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He brought us the Shaw deal thats no small feat, she said. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. 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. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. She was founder of Rogers . But important matters remain unresolved, including the top executive. 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. 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. Ms. Rogers-Hixon holds a B.A. 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. Melinda M. Rogers-Hixon. And as a daughter of my fathers.. If you are a Home delivery print subscriber, unlimited online access is. The daughter of the late Ted Rogers is a director at Rogers Communications. 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. We ask you to keep your comments relevant and respectful. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. The information you requested is not available at this time, please check back again soon. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. melinda rogers hixon net worth. 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. 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. She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. Avatar: The Way of Water uses crazy tech, but does it look better or worse? If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Change in rank from 2017: No change. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. 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 website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. Privacy. We encountered an issue signing you up. 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. Location: Toronto. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. 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. 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. 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. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. Dave Fuller? The next issue of Financial Post Top Stories will soon be in your inbox. Sign-up for MobileSyrup news sent straight to your inbox. 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. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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. 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. Ted Rogers, she said, would be appalled by recent developments. 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 deal was the subject of a hearing with the Canadian Radio-television and Telecommunications Commission (CRTC) last week. 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. 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? There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. Comments may take up to an hour for moderation before appearing on the site. And for all the differences the two have had, never once, she says, did she doubt his intentions. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. 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 oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. 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. Rogers Communications Inc. has created a committee to set the rules for how Chairman Edward Rogers can interact with senior executives after he tried and failed to fire Chief Executive Officer Joe Natale. 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. Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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. 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 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. . If you want to find out more about us, visit about.rogers.com. Melinda Rogers-Hixon's Post. What followed was an extraordinary series of events that transfixed corporate Canada. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. 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 Rogers-Hixon is a member of the board of directors of Rogers Communications Inc. since January 2002 and Deputy Chair since 2018, as well as Vice Chair of the Rogers Control Trust since 2008. The next issue of Financial Post Top Stories will soon be in your inbox. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. Please try again. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. 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. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. The daughter of the late Ted Rogers is a director at Rogers Communications. 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.. We ask you to keep your comments relevant and respectful. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. The conflict isnt personal, she said. 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. Copyright 2023 Surperformance. We encountered an issue signing you up. Thirteen years and youve had four heads of cable? And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Edward wanted Tony Staffieri, the longtime chief financial officer. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. That allowed him to unilaterally fire five directors whod opposed him. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. articles a month for anyone to read, even non-subscribers! 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. 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. 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. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. 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. There was an error, please provide a valid email address. 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. 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. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . If you don't see it, please check your junk folder. 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. All rights reserved. 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. The information you requested is not available at this time, please check back again soon. Aspects specifically relating to broadcasting were discussed. 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. This advertisement has not loaded yet, but your article continues below. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. . How old is Melinda Rogers? There was an error, please provide a valid email address. 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. 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Comments may take up to an hour for moderation before appearing on the site. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. 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. . See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team.