melinda rogers hixon net worth

View Melinda Rogers' profile on LinkedIn, the world's largest professional community. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Terms of use. Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. 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. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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 wanted Tony Staffieri, the longtime chief financial officer. If you don't see it, please check your junk folder. 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 4d An interesting take on the state of women in the C-suite from Rita Trichur. 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. Edward wanted Tony Staffieri, the longtime chief financial officer. 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. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. Oh my god, hes worth his weight in gold, Rogers-Hixon said. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. . Melinda Rogers-Hixon at her home in Toronto. Melinda Rogers-Hixon wants peace within her family and inside the boardroom of Canadas largest wireless and cable company. The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. 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. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. Comments may take up to an hour for moderation before appearing on the site. 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Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. The daughter of the late Ted Rogers is a director at Rogers Communications. 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. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. We ask you to keep your comments relevant and respectful. 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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Executives from Rogers argued this merger was the best for Canadians as it would bring more options to the market and increase competition. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. Musk Made a Mess at Twitter. After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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. 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 company is coming off its best third quarter in wireless in years. 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. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Hed be pissed.. 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. 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. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. 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 . He was actually quite principled, and I think hed kick our ass, frankly, she said. All rights reserved. sisters Melinda Rogers-Hixon and Martha Rogers and his mother. She was founder of Rogers . Public asset : 54,348,805 USD. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. When Canadian carriers lock their doors, does it change the shopping experience? Melinda Rogers-Hixon's Post. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. 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. 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. 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 : 51. 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. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. 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. articles a month for anyone to read, even non-subscribers! 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Edward Rogers, chairman of Rogers Communications Inc., attends a Canadian Radio-Television And Telecommunications Commission (CRTC) hearing in Gatineau, Quebec, in November. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. Please try again. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. Article content. Think of Bell or Telus, she said, referring to Rogers main competitors. But important matters remain unresolved, including the top executive. Melinda Rogers-Hixon, deputy chair of Rogers Communications Inc., at her home in Toronto. She is the owner of the Loretta Anne yacht. 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. Last updated: 1 February 2023 at 11:00am EST. 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. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Create an account or sign in to continue with your reading experience. Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. Comments may take up to an hour for moderation before appearing on the site. 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. If you want to find out more about us, visit about.rogers.com. Her net worth is estimated to be $8 billion. 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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. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. melinda rogers hixon net worth. The Posthaste newsletter has all the breaking business news and market signals you need, The Posthaste newsletter the business news you need, Melinda Rogers wants peace with her brother Edward, but deep rifts remain, Death of the balcony: Why an outdoor space of one's own may soon be a luxury in condoland, The CRA generally lets you claim family medical expenses not this time, Nordstrom joins the exodus of U.S. retailers from Canada: What you need to know, We are very clearly in an energy supply crisis Eric Nuttall sees return of triple-digit oil prices, 'Panic station at Fox News': How the Murdochs agonized over Trump's election loss. Net Worth:$11.57 billion( 26.9% from 2017) Rich 100 rank: #4. 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. 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. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. If you are a Home delivery print subscriber, unlimited online access is. Create an account or sign in to continue with your reading experience. There was an error, please provide a valid email address. Melinda has 1 job listed on their profile. Aspects specifically relating to broadcasting were discussed. Age, Boxer Wiki, Family, Net worth, Biography Everything about Education Rogers graduated from the University of Miami with a Bachelor of Fine Arts degree. 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 . The next issue of Financial Post Top Stories will soon be in your inbox. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. This is their biggest dream. Dave Fuller? Melinda Rogers-Hixon Deputy Chair & Director of the Board, Rogers Communications, Partner GTA Toronto . 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. 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. Unauthorized distribution, transmission or republication strictly prohibited. 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. The Toronto-based telecommunications company said the group is made up of three directors, including Edwards sister Melinda Rogers-Hixon. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. 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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. Wireless head Dave Fuller is a Natale protege who has already stated publicly that he doesnt want to work for another CEO. 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. Visit our Community Guidelines for more information and details on how to adjust your email settings. Mr. Rogers and his supporters, meanwhile, believe B.C. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. Rogers matriarch Loretta Rogers wielded a quiet power theglobeandmail.com . 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. We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. 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 And for all the differences the two have had, never once, she says, did she doubt his intentions. 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melinda rogers hixon net worth