Visiting Jana's floor in the Mad Men-era General Motors Building is somewhat surreal, with what appeared to be just two-dozen staff spread over about a half-acre of some of the most expensive office space in Manhattan. As Hall did with Ackman in the CP uprising, he accompanied Rosenstein to meetings with the large Canadian institutional shareholders. Eventually, Glamis and Goldcorp did a friendly merger.". This button displays the currently selected search type. Agrium paid up to $1,500 for each proxy form collected from individual shareholders. Production on Season 16 of DRAGONS DENs will begin later this spring at CBC in Toronto. He founded Kingsdale in 2003 because he saw a growing and profitable niche: Activists and target regimes needed high-level advice and coaching in shareholder disputes. CanWest Global hired him as a law clerk and assistant corporate secretary a year later. This visit inspired me to revisit some of my favourite BIPOC authors and books that have inspired me the most. This post is based on a their Kingsdale memorandum. It stated that Green and at least six directors had to be replaced with Ackman's nominees. That was a step that I never thought that I would ever take, to leave that environment to come to Canada, he said. Does Victor Dodig no longer care about Black people? Learn more about Wes Hall and the Wes Hall Social . After graduating in 1988, Hall worked as a junior mailroom clerk at the tony legal firm, Strikeman Elliot, and used the staff education allowance to study law and finance and earn a law clerks certificate. In addition to his business accomplishments, he is a Dragon on that popular show and is on the board of TIFF, one of the most glamorous thing we have. I read Wes Halls new autobiography No Bootstraps When Youre Barefoot: My rise from a Jamaican plantation shack to the boardrooms of Bay Street. Skip to main content Management Information Circular 2022 - French About Us Who We Are This year, he was awarded an honorary degree from Queens University, the whitest university we have. He's CBC Dragon's Den's first Black dragon. He's orchestrated multi-billion-dollar deals for Air Canada, Citigroup, Tim Hortons, and Petro Canada and is #16 on Maclean's Power List of 50 influential Canadians. Much bigger assignments followed, including work on Xstrata PLC's hard-fought takeover of Falconbridge in 2006, and the $19-billion merger between Suncor and Petro-Canada in 2009. Wes Hall's Net Worth: $1-5 Million Age, Height & Body Measurements Wes Hall is currently age 81 years old. He says that we can't just give lip service anymore. Dianne Buckner hosts. In June 2020, Wes founded the BlackNorth Initiative. Your story is inspiring, this is a we https://t.co/9Pz3E8PPzd, RT @ArleneDickinson: Gilles couldnt have found a better investor than @kingofbaystreet. I marvel at what he could have accomplished in a country that wasnt beset with white supremacy. VN Capital Management is a cheapskate investor's dream. 2023 BlackEntrepreneurProfile.com. Its 2023 and Ira Gluskin is still around. Canada's first Black Dragon @cbcdragonFounder/Chairman @kingsdaleadvisors @blacknorthca2022 Canadian Business Leader of the Year . He was a wicketkeeper at the prestigious . To the viewers of the show, I cant thank you enough for your support and kindness over the years., From building a safe digital world in Club Penguin to capturing their learning with FreshGrade, my ventures have always been inspired by my kids, said Merrifield. Pershing Square Capital Managements campaign to replace the board of Canadian Pacific Railway. As Canadas trusted news source, we offer a uniquely Canadian perspective on news, current affairs and world affairs. This past weekend, Christine pointed the plaque out to me, and we read it for the first time in over a decade of living in this neighbourhood. Doctor of Laws, JD Hon. As the Executive Chairman and Founder of Kingsdale Advisors, he has delivered an unparalleled track record of success leading some of the highest profile deals and activist campaigns in North America. Whats she doing hoarding a big old home in Rosedale, when she should be in Florida zooming around in a golf cart? "I congratulate you," he said sarcastically to Agrium's directors. Net Worth 2020. Wes Hall is on the board of the Hospital for Sick Children Foundation. As you know and acknowledge, I am both Bay Streets Chief Kompromat Officer and the worlds 2nd least racist person. Posts. The sold-out event featured a West African drummer, Black and Ukrainian artists, and a keynote address by