And as a daughter of my fathers.. 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 Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. 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. Musk Made a Mess at Twitter. . Copyright 2023 Surperformance. All rights reserved. Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. 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 not even six months of operating experience, she said. Create an account or sign in to continue with your reading experience. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. Mr. Rogers and his supporters, meanwhile, believe B.C. Please try again. Some folks might say there is some opening in the British Columbia statute and if that opening exists [Mr. Rogers] should be able to avail himself of it. Soliman said. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. Copyright 2023 Surperformance. The information you requested is not available at this time, please check back again soon. Dave Fuller? This is their biggest dream. The power struggle has died down for the moment, and family members speak to one another regularly, she said. What followed was an extraordinary series of events that transfixed corporate Canada. Edward wanted Tony Staffieri, the longtime chief financial officer. She was founder of Rogers . Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. 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. This advertisement has not loaded yet, but your article continues below. If you are a Home delivery print subscriber, unlimited online access is. 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. 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 . Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, Stock Traders Are Ignoring Blaring Bond Alarms, iPhone Maker Plans $700 Million India Plant in Shift From China, Russia Is Getting Around Sanctions to Secure Supply of Key Chips for War. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. 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. That allowed him to unilaterally fire five directors whod opposed him. If you are a Home delivery print subscriber, unlimited online access is. If you want to find out more about us, visit about.rogers.com. Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canada's largest wireless and cable company. "Think of Bell or Telus," she said, referring to. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. The power struggle has died down for the moment, and family members speak to one another regularly, she said. Musk Made a Mess at Twitter. 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 . Ms. Rogers has held progressively senior roles at Rogers since joining the company in 2000. Major company holdings: Rogers Communications. Thirteen years and youve had four heads of cable? 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. Ted Rogers, she said, would be appalled by recent developments. Comments may take up to an hour for moderation before appearing on the site. 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. We encountered an issue signing you up. melinda.hixon@comcast.net melindahixon1290@yahoo.com melindahixon@alltel.net Current address 2547 Patterson Bridge . There was an error, please provide a valid email address. He brought us the Shaw deal thats no small feat, she said. The conflict isnt personal, she said. The conflict isnt personal, she said. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. 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. And as a daughter of my fathers.. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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. Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. 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. Recommended from Editorial And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Visit our Community Guidelines for more information and details on how to adjust your email settings. Rogers-Hixon confirmed she is speaking with her brother but the two have a lot to get through. Will His AI Plans Be Any Different? 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. articles a month for anyone to read, even non-subscribers! This is their biggest dream. For more information:media@rci.rogers.com1-844-226-1338. 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. 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. . 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. Her net worth is estimated to be $8 billion. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Also Read: Who is Henry Lebron? Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. The more unstable we are, the harder it is for us to execute and the easier it is for them to outperform us.. We will stand behind each and every commitment made by our team today. We apologize, but this video has failed to load. Change in rank from 2017: No change. 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. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. The information you requested is not available at this time, please check back again soon. The company is coming off its best third quarter in wireless in years. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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. Melinda Rogers-Hixon's Post. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. We ask you to keep your comments relevant and respectful. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. The daughter of the late Ted Rogers is a director at Rogers Communications. 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. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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. 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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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. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. And for all the differences the two have had, never once, she says, did she doubt his intentions. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. We encountered an issue signing you up. 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