melinda rogers hixon net worth

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 . Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. She joined forces with other board members last month . Location: Toronto. 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. She is the owner of the Loretta Anne yacht. Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. He brought us the Shaw deal thats no small feat, she said. 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. 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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. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. 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. All rights reserved. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Oh my god, he's worth his weight in gold," Rogers-Hixon said. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. 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. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. If you don't see it, please check your junk folder. When Canadian carriers lock their doors, does it change the shopping experience? Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . 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. Sign-up for MobileSyrup news sent straight to your inbox. 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. 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. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. 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. 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 4d An interesting take on the state of women in the C-suite from Rita Trichur. 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. 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. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. Will His AI Plans Be Any Different? 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. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . 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. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . The next issue of Financial Post Top Stories will soon be in your inbox. 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. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. Terms of use. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. 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. Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. And for all the differences the two have had, never once, she says, did she doubt his intentions. 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. Comments may take up to an hour for moderation before appearing on the site. Visit our Community Guidelines for more information and details on how to adjust your email settings. 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. Perched on a sofa inside her home in one of Toronto's most. 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. 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. 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.. . The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. 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. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. He was actually quite principled, and I think hed kick our ass, frankly, she said. For more information:media@rci.rogers.com1-844-226-1338. 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. 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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. Russia's war on Ukraine latest: Putin casts war as battle for nation's survival, India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Elon Musk recruits team to develop OpenAI rival - The Information, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, French media billionaire Niel fails with bid for TNT television frequence - Arcom, DREAM OFFICE REAL ESTATE INVESTMENT TRUST, DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. 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). Copyright 2023 Surperformance. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. All rights reserved. Dave Fuller? Please try again. 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. I find it quite regrettable.. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. 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. Read more about cookies here. 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I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. Privacy. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat.

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