Wes Hall Wiki, Career, Relationship, Nationality, Ethnicity. And finally, my everything, Christine, is our mother hen. 2023 BlackEntrepreneurProfile.com. He's CBC Dragon's Den's first Black dragon. "We went down to as little as 100,000 shares," he says. In early childhood, Wes Hall was abandoned by his parents and eventually cared for by his grandmother. Thats the philosophy thats guided him into everything hes done from his Black activism to agreeing to do Dragons' Den, even though the latter took him out of his comfort zone because hed never done television before. Hall is a Canadian businessman and entrepreneur, best known as a "Dragon" investor in the Canadian edition of the reality television series Dragons' Den.Born and raised in Saint Thomas, Jamaica, Hall moved to Toronto, Ontario as a teenager. The bill for Bill Ackman and Pershing Square's run at CP: v $15-million. 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. These communities provide. CBC/Radio-Canada is Canadas national public broadcaster. Hall says he told Ackman to be careful, because CP was a historic Canadian company with a well-connected board. Add to Playlist Continuous Play: ON OFF Latest My Playlist Search By Date Now Showing Admissions to the school are coordinated by the Southwark London Borough Council as part of the Pan London Admissions Arrangements. Can you believe it? Canada's leading newspaper, The Globe and Mail, has called him one of the nation's "most influential powerbrokers," Canadian Business magazine named . ", THE MISER'S GUIDE TO ACTIVIST INVESTINGYou could spend millions of dollars putting together a takeover dream teamor you could bootstrap it, like VN Capital did with its 2013 run at Ceres Global Ag. The stars of "Harry Potter" have all benefited greatly from the massive, eight-film franchise. 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. This will cause accidents. Executive Chairman and Founder, Kingsdale Advisors. Wes Hall, executive chairman of Toronto-based Kingsdale Advisors, is on a mission to eliminate anti-Black systemic racism By: Greg Dalgetty August 21, 2020 00:09 Courtesy Kingsdale Advisors Wes Hall knew the stakes were high when he built Kingsdale Advisors from the ground up back in 2003. To further explore Kingsdale's The New Abnormal: How 2020 Has Changed the Future of Corporate Governance, Kingsdale will host a virtual presentation on Thursday, October 1, 2020, at 12pm EST to . The Ward family was ranked 124th on the Forbes list, with a combined net worth . We are leading the transformation to meet the needs of Canadians in a digital world. He also consulted Wes Hall on the recommendation of his respected and tough-minded Canadian securities lawyer, Patricia Olasker of Davies Ward Phillips & Vineberg, who had acted for Ackman in disputes with Canadian Tire in 2006 and Sears Canada in 2010. Vanasek and Noone never considered themselves activists. VN started agitating for change. Its unfortunate that such considerations entered his mind. This post is based on a their Kingsdale memorandum. Mr. Hall's net worth of ~ $375 million is only an estimate we calculated based on unreliable public figures of annual revenue for his companies. Vice President, National Sales, Georgeson Shareholder Communications Canada, Inc. Assistant Corporate Secretary, CanWest Global Communications Corp. "We had Hunter say, 'I can get the operating ratio down to 65 per cent in three years,'" notes Hall. He was a wicketkeeper at the prestigious . Regulating proxy monitoring services is another possibility. He does not mention how this quandary was resolved. Advisor. You support us by using our links to buy products, it will cost you nothing extra. "I have so much gratitude for the production team at CBC. Dianne Buckner hosts. Lesson: Every vote counts, and that extra phone call to a shareholder can make a difference. The following month, the dispute blew wide open, after Globe and Mail reporters got hold of a Jan. 4 e-mail from Ackman to Cleghorn titled "War and Peace." 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. To say that old people are racist is itself a stereotype. The Coordinator, Residence Support will also participate in the recruitment of Housing Staff and volunteers and work collaboratively with the team to plan and . Dexter John, Kingsdale's former executive vice-president, now works at rival CST Phoenix Advisors, and he picks his words carefully. Articles by Wes Hall on Muck Rack. I was out for a walk recently and saw an elderly white woman fall. He wrote: I live in the Rosedale neighbourhood in Toronto. As an entrepreneur, Hall is the owner of QM Environmental, a leading national environmental and industrial services provider with over 450 employees; he owns Titan Supply, a top manufacturer and distributor of rigging and wear products serving industries in the oil and gas, construction and transportation sectors; and Harbor Club hotel, one of St. Lucias premier resorts. Cleghorn and the board had clearly misjudged the new realities of investing. Wes Hall founded Kingsdale Advisors and built it into one of Canada's leading shareholder services and advisory firms. "Its all in the body language. Truly, this is one of the most inspiring episodes & investments Ive ever s https://t.co/Mwd8KoTZHC, RT @cbcdragon: @kingofbaystreet drop the selfie, the people want to see it! Our daily newsletter is FREE and keeps you up-to-date with the world of wealth. Wes is one of the most popular faces of 'The Challenge' because of his manipulative strategies and gaming spirit. I found Wes Halls life story pretty epic. I keep looking back at the tin shack that, in fact, tells me that I have zero to lose, he said. 