Wes Hall, Chairman and Founder, Kingsdale Advisors, Founder of the BlackNorth . Wes Hall founder and executive chairman at Kingsdale Advisors joins BNN Bloomberg to talk about dismantling systemic racism following the death of George Floyd and changing what our boardrooms look like. Recently named to Macleans Power List ranking of the 50 most powerful people in Canada, Hall is an innovator and entrepreneur who is revered as one of Canadas preeminent power brokers. The Coordinator, Residence Support will assist the Residence Managers and act as the first point of contact for programming and student engagement within the residence community at Huron. CP's operating ratioan industry benchmark that measures the percentage of a railroad's revenues that go toward operating expenses was more than 80 per cent, the highest among the six biggest North American rail carriers, compared with about 63 per cent for CN. Last month, Telfer's Entrepreneur Club (TECDE) hosted the 31st annual Toast to Success dinner. Cleghorn argued that Green was working on a multiyear turnaround strategy, and that Ackman really had no plan. ", WINGoodwood vs. Pet Valu (May, 2008) Acting for Goodwood "Won the fight even though management had over 30 per cent of the stock. Born: May 08, 1969, Golden Grove, Saint Thomas, Jamaica. Edit Overview Section. I was honoured to see the cover proudly displayed on this iconic bookstore's shelves and humbled to learn about our community's deep history in the Annex neighbourhood of Toronto. Now as I exit my latest company and both my kids prepare to leave home for school in the fall, its time to enjoy this season with them. Undisclosed. After repeated attempts to confront the board through letters, calls and even an in-person visit to company executives, Vanasek and Noone figured they had no choice but to fight: The fact that VN, one of Ceres's largest shareholders, was being completely ignoredwhen all they were asking were perfectly legitimate shareholder questionsflew in the face of good corporate governance for a public company. Police suspected drug ties. Talking about his body measurement, he has high of 6feet, 1 inch, and a weight of 77kg. I got to do something about it because I do have a platform. . In 1985, at age 16, Hall moved to Toronto to live with his father, a factory worker. Influenced by the Black Lives Matter (BLM) movement and a series of social injusticesspecifically the death of George Floyd in police custodyHall had an idea to use his privilege, power, and position to make a social impact. We won the vote with some great strategy. Regardless of what the regulators decide, as long as at least some Canadian corporate giants continue to underperform, business will still be good, no matter which side Hall is on. Wes Hall founded Kingsdale Advisors and built it into one of Canada's leading shareholder services and advisory firms. Duncan Bannatyne: 400 . Causa.. Institute of Corporate Directors, Rotman School of Management, University of Toronto. As Executive Chairman and Founder of Kingsdale Advisors, he has been repeatedly named one of Canada's most powerful people by The Globe and Mail, Canadian Business, Toronto Life, and Maclean's.He is also the owner of QM Environmental, a leading environmental and industrial services provider; Titan Supply, a top . But the contrast between CP and CN, and between Green and the direct, folksy Harrison who had many fans among Canadian and U.S. money managers was just too glaring. "I think we're going through an inflection point in Canada," he says. We won round one and lost round two. 2020-2021. Their overhead costs consist of rent and a Bloomberg terminal in total, about $70,000 a year. Hall, who is one of North Americas most influential power brokers, founded Kingsdale Advisors 18 years ago, at the age of 34. The program will start in the Fall of 2020 and award each student with $4,000 for the year. Yet Wes Hall went on to become a major entrepreneur, business leader, philanthropist, and change-maker, working his way up from a humble position in a law firm mailroom by way of his intelligence, his curiosity, and his ability to see opportunities that other people don't. These communities provide. We also deliver content in Spanish, Arabic and Chinese, as well as both official languages, through Radio Canada International (RCI). "You are a board that proved that if you play dirty enough, violate all precepts of good corporate governance, fair play, ethical behaviour and democracy, you can still lose the campaign but then barely manufacture