Career
In 1960, he joined Atlantic Sugar Refineries as a Process Engineer and was a Refining Superintendent from 1963 to 1968. After graduating from Harvard in 1970, he became a Senior Associate at McKinsey & Co., a management consultant firm based in New York.
In 1972, he joined Loblaws as a Vice-President, becoming Executive Vice-President in 1974, and President in 1976. Loblaws increased its market share over 350 times in 25 years while under his control, reaching $14 billion before he stepped down on December 31, 2000. Through this, it became the largest private sector employer in Canada.
In 1996, he was appointed President of Loblaws parent company, George Weston Ltd., where he increased the share price from $16 to $123. In 2002 he stepped down from Weston and was appointed Chairman of BCE Inc. on April 24 of that year.
He, along with Lynton Wilson, Anthony S. Fell, James Fleck, Henry N.R. Jackman and John McArthur, helped establish a chair in Canadian business history at the Joseph L. Rotman School of Management, which is the first chair of its kind in Canada. Worth $3 million, it will help fund courses and research related to the progress of the commerce industry in Canada, along with the legal, economic and political events that impacted its history.
He was the Chairman of BCE Inc. and Bell Canada from 2002 to 2009 and currently sits on the board of directors of CAE, and Staples, Inc. and is also a Trustee of The Art Gallery of Ontario and a Director of Historical Foundation of Canada. Along with these titles, he is also Chairman of the Board of Telesat and was a Director of Imperial Oil Limited, and a member of the International Advisory Boards of RJR Nabisco and Jacobs Suchard.
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Famous quotes containing the word career:
“From a hasty glance through the various tests I figure it out that I would be classified in Group B, indicating “Low Average Ability,” reserved usually for those just learning to speak the English Language and preparing for a career of holding a spike while another man hits it.”
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