If you are a Home delivery print subscriber, unlimited online access is. 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. There was an error, please provide a valid email address. . Philanthropist and Rogers director, Loretta Rogers, dead at 83 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. All rights reserved. And as a daughter of my fathers.. Edward wanted Tony Staffieri, the longtime chief financial officer. 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. 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. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 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. The information you requested is not available at this time, please check back again soon. Melinda Rogers-Hixon on LinkedIn: Opinion: Let's take inspiration from We apologize, but this video has failed to load. 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. 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 business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. Melinda Rogers-Hixon at her home in Toronto. That allowed him to unilaterally fire five directors whod opposed him. A statement on behalf of Loretta Rogers, Melinda Rogers-Hixon, Martha Subscribe now to read the latest news in your city and across Canada. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Will His AI Plans Be Any Different? Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Terms of use. Melinda M. Rogers-Hixon - Rogers Investor Relations Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. Major company holdings: Rogers Communications. Canada's Richest People: The Rogers Family - Canadian Business How old is Melinda Rogers? Create an account or sign in to continue with your reading experience. Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . 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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. 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 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. Melinda Hixon's Instagram, Twitter & Facebook on IDCrawl But important matters remain unresolved, including the top executive. We encountered an issue signing you up. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. I find it quite regrettable.. Ted Rogers, she said, would be appalled by recent developments. 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 favor. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. This is their biggest dream. He was actually quite principled, and I think hed kick our ass, frankly, she said. 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Article content. 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.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . 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. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Melinda Rogers wants peace with her brother Edward, but deep rifts A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. And not even six months of operating experience, she said. Postmedia has not reviewed the content. 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. Melinda has 1 job listed on their profile. 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. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. For more information:media@rci.rogers.com1-844-226-1338. Edward wanted Tony Staffieri, the longtime chief financial officer. The power struggle has died down for the moment, and family members speak to one another regularly, she said. The daughter of the late Ted Rogers is a director at Rogers Communications. We will stand behind each and every commitment made by our team today. 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. If you are a Home delivery print subscriber, unlimited online access is. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. 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. Read more about cookies here. 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. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. 'We have to find a way to work together': Melinda Rogers-Hixon says it 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. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. 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. 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. 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. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. 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. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. . Unauthorized distribution, transmission or republication strictly prohibited. A statement on behalf of Loretta Rogers, Melinda Rogers-Hixon, Martha There was an error, please provide a valid email address. Thirteen years and youve had four heads of cable? Privacy. We apologize, but this video has failed to load. Melinda M. Rogers-Hixon - Biography - MarketScreener Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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. Avatar: The Way of Water uses crazy tech, but does it look better or worse? The deal was the subject of a hearing with the Canadian Radio-television and Telecommunications Commission (CRTC) last week. Melinda Rogers-Hixon's Post - linkedin.com Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. . 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Rogers Board Taps Chairman's Sister Melinda to Manage His Talks With Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. 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. 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. 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 . The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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. 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. 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. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. Melinda Rogers-Hixon's Post. . She is the owner of the Loretta Anne yacht. About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. 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