And not even six months of operating experience, she said. The conflict isnt personal, she said. About Rogers Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Musk Made a Mess at Twitter. Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. A statement on behalf of Loretta Rogers, Melinda Rogers-Hixon, Martha The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. 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. Rogers Board Taps Chairman's Sister Melinda to Manage His Talks With Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. The deal was the subject of a hearing with the Canadian Radio-television and Telecommunications Commission (CRTC) last week. But important matters remain unresolved, including the top executive. 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. 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. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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's Post. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. The company is coming off its best third quarter in wireless in years. Melinda Rogers - Sr VP, Strategy & Development - LinkedIn 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. 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 . Ted Rogers, she said, would be appalled by recent developments. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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. 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. 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. Edward wanted Tony Staffieri, the longtime chief financial officer. There are 19 older and 1 younger executives at Rogers Communications. 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. Melinda Rogers-Hixon's Post - linkedin.com Thirteen years and youve had four heads of cable? Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Mr. Rogers and his supporters, meanwhile, believe B.C. This advertisement has not loaded yet, but your article continues below. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. 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 is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. Comments may take up to an hour for moderation before appearing on the site. He was actually quite principled, and I think hed kick our ass, frankly, she said. 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. Privacy. 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. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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. Also Read: Who is Henry Lebron? The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. 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. 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. 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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. The Posthaste newsletter has all the breaking business news and market signals you need, The Posthaste newsletter the business news you need, A statement on behalf of Loretta Rogers, Melinda Rogers-Hixon, Martha Rogers, John A. 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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. If you don't see it, please check your junk folder. 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. 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. 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. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . Create an account or sign in to continue with your reading experience. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. 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. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. Terms of use. 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. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. The power struggle has died down for the moment, and family members speak to one another regularly, she said. 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 . Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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. Hed be pissed.. 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-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 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. We ask you to keep your comments relevant and respectful. 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. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. And not even six months of operating experience, she said. Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. That allowed him to unilaterally fire five directors whod opposed him. The power struggle has died down for the moment, and family members speak to one another regularly, she said. 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. sisters Melinda Rogers-Hixon and Martha Rogers and his mother. 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. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. He believed Natales performance wasnt up to par. What followed was an extraordinary series of events that transfixed corporate Canada. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. There was an error, please provide a valid email address. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. What followed was an extraordinary series of events that transfixed corporate Canada. 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. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. 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. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . 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. 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. Operating experience is a must for wireless companys CEO, Family has a duty to mend fences after battle, director says. I believe that my brother wants to do what's right for the company. Subscribe now to read the latest news in your city and across Canada. Melinda M. Rogers-Hixon. This advertisement has not loaded yet, but your article continues below. Melinda Rogers-Hixon Wants Peace With Edward Rogers But Deep Rifts 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. Age : 51. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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. Oh my god, he's worth his weight in gold," Rogers-Hixon said. Subscribe now to read the latest news in your city and across Canada. Avatar: The Way of Water uses crazy tech, but does it look better or worse? from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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. He was actually quite principled, and I think hed kick our ass, frankly, she said. Melinda M. Rogers-Hixon - Biography - MarketScreener Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. After all, she points out, they have an obligation to employees, customers and shareholders to do so. In the meantime, the revolving door still spins at the companys headquarters in Toronto. 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.. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. Recommended from Editorial If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Melinda Hixon's Instagram, Twitter & Facebook on IDCrawl Think of Bell or Telus, she said, referring to Rogers main competitors. And as a daughter of my fathers.. 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. Canada's Richest People: The Rogers Family - Canadian Business She is the owner of the Loretta Anne yacht. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. 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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. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. Sign-up for MobileSyrup news sent straight to your inbox. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Change in rank from 2017: No change. Melinda Rogers - Toronto Life If you don't see it, please check your junk folder. 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. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. 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. 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. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. He brought us the Shaw deal thats no small feat, she said. Think of Bell or Telus, she said, referring to Rogerss main competitors. The information you requested is not available at this time, please check back again soon. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. The information you requested is not available at this time, please check back again soon. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . Edward wanted Tony Staffieri, the longtime chief financial officer. 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? Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. How old is Melinda Rogers? 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.