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. 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. articles a month for anyone to read, even non-subscribers! As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. 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 Hixon is Deputy Chairman of the Board of Rogers Communication. If you are a Home delivery print subscriber, unlimited online access is. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . If you want to find out more about us, visit about.rogers.com. 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. But important matters remain unresolved, including the top executive. 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). Melinda M. Rogers-Hixon. And for all the differences the two have had, never once, she says, did she doubt his intentions. 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. This is their biggest dream. In a release Sunday night, the board that Mr. Rogers is leading said he intends to ask the British Columbia Supreme Court to validate the legality of his move. 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. 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? 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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. 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. Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. There are 19 older and 1 younger executives at Rogers Communications. articles a month for anyone to read, even non-subscribers! The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. The information you requested is not available at this time, please check back again soon. Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . 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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. Public asset : 54,348,805 USD. 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. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. And for all the differences the two have had, never once, she says, did she doubt his intentions. The daughter of the late Ted Rogers is a director at Rogers Communications. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. Oh my god, he's worth his weight in gold," Rogers-Hixon said. We ask you to keep your comments relevant and respectful. If you don't see it, please check your junk folder. Comments may take up to an hour for moderation before appearing on the site. We encountered an issue signing you up. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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. Ms. Rogers holds a B.A. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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 wants peace within her family and inside the boardroom of Canada's largest wireless and cable company. 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. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. The power struggle has died down for the moment, and family members speak to one another regularly, she said. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. 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 holds a B.A. 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. Operating experience is a must for wireless companys CEO, Family has a duty to mend fences after battle, director says. The company is coming off its best third quarter in wireless in years. She joined forces with other board members last month . 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. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. In the meantime, the revolving door still spins at the companys headquarters in Toronto. In the meantime, the revolving door still spins at the companys headquarters in Toronto. melinda rogers hixon net worth. Rogers is currently in the process of acquiring Shaw, a broadcaster serving Western Canada. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Think of Bell or Telus, she said, referring to Rogerss main competitors. Change in rank from 2017: No change. We apologize, but this video has failed to load. 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. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. When Canadian carriers lock their doors, does it change the shopping experience? 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 deal was the subject of a hearing with the Canadian Radio-television and Telecommunications Commission (CRTC) last week. We apologize, but this video has failed to load. This is their biggest dream. 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. Hed be pissed.. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. Dave Fuller? He was actually quite principled, and I think hed kick our ass, frankly, she said. Aspects specifically relating to broadcasting were discussed. 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. Sign-up for MobileSyrup news sent straight to your inbox. 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. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Postmedia has not reviewed the content. And not even six months of operating experience, she said. Article content. She is the owner of the Loretta Anne yacht. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. This advertisement has not loaded yet, but your article continues below. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Think of Bell or Telus, she said, referring to Rogers main competitors. How old is Melinda Rogers? 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. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. Musk Made a Mess at Twitter. 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. Lawyers representing the company, along with several Rogers family members including Loretta Rogers - Edwards mother and widow of the late Ted Rogers - insist the only way to remove a director from the corporate board is through a shareholder meeting. Create an account or sign in to continue with your reading experience. Thirteen years and youve had four heads of cable? 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. Visit our Community Guidelines for more information and details on how to adjust your email settings. 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. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. 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. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Will His AI Plans Be Any Different? 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. 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. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of 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 is a proud Canadian company dedicated to making more possible for Canadians each and every day. . We ask you to keep your comments relevant and respectful. 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. What followed was an extraordinary series of events that transfixed corporate Canada. He believed Natales performance wasnt up to par. 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. Ted Rogers, she said, would be appalled by recent developments. Location: Toronto. We encountered an issue signing you up. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. Our board, our management team, and I are totally committed to this deal. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. 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. This advertisement has not loaded yet, but your article continues below. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. We will stand behind each and every commitment made by our team today. . The conflict isnt personal, she 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. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. There was an error, please provide a valid email address. 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.. 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. Will His AI Plans Be Any Different? Edward wanted Tony Staffieri, the longtime chief financial officer. After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. . Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. 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. Read more about cookies here. Unauthorized distribution, transmission or republication strictly prohibited. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. I find it quite regrettable.. She told The Globe and Mail that rebuilding relationships isnt only important for the family, but for the future of Rogers and its employees. All rights reserved. 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. 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. Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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. Its founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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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