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The oldest executive at Rogers Communications Inc. is Loretta Rogers, 80, who is the Director. 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. 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 conflict isnt personal, she said. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Subscribe now to read the latest news in your city and across Canada. Location: Toronto. This is their biggest dream. TORONTO, Oct. 24, 2021 (GLOBE NEWSWIRE) We unequivocally support Joe Natale as CEO and support his management team. 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. Ms. Rogers-Hixon serves on the board of Maple Leaf Sports and Entertainment and is Chair of Jays Care Foundation. Linked companies : Rogers Communications Inc. - Bombardier Inc. Summary. Article content. 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. 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. 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. 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. See the complete profile on LinkedIn and discover Melinda's connections and jobs at similar companies. There are 19 older and 1 younger executives at Rogers Communications. For Rogers-Hixon, there appears to be lingering frustration about the way the events played out this fall. 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. Think of Bell or Telus, she said, referring to Rogers main competitors. Its an obligation, a responsibility not only as a board member and a shareholder, but as a member of the family. Theres a new head of the cable division, Robert Depatie, until recently a director who aligned himself with Edward Rogers in the boardroom battle. 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Unauthorized distribution, transmission or republication strictly prohibited. There are 10 executives at Rogers Communications getting paid more, with JosephNatale having the highest compensation of $11,704,000. Ms. Rogers-Hixon was appointed a director of Rogers Bank on December 31, 2017. 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. Former CEO experience would be, frankly, very nice as well. Staffieri is a career finance executive who hasnt been a CEO before. Privacy. 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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She joined forces with other board members last month . 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. Create an account or sign in to continue with your reading experience. Merging with Shaw was a dream held by her late father, company founder Ted Rogers. There was an error, please provide a valid email address. 'We'll spend every penny,' Rogers sister warns amid family war Copyright 2023 Surperformance. Sign-up for MobileSyrup news sent straight to your inbox. "Think of Bell or Telus," she said, referring to. Think of Bell or Telus, she said, referring to Rogerss main competitors. And not even six months of operating experience, she said. Please try again. Also Read: Who is Henry Lebron? Melinda Rogers-Hixon wants peace -- within her family and inside the boardroom of Canadas largest wireless and cable company. 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. 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. After all, she points out, they have an obligation to employees, customers and shareholders to do so. Oh my god, he's worth his weight in gold," Rogers-Hixon said. 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 . Melinda Rogers - Sr VP, Strategy & Development - LinkedIn 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. 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. 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. Ms. Rogers was appointed a director of Rogers Bank on December 31, 2017. 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). Ms. Rogers was awarded an honorary doctorate from Huron University College at Western University in November 2018. Natale was ousted and replaced by Rogers pick, Tony Staffieri, the companys chief financial officer. In the meantime, the revolving door still spins at the companys headquarters in Toronto. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. View Melinda Rogers' profile on LinkedIn, the world's largest professional community. Melinda M. Rogers-Hixon founded Rogers Venture Partners LLC. Hed be pissed.. Edward Rogers cannot simply replace several board members at the company his father created with the stroke of a pen, according to the lawyer representing one of his sisters. We remain as duly elected members of the Rogers Communications Inc. Board and represent the majority of the Board members of the company. I find it quite regrettable.. 2023 Financial Post, a division of Postmedia Network Inc. All rights reserved. She was founder of Rogers . 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. The company is coming off its best third quarter in wireless in years. Melinda Rogers - Toronto Life We along with the Management continue to work tirelessly on behalf of all stakeholders including customers, employees, and shareholders. 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