Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. Her net worth is estimated to be $8 billion. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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. And not even six months of operating experience, she said. Please try again. This advertisement has not loaded yet, but your article continues below. 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. The daughter of the late Ted Rogers is a director at Rogers Communications. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Oh my god, hes worth his weight in gold, Rogers-Hixon said. 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. Thirteen years and youve had four heads of cable? Copyright 2023 Surperformance. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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 . 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. 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. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. Will His AI Plans Be Any Different? No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. Copyright 2023 Surperformance. 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. I find it quite regrettable.. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. 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. He brought us the Shaw deal thats no small feat, she said. Melinda M. Rogers-Hixon. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. Visit our Community Guidelines for more information and details on how to adjust your email settings. 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What followed was an extraordinary series of events that transfixed corporate Canada. 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. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. Recommended from Editorial Avatar: The Way of Water uses crazy tech, but does it look better or worse? 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. We ask you to keep your comments relevant and respectful. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. The conflict isnt personal, she said. But important matters remain unresolved, including the top executive. This is their biggest dream. He was actually quite principled, and I think hed kick our ass, frankly, she said. 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. Age : 51. 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. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. 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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, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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. If you want to find out more about us, visit about.rogers.com. Hed be pissed.. 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. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 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. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. 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. Edward wanted Tony Staffieri, the longtime chief financial officer. Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. 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. Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. Edward wanted Tony Staffieri, the longtime chief financial officer. If you don't see it, please check your junk folder. 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. She is the owner of the Loretta Anne yacht. melinda rogers hixon net worth. 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. Article content. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. . 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. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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. 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. Ted Rogers, she said, would be appalled by recent developments. There was an error, please provide a valid email address. Melinda Rogers-Hixon's Post. 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. Last updated: 1 February 2023 at 11:00am EST. The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. 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See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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.
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