Melinda Rogers is 49, she's been the Deputy Chairman of the Board of Rogers Communications since 2018. Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. 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. What followed was an extraordinary series of events that transfixed corporate Canada. Ms. Rogers holds a B.A. 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. 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. "Think of Bell or Telus," she said, referring to. Ms. Rogers-Hixon has held progressively senior roles at Rogers since joining the company in 2000. 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. 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. Perched on a sofa inside her home in one of Toronto's most. 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. 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 . Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. 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. Rogers-Hixon, her sister, mother, and numerous directors on the board were against the move; Rogers succeeded in the end. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . Change in rank from 2017: No change. Dave Fuller? The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe 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.. Ms. Rogers serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. For more information:media@rci.rogers.com1-844-226-1338. Visit our Community Guidelines for more information and details on how to adjust your email settings. 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. 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The Posthaste newsletter has all the breaking business news and market signals you need, The Posthaste newsletter the business news you need, A statement on behalf of Loretta Rogers, Melinda Rogers-Hixon, Martha Rogers, John A. 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Think of Bell or Telus, she said, referring to Rogers main competitors. There was an error, please provide a valid email address. Hed be pissed.. Melinda Hixon corporate profile, background and performance evaluation including other Rogers Communication executives . Its an obligation, a responsibility -- not only as a board member and a shareholder, but as a member of the family. 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. If at any time, somebody had the majority of votes in connection with a company and were able to just sign a piece of paper and replace the independent directors then we would never have shareholder meetings., Soliman said Mr. Rogers actions were not leader-like behaviour and it needs to be shut down and I expect the courts will shut this down., Shares in Rogers Communications fell as much as 6.2 per cent in early trading on Monday as investors reacted to the turmoil. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Will His AI Plans Be Any Different? Sign-up for MobileSyrup news sent straight to your inbox. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. 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If you are a Home delivery print subscriber, unlimited online access is. articles a month for anyone to read, even non-subscribers! 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. Public asset : 54,348,805 USD. 2023 Blue Ant Media Aspects specifically relating to broadcasting were discussed. But it will be the largest and most complex deal Rogers Communications has ever done, assuming it can win approval from regulators. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. Last updated: 1 February 2023 at 11:00am EST. 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. There are 19 older and 1 younger executives at Rogers Communications. 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. Subscribe now to read the latest news in your city and across Canada. The conflict isnt personal, she said. 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 Canadian carriers lock their doors, does it change the shopping experience? But important matters remain unresolved, including the top executive. Comments may take up to an hour for moderation before appearing on the site. Create an account or sign in to continue with your reading experience. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. Visit our Community Guidelines for more information and details on how to adjust your email settings. If you want to find out more about us, visit about.rogers.com. Moments in an interview revealed magnitude of fissures inside Rogers clan and how tricky repairing them will be. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. This advertisement has not loaded yet, but your article continues below. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. Most recently, she was Founder of Rogers Venture Partners from 2011 to 2018. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. 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. The company is coming off its best third quarter in wireless in years. Our board, our management team, and I are totally committed to this deal. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Ms. Rogers-Hixon holds a B.A. A month ago, after prevailing in court, Edward and his board allies installed Staffieri, officially on an interim basis. 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.
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