a victory after the voting is supposed to be over.". Report on Business magazine: December 2015. After leaving CanWest in 1998, Hall did a brief stint as a relationship manager at CIBC Mellon, which handles the mechanics and record-keeping for share transfers, before being recruited to work for the shareholder communications consulting firm Georgeson Canada. CP's share price climbed (along with the value of Ackman's stake) to $65 within days of the announcement, up substantially from $50 in early October. Its unfortunate that such considerations entered his mind. Rosenstein's outburst capped a 10-month push for reform at Agrium. He does not mention how this quandary was resolved. Reporters compared it to an evangelical revival meeting. CBC today announced that a new Dragon will enter the Den for Season 16 of DRAGONS' DEN .Wes Hall, Executive Chairman and Founder of Kingsdale Advisors and Founder and Chairman of The BlackNorth . ", LOSSJana Partners vs. Agrium (April, 2013)Acting for Jana"A fight that was dubbed unwinnable came down to the wire in the end. We are leading the transformation to meet the needs of Canadians in a digital world. Wes Welker gets a salary of $9.5 million, and he has an estimated net worth of $25 million, as of February 2023. Wall Street agitators such as Bill Ackman, Barry Rosenstein and Carl Icahn, and a small but growing number of Canadians, such as Greg Boland of West Face Capital, want underperforming executives to raise shareholder returns fast, or get out of the way. . ", WINWheaton River/Iamgold/Coeur d'Alene/ Goldcorp/Glamis (January, 2005) Acting for Wheaton River and Goldcorp"This kept me busy for months. Hall, ICD.D Executive Chairman and Founder, Kingsdale Advisors Founder, BlackNorth Initiative Wes Hall came from very humble beginnings in Jamaica to become one of the most influential business people in Canada. Using the firm's generous education allowance for employees, he took night courses at community colleges finance at Seneca and law at George Brown and earned a law clerk's certificate. Halls an active board member of the SickKids Foundation, The Black Academy, and Pathways to Education. He is the Founder and Chairman of The Canadian Council of Business Leaders Against Anti-Black Systemic Racism and The BlackNorth Initiative, committed to the removal of anti-Black systemic barriers negatively affecting the lives of Black Canadians. Dragons Den Canada Net Worth's 1 - Jim Treliving - Net Worth: $700 Million How He Made It Jim Treliving started out as an officer in the Royal Canadian Mounty Police force. https://t.co/7flGmcKrx3 Management was going to lose. He decided to risk his financial security and . One of my favourite movies is the Pursuit of Happiness, where Will Smith portrays a man down on his luck launching a career as a financial advisor. When you come from that tin shack, youre not risk averse. Interestingly, I learned that TIFF had total assets of $101m (mostly land and buildings). In November, he flew to Montreal to meet with them and, as he has done with other targets in the past, gave them a thick book detailing changes he would like to see at the company. His company, Kingsdale Advisors, has a yearly revenue of $35 Million. ", When asked if he will return to invest in Canada after losing one of the few times in his 25-year career, Rosenstein thinks for a few seconds, then responds: "To be honest, I would think long and hard about coming back to Canada, because of the experience we had. Wesley J. Wes Hall is also a self-proclaimed philanthropist with $5,021 in his foundation as of 2020. I am assuming that his philanthropy is structured some other way, because I dont think $5k goes very far in fighting centuries of white privilege. Then they invested in Ceres Global. He's also one of the most unlikelyraised by his maternal grandmother in a tin shack in Golden Grove, Jamaica, one of 15 half-brothers and sisters. They showcase Black authors, which we need more, and shine a light on the richness of Black history in Toronto as educators @blackhurstculturalcentre. Summary. I am touched by Gilles drive, bravery, and will https://t.co/CtP8dBrbXN, RT @colindeacon: Im behind in my @cbcdragons episodes. Their bill for the whole activist affair? It's actually a myth about how to make money on Facebook Wesley J. Please only use it for a guidance and Wes Hall (businessman)'s actual income may vary a lot from the dollar amount shown above. He went to school barefoot and got made fun of for being the poor kid even in a place where everyone was poor. . His