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. 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. No other group of individuals has any authority to purport to act as the Board of Directors of Rogers Communications Inc. I believe that my brother wants to do what's right for the company. Edward wanted Tony Staffieri, the longtime chief financial officer. 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Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. 2023 Blue Ant Media . 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 Avatar: The Way of Water uses crazy tech, but does it look better or worse? Subscribe now to read the latest news in your city and across Canada. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. We will stand behind each and every commitment made by our team today. 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. About Rogers Rogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Visit our Community Guidelines for more information and details on how to adjust your email settings. 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. Copyright 2023 Surperformance. Edward wanted Tony Staffieri, the longtime chief financial officer. 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. Oh my god, hes worth his weight in gold, Rogers-Hixon said. My response to that is we have shareholder meetings for a reason. 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. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. 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. 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. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Article content. 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. Thirteen years and youve had four heads of cable? Sign-up for MobileSyrup news sent straight to your inbox. The company is coming off its best third quarter in wireless in years. 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. articles a month for anyone to read, even non-subscribers! And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries. Think of Bell or Telus, she said, referring to Rogers main competitors. from the University of Western Ontario and a M.B.A. from Joseph L. Rotman School of Management at the University of Toronto. 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. . Ms. Rogers-Hixon has held progressively senior roles at Rogers Communications Inc. since joining the company in 2000. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. If you want to find out more about us, visit about.rogers.com. Ted Rogers, she said, would be appalled by recent developments. Ted Rogers, she said, would be appalled by recent developments. 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. The oldest executive at Rogers Communications Inc. is LorettaRogers, 80, who is the Director. 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 . Rogers-Hixon told the Globe Natale was the best CEO the company had since her father. Melinda Hixon is Deputy Chairman of the Board of Rogers Communication. We apologize, but this video has failed to load. Melinda Rogers-Hixon is one of three directors on new panel, Third-quarter earnings match estimates; revenue is flat. Wait, so now you have a fifth, whos changing the strategy again, Rogers-Hixon said. The Toronto-based telecommunications company said the group is made up of three directors, including Edward's sister Melinda Rogers-Hixon. Melinda Rogers-Hixon's Post. And as a daughter of my fathers.. 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. Loretta Rogers, the company matriarch, moved a motion to remove her own son as chairman of Rogers Communications. 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Our board, our management team, and I are totally committed to this deal. 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. What followed was an extraordinary series of events that transfixed corporate Canada. 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. 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. Subscribe now to read the latest news in your city and across Canada. I find it quite regrettable.. Ms. Rogers-Hixon was awarded an honorary doctorate from Huron University College at Western University in November 2018. 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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. 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. Unauthorized distribution, transmission or republication strictly prohibited. That committee included three people MacDonald, director John Clappison and Melinda Rogers-Hixon, Edward's sister. Rogers totally committed to Shaw acquisition, chair says as CRTC hearings begin, Joe Natale out as Rogers CEO, to be replaced by former CFO Staffieri, Its the founders way or the highway: Governance at Rogers has raised eyebrows before, Rogers faces recruiting trouble if CEO is ousted, Newhaven president says, 'Its the founders way or the highway': Governance at Rogers has raised eyebrows before, tap here to see other videos from our team, Unlimited online access to articles from across Canada with one account, Get exclusive access to the National Post ePaper, an electronic replica of the print edition that you can share, download and comment on, Enjoy insights and behind-the-scenes analysis from our award-winning journalists, Support local journalists and the next generation of journalists, Daily puzzles including the New York Times Crossword, Access articles from across Canada with one account, Share your thoughts and join the conversation in the comments, Get email updates from your favourite authors. 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. Melinda Mary Rogers serves as Deputy Chairman of the Board of the Company. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. 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. She is Chairman at Jays Care Foundation, Director-Governing Council at the University of Toronto and Member-Governors Board at Huron University . This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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. Rogers Communications executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Dave Fuller? 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. Most analysts expect Rogers to face a tough negotiation with Canadas competition body and the government before closing the deal sometime in 2022. I believe that my brother wants to do whats right for the company, she said during a 90-minute interview. After all, she points out, they have an obligation to employees, customers and shareholders to do so. 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.
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