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. Musk Made a Mess at Twitter. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. The conflict isnt personal, she said. The power struggle has died down for the moment, and family members speak to one another regularly, she said. Visit our Community Guidelines for more information and details on how to adjust your email settings. 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. We will stand behind each and every commitment made by our team today. 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? Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. 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. Also Read: Who is Henry Lebron? 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. Last updated: 1 February 2023 at 11:00am EST. Think of Bell or Telus, she said, referring to Rogers main competitors. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . 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 are a Home delivery print subscriber, unlimited online access is. 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. Melinda Rogers-Hixon at her home in Toronto. Philanthropist and Rogers director, Loretta Rogers, dead at 83 Hixon family - Forbes 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. 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. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. The daughter of the late Ted Rogers is a director at Rogers Communications. Canada's Richest People: The Rogers Family - Canadian Business Avatar: The Way of Water uses crazy tech, but does it look better or worse? Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. Edward, the only son of company founder Ted Rogers, claimed to have installed five new directors last week via a written resolution; and, on Sunday, reclaimed the role of chair at RCI after the first meeting with his hand-picked directors. 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The conflict isnt personal, she said. Sign-up for MobileSyrup news sent straight to your inbox. . Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. 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. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Melinda has 1 job listed on their profile. 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. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 2023 Blue Ant Media That allowed him to unilaterally fire five directors whod opposed him. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. All rights reserved. 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. 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. 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This is their biggest dream. Mr. Rogers and his supporters, meanwhile, believe B.C. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. Dave Fuller? We apologize, but this video has failed to load. Our board, our management team, and I are totally committed to this deal. Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. Melinda Rogers-Hixon's Post - linkedin.com And not even six months of operating experience, she said. Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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 is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. 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. 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. He was actually quite principled, and I think hed kick our ass, frankly, she said. This is their biggest dream. 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. Ted Rogers, she said, would be appalled by recent developments. She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. 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. 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 Rogers wants peace with her brother Edward, but deep rifts Subscribe now to read the latest news in your city and across Canada. 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. 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. 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 . 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. 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 wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. 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. She was founder of Rogers . 'We have to find a way to work together': Melinda Rogers-Hixon says it 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. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. My response to that is we have shareholder meetings for a reason. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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). . Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. Thirteen years and youve had four heads of cable? The daughter of the late Ted Rogers is a director at Rogers Communications. 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-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. 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. For more information:media@rci.rogers.com1-844-226-1338. Recommended from Editorial 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. She joined forces with other board members last month . Hed be pissed.. Privacy. Melinda Rogers - Toronto Life After all, she points out, they have an obligation to employees, customers and shareholders to do so. . By continuing to use our site, you agree to our Terms of Service and Privacy Policy. 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The next issue of Financial Post Top Stories will soon be in your inbox. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. 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. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Unauthorized distribution, transmission or republication strictly prohibited. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. Read more about cookies here. 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. Edward wanted Tony Staffieri, the longtime chief financial officer. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . That allowed him to unilaterally fire five directors whod opposed him. articles a month for anyone to read, even non-subscribers! What followed was an extraordinary series of events that transfixed corporate Canada. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. Article content. 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. And as a daughter of my fathers.. Read more about cookies here. We ask you to keep your comments relevant and respectful. 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. 'We'll spend every penny,' Rogers sister warns amid family war 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. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . 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. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. Create an account or sign in to continue with your reading experience. 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Melinda Rogers-Hixon | Bombardier I believe that my brother wants to do what's right for the company. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Melinda Rogers Net Worth (2023) | wallmine CA Think of Bell or Telus, she said, referring to Rogerss main competitors. We ask you to keep your comments relevant and respectful. Melinda Rogers-Hixon - Partner - Generation Transition Advisors - LinkedIn Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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. . Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. Copyright 2023 Surperformance. Terms of use. Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. How old is Melinda Rogers? Musk Made a Mess at Twitter. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Unauthorized distribution, transmission or republication strictly prohibited. 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. 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. Public asset : 54,348,805 USD. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries.
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