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. The familys strained relationship has been in the public eye for months when her brother, Edward Rogers, attempted to oust former CEO Joe Natale, without bringing the matter to the board. Melinda M. Rogers-Hixon. He was actually quite principled, and I think hed kick our ass, frankly, she said. But important matters remain unresolved, including the top executive. Melinda Rogers-Hixon's Post. 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. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. The company is coming off its best third quarter in wireless in years. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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. Visit our Community Guidelines for more information and details on how to adjust your email settings. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. "Think of Bell or Telus," she said, referring to. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. We ask you to keep your comments relevant and respectful. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. articles a month for anyone to read, even non-subscribers! What followed was an extraordinary series of events that transfixed corporate Canada. There are 19 older and 1 younger executives at Rogers Communications. Read more about cookies here. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. The company is coming off its best third quarter in wireless in years. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. Her net worth is estimated to be $8 billion. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited. The conflict isnt personal, she said. Musk Made a Mess at Twitter. 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. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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. What followed was an extraordinary series of events that transfixed corporate Canada. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. Subscribe now to read the latest news in your city and across Canada. And as a daughter of my fathers.. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. The information you requested is not available at this time, please check back again soon. Ted Rogers, she said, would be appalled by recent developments. . The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. 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 Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto, Ontario, Canada 4K followers 500+ connections Join to follow Generation Transition. 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? Unauthorized distribution, transmission or republication strictly prohibited. There are 19 older and 1 younger executives at Rogers Communications. Ms. Rogers-Hixon holds a B.A. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. Please try again. 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In the meantime, the revolving door still spins at the companys headquarters in Toronto. 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. 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. Public asset : 54,348,805 USD. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. And for all the differences the two have had, never once, she says, did she doubt his intentions. Operating experience is a must for wireless companys CEO, Family has a duty to mend fences after battle, director says. 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. For more information:media@rci.rogers.com1-844-226-1338. 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. 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. 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. 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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. Oh my god, he's worth his weight in gold," Rogers-Hixon said. 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. The conflict isnt personal, she said. 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 Mary Rogers serves as Deputy Chairman of the Board of the Company. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. And not even six months of operating experience, she said. About Rogers 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. The power struggle has died down for the moment, and family members speak to one another regularly, she said. 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. Mr. Rogers and his supporters, meanwhile, believe B.C. Will His AI Plans Be Any Different? The company is coming off its best third quarter in wireless in years. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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. 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. 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. There was an error, please provide a valid email address. Postmedia has not reviewed the content. melinda rogers hixon net worth. 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. 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, deputy chair of Rogers Communications Inc., at her home in Toronto. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. He believed Natales performance wasnt up to par. Think of Bell or Telus, she said, referring to Rogerss main competitors. Comments may take up to an hour for moderation before appearing on the site. Age : 51. Also Read: Who is Henry Lebron? Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. If you want to find out more about us, visit about.rogers.com. The daughter of the late Ted Rogers is a director at Rogers Communications. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. Major company holdings: Rogers Communications. Avatar: The Way of Water uses crazy tech, but does it look better or worse? 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. This advertisement has not loaded yet, but your article continues below. If you are a Home delivery print subscriber, unlimited online access is. 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. 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. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. Read more about cookies here. 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. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Perched on a sofa inside her home in one of Toronto's most. Musk Made a Mess at Twitter. 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. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. I find it quite regrettable.. 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. 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. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. 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She is the owner of the Loretta Anne yacht. Copyright 2023 Surperformance. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team. 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. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . 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. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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.. Privacy. Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. We apologize, but this video has failed to load. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. 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. We encountered an issue signing you up. . But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. The next issue of Financial Post Top Stories will soon be in your inbox. That allowed him to unilaterally fire five directors whod opposed him. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. How old is Melinda Rogers? My response to that is we have shareholder meetings for a reason. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. 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 .