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. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. sisters Melinda Rogers-Hixon and Martha Rogers and his mother. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. And not even six months of operating experience, she said. 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. Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. 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. Think of Bell or Telus, she said, referring to Rogers main competitors. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. Unauthorized distribution, transmission or republication strictly prohibited. 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. 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. Terms of use. Dave Fuller? But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. 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 . I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. 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 joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. 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? What followed was an extraordinary series of events that transfixed corporate Canada. If you are a Home delivery print subscriber, unlimited online access is. That allowed him to unilaterally fire five directors whod opposed him. Edward wanted Tony Staffieri, the longtime chief financial officer. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. We will stand behind each and every commitment made by our team today. 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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. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. And as a daughter of my fathers.. Also Read: Who is Henry Lebron? 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. What followed was an extraordinary series of events that transfixed corporate Canada. And for all the differences the two have had, never once, she says, did she doubt his intentions. Mr. Rogers and his supporters, meanwhile, believe B.C. There was an error, please provide a valid email address. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. She is the owner of the Loretta Anne yacht. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. She joined forces with other board members last month . Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. If you don't see it, please check your junk folder. 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. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. 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 deal was the subject of a hearing with the Canadian Radio-television and Telecommunications Commission (CRTC) last week. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. 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. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable 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. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. When Canadian carriers lock their doors, does it change the shopping experience? By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . He believed Natales performance wasnt up to par. 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. 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.. 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. 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, Martha Rogers, and her mother, Loretta Rogers -- all board members -- had wanted to stick with Joe Natale, the CEO since 2017. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. 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. Ted Rogers, she said, would be appalled by recent developments. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. 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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. 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. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. 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 And as a daughter of my fathers.. 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. The information you requested is not available at this time, please check back again soon. melinda rogers hixon net worth. Copyright 2023 Surperformance. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. 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. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. There are 19 older and 1 younger executives at Rogers Communications. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Oh my god, hes worth his weight in gold, Rogers-Hixon said. This advertisement has not loaded yet, but your article continues below. The power struggle has died down for the moment, and family members speak to one another regularly, she said. 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. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Musk Made a Mess at Twitter. 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. Age : 51. Location: 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. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 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Recommended from Editorial Subscribe now to read the latest news in your city and across Canada. Edward wanted Tony Staffieri, the longtime chief financial officer. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. . By continuing to use our site, you agree to our Terms of Service and Privacy Policy. 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. 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. And not even six months of operating experience, she said. Comments may take up to an hour for moderation before appearing on the site. 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. 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 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. 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. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. 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. If you are a Home delivery print subscriber, unlimited online access is. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. Copyright 2023 Surperformance. 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. Create an account or sign in to continue with your reading experience. Will His AI Plans Be Any Different? 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. 2023 Blue Ant Media For more information:media@rci.rogers.com1-844-226-1338. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Subscribe now to read the latest news in your city and across Canada. 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. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. 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 Hixon is Deputy Chairman of the Board of Rogers Communication. Think of Bell or Telus, she said, referring to Rogerss main competitors. 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. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Privacy. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Create an account or sign in to continue with your reading experience. 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. The next issue of Financial Post Top Stories will soon be in your inbox. We apologize, but this video has failed to load. Sign-up for MobileSyrup news sent straight to your inbox. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. Dave Fuller? 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. 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.