client list includes such domestic and foreign giants as Goldcorp, Scotiabank, Xstrata and CVRD (now Vale). Watching his grandmother do the best she could was a model for establishing his resolve. Wes Hall Multidisciplinary team offers an array of specialized services focused on strategic and defensive advisory, governance advisory, governance advisory and proxy analytics, strategic communications and voting analytics. Canadian Business Leader. I see all these different things and go, its not right. Wes Hall is an established innovator, entrepreneur, and philanthropist. ", WINStephen Joffe vs. TLC Vision (June, 2008) Acting for TLC"We prepared a very strong campaign and, when the other side saw it, they withdrew and ended the fight. The activist wanted to replace several company directors; the new board would then certainly fire its top managers. "We went down to as little as 100,000 shares," he says. Most recently, Hall made headlines when he founded The BlackNorth Initiative, which he believes can end anti-Black systemic racism by using a business-first mindset to create more opportunities for Blacks and all of those in the BIPOC community across Canada. Net Worth. Wes Hall's advice to the CEO was direct: "I think you should resign." Founder and Chairman, The Canadian Council of Business Leaders Against Anti-Black Systemic Racism, Rich Paul is the co-founder and CEO of KLUTCH Sports Group, since 2012. West Indies Cricket Hall of Famer who played international cricket for West Indies. Most recently, Hall joined Season 16 of CBC's Dragons Den TV Show as a 'Dragon' investor. When he was eventually reunited with his mother, she beat him nearly every day, once bloodying his head to the point he needed medical attention. Under Canadian securities law, those commissions are legal (although more common in M&A transactions), but Jana did not pay them. If youre constantly being let down by them or displeased with them, maybe its time to look inward and wonder if youre doing the same to others. Jun 16, 2020 Humiliation is a part of being a black CEO in Silicon Valley . But he offers some examples of fees. Kingsdale has more than 60 employees, and a big campaign like CP requires help from almost all of them. As Pershing Square's ownership interest approached the 10 per cent thresholdat which it would have to formally disclose its holdings publiclyhe had some preliminary phone conversations with Cleghorn. In 2003, Hall left Georgeson to launch Kingsdale. Lesson: Every vote counts, and that extra phone call to a shareholder can make a difference. Additionally, Hall is an instructor at the Rotman School of Management of the University of Toronto, where he teaches Black Entrepreneurship & Leadership in Canada, a first-of-its-kind course in North America that provides students with a deep understanding of the systemic anti-Black racism faced by Black entrepreneurs, the cultural impacts and how to navigate the system. Hall nods at the assessment, and doesn't disagree. Ackman complains that the lower threshold would also limit the number of Canadian companies he and other U.S. activists would approach. Our distinctively homegrown entertainment programming draws audiences from across the country. As Executive Chairman and Founder of Kingsdale Advisors, he has been repeatedly named one of Canada's most powerful people by The Globe and Mail, Canadian Business, Toronto Life and Maclean's.He is also the owner of QM Environmental, a leading environmental and industrial services provider; Titan Supply, a top . Income, Cars, Lifestyles & much more details has been updated below. #cbcdragonsden https://t.co/Q6AFqY9ryi, @cityoftoronto really dumb what you just installed at Ave/Roxborough. The actual meeting was somewhat of an anticlimax: Ackman's slate was elected with 90 per cent of shareholder votes. wes hall net worth 2020 June 5, 2022 5:15 pm nahl combine 2022 dates nahl combine 2022 dates Hall is still 100 per cent owner of Kingsdale, and he won't give out a revenue figure. Last November, in an interview in New York, Rosenstein was still bitter, even though he'd realized big profits by selling off a majority of his 7.6 per cent stake in Agrium in October. He was lionized in the Academy Award-winning 2010 documentary Inside Job for his early bets against subprime mortgages. Founder and Executive Chairman of Kingsdale Advisors, Wes Hall, is creating an opportunity for Ryerson students of Caribbean descent to get their foot in the Social Entrepreneurship door. 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