Mr. Rogers and his supporters, meanwhile, believe B.C. 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. 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. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. Melinda Rogers-Hixon 1mo Report this post She was a role model to me and so many women. Dave Fuller? 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. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. 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 remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. 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. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . 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. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. 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. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Change in rank from 2017: No change. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Aspects specifically relating to broadcasting were discussed. About Rogers Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. The information you requested is not available at this time, please check back again soon. 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 Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. Unauthorized distribution, transmission or republication strictly prohibited. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. And as a daughter of my fathers.. Melinda Rogers-Hixon at her home in Toronto. 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. 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. And not even six months of operating experience, she said. Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. Edward wanted Tony Staffieri, the longtime chief financial officer. 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. For more information:media@rci.rogers.com1-844-226-1338. The company is coming off its best third quarter in wireless in years. 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. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. 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.. 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. The conflict isnt personal, she said. The next issue of Financial Post Top Stories will soon be in your inbox. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. 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. Oh my god, he's worth his weight in gold," Rogers-Hixon said. 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This advertisement has not loaded yet, but your article continues below. The power struggle has died down for the moment, and family members speak to one another regularly, she said. The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. 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. 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 . In the meantime, the revolving door still spins at the companys headquarters in Toronto. 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. 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. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. And as a daughter of my fathers.. He brought us the Shaw deal thats no small feat, she said. 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By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Edward wanted Tony Staffieri, the longtime chief financial officer. We encountered an issue signing you up. Sign-up for MobileSyrup news sent straight to your inbox. 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. The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. 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. Public asset : 54,348,805 USD. There was an error, please provide a valid email address. 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. Hed be pissed., Brendan Caldwell's Top Picks: March 1, 2023, {{data.symbol | reutersRICLabelFormat:group.RICS}}, {{ stock | formatPrefix }}{{ stock.netChng | formatNetChange }}, Rogers rejects rivals' criticism on Shaw deal, offers concessions, Rogers tells CRTC Shaw deal will enhance competition, Rogers steep share discount shows what new CEO is up against. 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 . And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. 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. Edward wanted Tony Staffieri, the longtime chief financial officer. melinda rogers hixon net worth. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. This is their biggest dream. What followed was an extraordinary series of events that transfixed corporate Canada. 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. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Create an account or sign in to continue with your reading experience. Dave Fuller? And for all the differences the two have had, never once, she says, did she doubt his intentions. 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. Major company holdings: Rogers Communications. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. Recommended from Editorial Avatar: The Way of Water uses crazy tech, but does it look better or worse? Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. The company is coming off its best third quarter in wireless in years. Postmedia has not reviewed the content. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. 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. 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. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. 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. 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. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. Copyright 2023 Surperformance. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. All rights reserved. Age : 51. 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. 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. We ask you to keep your comments relevant and respectful. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. There was an error, please provide a valid email address. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. Musk Made a Mess at Twitter. After all, she points out, they have an obligation to employees, customers and shareholders to do so. We will stand behind each and every commitment made by our team today. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. Ted Rogers, she said, would be appalled by recent developments. In the meantime, the revolving door still spins at the companys headquarters in Toronto. This is their biggest dream. Oh my god, hes worth his weight in gold, Rogers-Hixon 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. 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. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. Ms. Rogers-Hixon holds a B.A. 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. 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. 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. Ted Rogers, she said, would be appalled by recent developments. 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. 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. The information you requested is not available at this time, please check back again soon. 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. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. 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. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Thirteen years and youve had four heads of cable? 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 joined forces with other board members last month . The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 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. She is the owner of the Loretta Anne yacht. 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. 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. Article content. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. The conflict isnt personal, she said. Melinda Rogers-Hixon at her home in Toronto. She was founder of Rogers . Please try again. When Canadian carriers lock their doors, does it change the shopping experience? He was actually quite principled, and I think hed kick our ass, frankly, she said. Her net worth is estimated to be $8 billion. 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Ms. Rogers-Hixon said Thursday in her first interview since a boardroom battle over the company's leadership found her, two of her family members and the majority of the company's independent. . Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. 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. 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. What followed was an extraordinary series of events that transfixed corporate Canada. 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. 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. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. If you are a Home delivery print subscriber, unlimited online access is.