Rogers Communications Board Members Rogers, Rogers-Hixon to Retire After Private Family Settlement

By Adriano Marchese

Rogers Communications said Wednesday that two board members and members of the Rogers family have retired from the company board as part of a private family settlement.

The Canadian telecommunications giant said Melinda Rogers-Hixon and Martha Rogers have decided to retire from the Rogers board as part of a private settlement between members of the Rogers family.

The decision is the latest development in a longstanding family feud which stemmed from disagreements over governance of the company.

In October, the two sisters launched a legal challenge against Rogers to obtain documents regarding the company's recent merger with Shaw Communications that they claimed the company was withholding from them.

On Wednesday, the retiring board members said that with their family differences now settled, they believe this is the appropriate time to retire from the board.

Melinda Rogers-Hixon joined the Rogers board in 2002 and was appointed to the role of deputy chair in 2018. Before joining the board, she spent 15 years in management at the company in roles including senior vice president of strategy and Development and founder of Rogers Venture Partners in 2011.

Martha Rogers joined the board in 2008 and has served as chair of the ESG committee since 2021.

"We remain proud and committed shareholders of the company and look forward to supporting its success in the future. In the words of our late father, the best is yet to come," Rogers-Hixon and Rogers said in the statement.

Voting control of Rogers Communication is held by the Rogers Control Trust through its ownership of 97.5% of the voting Class A shares which was set up to benefit successive generations of the Rogers family.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

January 17, 2024 10:18 ET (15:18 GMT)

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