your junk folder. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. . All rights reserved. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. And as a daughter of my fathers.. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. The next issue of Financial Post Top Stories will soon be in your inbox. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. 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. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. 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She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. 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.. 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. There was an error, please provide a valid email address. I believe that my brother wants to do what's right for the company. 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Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. Will His AI Plans Be Any Different? 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. Unauthorized distribution, transmission or republication strictly prohibited. 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. The company is coming off its best third quarter in wireless in years. Edward wanted Tony Staffieri, the longtime chief financial officer. This is their biggest dream. Create an account or sign in to continue with your reading experience. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. 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. She joined forces with other board members last month . 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. Former Telus top man Joe Natale officially took over as CEO of Rogers Communications Inc. this year, signaling a return to stable leadership for the company after former CEO Guy . The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. 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. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. 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. . Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. 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 wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. 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. 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. 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. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. The company is coming off its best third quarter in wireless in years. Article content. RBC analyst Drew McReynolds cut his rating on the companys TSX-listed stock to the equivalent of a hold from a buy Monday and lowered his price target, noting collateral damage now seems inevitable., Soliman said the share-price decline was contributing to a sad day, adding this type of chaos is obviously unhelpful., The stock symbol {{StockChart.Ric}} does not exist, Brendan Caldwell's Top Picks: March 1, 2023, {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}, Two men claim Rogers chairmanship as rift convulses family, 'Collateral damage': Rogers chaos prompts analyst downgrades. After all, she points out, they have an obligation to employees, customers and shareholders to do so. That allowed him to unilaterally fire five directors whod opposed him. 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. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. The power struggle has died down for the moment, and family members speak to one another regularly, she said.