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Age : 51. 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. I believe that my brother wants to do what's right for the company. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. 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. Edward wanted Tony Staffieri, the longtime chief financial officer. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Think of Bell or Telus, she said, referring to Rogerss main competitors. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. Comments may take up to an hour for moderation before appearing on the site. We encountered an issue signing you up. Ted Rogers, she said, would be appalled by recent developments. Think of Bell or Telus, she said, referring to Rogers main competitors. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. 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All rights reserved. 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. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. 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. 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 has held progressively senior roles at Rogers since joining the company in 2000. . And as a daughter of my fathers.. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. 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. 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. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Oh my god, he's worth his weight in gold," Rogers-Hixon said. The power struggle has died down for the moment, and family members speak to one another regularly, she said. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 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 He believed Natales performance wasnt up to par. Aspects specifically relating to broadcasting were discussed. 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. Recommended from Editorial About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. articles a month for anyone to read, even non-subscribers! Major company holdings: Rogers Communications. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. There are 19 older and 1 younger executives at Rogers Communications. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Hed be pissed.. 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. Musk Made a Mess at Twitter. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Melinda Rogers-Hixon 1mo Report this post She was a role model to me and so many women. The daughter of the late Ted Rogers is a director at Rogers Communications. . Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. And as a daughter of my fathers.. 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The next issue of Financial Post Top Stories will soon be in your inbox. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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 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, her sister, Martha Rogers, and her mother, Loretta Rogers all board members had wanted to stick with Joe Natale, the CEO since 2017. 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. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . I find it quite regrettable.. corporate law allows him, as chair of the family trust that holds 97.5 per cent of voting shares in the company, to replace directors at his discretion. Thirteen years and youve had four heads of cable? 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. That allowed him to unilaterally fire five directors whod opposed him. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Will His AI Plans Be Any Different? The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. We will stand behind each and every commitment made by our team today. Melinda M. Rogers-Hixon. 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. 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. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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 Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. "Think of Bell or Telus," she said, referring to. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . 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. 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. 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. Dave Fuller? The power struggle has died down for the moment, and family members speak to one another regularly, she said. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Ms. Rogers-Hixon holds a B.A. This advertisement has not loaded yet, but your article continues below. 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. 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. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. But important matters remain unresolved, including the top executive. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. 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. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . The conflict isnt personal, she said. She is the owner of the Loretta Anne yacht. 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. Perched on a sofa inside her home in one of Toronto's most. 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. 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. In the meantime, the revolving door still spins at the companys headquarters in Toronto. 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 is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. 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. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. 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). The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. And not even six months of operating experience, she said. And for all the differences the two have had, never once, she says, did she doubt his intentions. Unauthorized distribution, transmission or republication strictly prohibited. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. 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 holds a B.A. 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. 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. How old is Melinda Rogers? Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. If you are a Home delivery print subscriber, unlimited online access is. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. 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. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. 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. 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. We ask you to keep your comments relevant and respectful. About Rogers Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Melinda Rogers-Hixon at her home in Toronto. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. 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. 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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. If you want to find out more about us, visit about.rogers.com. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. 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. Create an account or sign in to continue with your reading experience. There are 19 older and 1 younger executives at Rogers Communications. Comments may take up to an hour for moderation before appearing on the site. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. 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. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Ted Rogers, she said, would be appalled by recent developments. 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 Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. 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.. Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. Musk Made a Mess at Twitter. And not even six months of operating experience, she said. 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. 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. 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. She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Read more about cookies here. Please try again. There was an error, please provide a valid email address. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. 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. The next issue of Financial Post Top Stories will soon be in your inbox. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team. He was actually quite principled, and I think hed kick our ass, frankly, she said. Subscribe now to read the latest news in your city and across Canada. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Also Read: Who is Henry Lebron? That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. 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. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . Dave Fuller? Our board, our management team, and I are totally committed to this deal. 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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.