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Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. 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Major company holdings: Rogers Communications. 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. Read more about cookies here. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. 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. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. What followed was an extraordinary series of events that transfixed corporate Canada. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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. He brought us the Shaw deal thats no small feat, she said. 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 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. "Think of Bell or Telus," she said, referring to. Unauthorized distribution, transmission or republication strictly prohibited. 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. Also Read: Who is Henry Lebron? If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. 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). 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. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. We apologize, but this video has failed to load. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 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. 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. Ms. Rogers holds a B.A. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. The company is coming off its best third quarter in wireless in years. 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. 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. Privacy. 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.. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. She joined forces with other board members last month . Oh my god, hes worth his weight in gold, Rogers-Hixon said. The power struggle has died down for the moment, and family members speak to one another regularly, she said. 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. Ms. Rogers-Hixon holds a B.A. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Subscribe now to read the latest news in your city and across Canada. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. 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. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. She joined forces with other board members last month to block the move to replace Natale with Chief Financial Officer Tony Staffieri. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. Oh my god, he's worth his weight in gold," Rogers-Hixon said. 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. When Canadian carriers lock their doors, does it change the shopping experience? 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. Last updated: 1 February 2023 at 11:00am EST. 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 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. 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 chair position, was beyond his authority. Operating experience is a must for wireless companys CEO, Family has a duty to mend fences after battle, director says. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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. As the Deputy Chairman of the Board of Rogers Communications, the total compensation of Melinda Rogers at Rogers Communications is $527,044. She was founder of Rogers . And for all the differences the two have had, never once, she says, did she doubt his intentions. 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. I believe that my brother wants to do what's right for the company. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. All rights reserved. . About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Hed be pissed.. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. The next issue of Financial Post Top Stories will soon be in your inbox. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. The company is coming off its best third quarter in wireless in years. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. 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 daughter of the late Ted Rogers is a director at Rogers Communications. Article content. And for all the differences the two have had, never once, she says, did she doubt his intentions. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. We encountered an issue signing you up. 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. His mother Loretta Rogers and sisters Martha Rogers and Melinda Rogers-Hixon were firmly against the plan and tried unsuccessfully to rein in Edward's control over the Rogers Control Trust, the vehicle put into effect after Ted Rogers died in 2008 through which they exercise control over the large telecommunication company. Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in 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. The daughter of the late Ted Rogers is a director at Rogers Communications. 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. 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 . . This advertisement has not loaded yet, but your article continues below. Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. 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. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Think of Bell or Telus, she said, referring to Rogerss main competitors. 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.