Peter Munk - Career

Career

In 1958, he founded Clairtone with business partner David Gilmour. This company manufactured high-end console stereos and later televisions, which were recognizable icons of their day. The most famous Clairtone designs were the "Project G" series which was seen in the film The Graduate.

Later, he founded and was Chairman and CEO of Southern Pacific Hotel Corporation, the largest hotel and restaurant chain in Australasia in the 1970s. Munk is now Chairman and founder of Barrick Gold, the world's largest gold mining corporation. Munk was founder, Chairman and CEO of Trizec Properties (one of the largest U.S. REITs – listed on the NYSE), where in 2006 Trizec was sold to Brookfield Properties.

He is a distinguished lecturer at James Gillies Alumni Lecture, York University, Toronto. Munk has also been a member of various boards including:

  • Trustee of the Toronto Hospital.
  • Chairman of the University of Toronto Crown Foundation.
  • Member of the World Gold Council.

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