After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Will His AI Plans Be Any Different? 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. 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). 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. Privacy. 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 has held progressively senior roles at Rogers since joining the company in 2000. 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. 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. Melinda Rogers-Hixon at her home in Toronto. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. This advertisement has not loaded yet, but your article continues below. The next issue of Financial Post Top Stories will soon be in your inbox. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. The company is coming off its best third quarter in wireless in years. 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. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. Change in rank from 2017: No change. The information you requested is not available at this time, please check back again soon. 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. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. 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. Recommended from Editorial Musk Made a Mess at Twitter. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Article content. 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. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. 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. Age : 51. About Rogers Rogers 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! 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Thirteen years and youve had four heads of cable? I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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. The conflict isnt personal, she said. melinda rogers hixon net worth. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. She joined forces with other board members last month . 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 the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. 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. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. The daughter of the late Ted Rogers is a director at Rogers Communications. Our board, our management team, and I are totally committed to this deal. Thirteen years and youve had four heads of cable? The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. 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. Mr. Rogers and his supporters, meanwhile, believe B.C. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. Sign-up for MobileSyrup news sent straight to your inbox. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. Dave Fuller? Will His AI Plans Be Any Different? Hed be pissed.. 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Melinda Rogers-Hixon 1mo Report this post She was a role model to me and so many women. 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Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. This is their biggest dream. 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 advertisement has not loaded yet, but your article continues below. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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 Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. 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. Create an account or sign in to continue with your reading experience. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Copyright 2023 Surperformance. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas 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. 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. Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. What followed was an extraordinary series of events that transfixed corporate Canada. Last updated: 1 February 2023 at 11:00am EST. Oh my god, he's worth his weight in gold," Rogers-Hixon said. 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. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . 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. The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. 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. Ted Rogers, she said, would be appalled by recent developments. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Please try again. Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. Terms of use. 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. . And not even six months of operating experience, she said. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Subscribe now to read the latest news in your city and across Canada. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. 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. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. Subscribe now to read the latest news in your city and across Canada. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. Dave Fuller? 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. 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. What followed was an extraordinary series of events that transfixed corporate Canada. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. 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. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . And for all the differences the two have had, never once, she says, did she doubt his intentions. Melinda Rogers-Hixon's Post. Ms. Rogers holds a B.A. And as a daughter of my fathers.. He was actually quite principled, and I think hed kick our ass, frankly, she said. We apologize, but this video has failed to load. Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. We encountered an issue signing you up. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Visit our Community Guidelines for more information and details on how to adjust your email settings. 2023 Blue Ant Media Perched on a sofa inside her home in one of Toronto's most. Ms. Rogers-Hixon holds a B.A. 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 totally committed to Shaw acquisition, chair says as CRTC hearings begin, Joe Natale out as Rogers CEO, to be replaced by former CFO Staffieri, Its the founders way or the highway: Governance at Rogers has raised eyebrows before, Rogers faces recruiting trouble if CEO is ousted, Newhaven president says, 'Its the founders way or the highway': Governance at Rogers has raised eyebrows before, tap here to see other videos from our team, Unlimited online access to articles from across Canada with one account, Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on, Enjoy insights and behind-the-scenes analysis from our award-winning journalists, Support local journalists and the next generation of journalists, Daily puzzles including the New York Times Crossword, Access articles from across Canada with one account, Share your thoughts and join the conversation in the comments, Get email updates from your favourite authors. 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 was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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? Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. 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. The power struggle has died down for the moment, and family members speak to one another regularly, she said. . 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. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. 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. Copyright 2023 Surperformance. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 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. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 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. 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. I think we will have a strong judge in British Columbia and I think the judge will see through this, Soliman said in an interview. That allowed him to unilaterally fire five directors whod opposed him. Edward wanted Tony Staffieri, the longtime chief financial officer. 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. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . 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. Also Read: Who is Henry Lebron? There are 19 older and 1 younger executives at Rogers Communications. Avatar: The Way of Water uses crazy tech, but does it look better or worse? 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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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There are 19 older and 1 younger executives at Rogers Communications. And as a daughter of my fathers.. Aspects specifically relating to broadcasting were discussed. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. 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.. 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.