Melinda Rogers-Hixon's Post. 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. Please try again. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. 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. 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. 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. The daughter of the late Ted Rogers is a director at Rogers Communications. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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.. We ask you to keep your comments relevant and respectful. 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. Think of Bell or Telus, she said, referring to Rogerss main competitors. 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. The conflict isnt personal, she said. Think of Bell or Telus, she said, referring to Rogers main competitors. 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 content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. 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. He believed Natales performance wasnt up to par. 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. 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If you want to find out more about us, visit about.rogers.com. Location: Toronto. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. 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. . Rogers assured the CRTC drama surrounding the board wouldnt make its way into the merger. She was founder of Rogers . Melinda Rogers-Hixon 1mo Report this post She was a role model to me and so many women. How old is Melinda Rogers? 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. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. 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. In the meantime, the revolving door still spins at the companys headquarters in Toronto. And for all the differences the two have had, never once, she says, did she doubt his intentions. Age : 51. Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. Copyright 2023 Surperformance. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. 2023 Blue Ant Media Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. "Think of Bell or Telus," she said, referring to. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. This is their biggest dream. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Article content. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. My response to that is we have shareholder meetings for a reason. 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. Thirteen years and youve had four heads of cable? Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. 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. 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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. 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A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. 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. 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 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. The deal was the subject of a hearing with the Canadian Radio-television and Telecommunications Commission (CRTC) last week. Melinda Rogers-Hixon at her home in Toronto. 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. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. 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. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. Copyright 2023 Surperformance. 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. 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. If you don't see it, please check your junk folder. All rights reserved. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Melinda M. Rogers-Hixon. 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. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. She joined forces with other board members last month . Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. 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. Sign-up for MobileSyrup news sent straight to your inbox. melinda rogers hixon net worth. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. And for all the differences the two have had, never once, she says, did she doubt his intentions. 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. 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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. And as a daughter of my fathers.. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. 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. 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. . After all, she points out, they have an obligation to employees, customers and shareholders to do so. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. 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Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. And not even six months of operating experience, she said. We apologize, but this video has failed to load. 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. We ask you to keep your comments relevant and respectful. He was actually quite principled, and I think hed kick our ass, frankly, she said. There are 19 older and 1 younger executives at Rogers Communications. Terms of use. But important matters remain unresolved, including the top executive. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. I find it quite regrettable.. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. 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