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. As a first step, CIBC CEO Victor Dodig must disclose why hes no longer co-chair of BlackNorth. So, if you have nothing to lose, why not just give things a shot? And shareholder activism was heating up in Canada, particularly in the mining sector. Last April, frustrated New York activist Barry Rosenstein, founder and managing partner of Jana Partners LLC, erupted at the annual meeting of Calgary-based agriculture and fertilizer giant Agrium Inc. after narrowly losing a shareholder vote. They showcase Black authors, which we need more, and shine a light on the richness of Black history in Toronto as educators @blackhurstculturalcentre. The CEO tendered his resignation the next morning. In August, 1995, Hall received a call from police in Buffalo to come and identify a corpse. My youngest, Broghan, will order plain pasta and french fries in Italy. "It's a new game of social arbitrage, where we don't care about offending people," says Roy Katzovicz, Ackman's partner and the firm's chief legal officer. Lowering the threshold to 5 per cent doesn't leave too many firms in Canada to invest in," he says. 2022 Canadian Business Leader of the Year. 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. I marvel at what he could have accomplished in a country that wasnt beset with white supremacy. "If the shareholders vote for the new slate," Hall told the CEO (who, for obvious reasons, wants to remain anonymous), "you will most likely lose your severance, and you could be in a personal legal fight for the vesting of your stock options." Your billing info has been updated. Success! 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. Eat your heart out, Miles Nadal! Production on Season 16 of DRAGONS DENs will begin later this spring at CBC in Toronto. The Hall family, which runs Hallmark Cards, was 89th on the Forbes magazine list, with a net worth of $2.6 billion. "These guys have done hundreds of shareholder meetings, and if they have the feeling that the meeting is a waste of time, they have signals between them to end the meeting faster, like closing a pitch book or knocking on the table.". He professionalized a business that in Canada had been mostly about phoning up retail investors to get them to vote on a corporate resolution into a broader strategic advisory practice. December 17, 2020 08:00 AM Eastern Standard Time. It's actually a myth about how to make money on Facebook Wesley J. I look forward to sharing my challenges and my experiences to help guide other Black, Indigenous and People of Colour (BIPOC) entrepreneurs on a path of success. You know, life is too short.". 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. Wes Welker was born in Oklahoma City. https://t.co/56caNWTzw6, @cityoftoronto this is really dumb what you just did at Avenue and Roxborough West. Wes Hall was born on September 12, 1937 in Barbados. Its 2023 and Ira Gluskin is still around. Dragon: Net Worth: 1. Two younger half-brothers didn't adapt as well as he had, however. 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. He was raised by his maternal grandmother with four of his half-siblings and three cousins. The Underground Railroad saw enslaved African-Americans gain their freedom through a carefully organized yet harrowing North American-wide transportation mode. Hall's decision to also have Harrison accompany Ackman to meetings was deft in several ways. Is he placing CIBC above the interests of Black people? There is no information about his salary through any sources. 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. For Wes Hall, the self-styled "King of Bay Street," and the first Black Dragon on CBC's Dragons' Den, the path to success has been hard-won. 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. If the circumstances of Wes Halls childhood werent harsh enough, as a teenager, he had the misfortune of immigrating to a country with systemic racism - you guessed it, our very own Great White North. "I was never invited into the boardroom, so I had to create my own. Edit Overview Section. Having come from a tin shack with no electricity or running water, but which had an outhouse, and living in luxury because his house has running water, electricity, and a bathroom, Hall noted that differs from others who dont want to lose their possessions or reputation by taking on something risky. As Canadas trusted news source, we offer a uniquely Canadian perspective on news, current affairs and world affairs. It took Vanasek and Noone almost 18 months to buy more than 5 per cent of Ceres's outstanding shares a critical amount to be able to call a special shareholders' meeting. Hes orchestrated multi-billion-dollar deals for Air Canada, Citigroup, Tim Hortons, and Petro Canada and is #16 on Macleans Power List of 50 influential Canadians. I'd like to see this stack get higher, and I'm sure I will as more and more BIPOC voices are being heard and recorded. Wes Hall is an established innovator, entrepreneur and philanthropist. He has established himself as the preeminent leader in shareholder advisory services and contested investor situations. Does he have a role model? Talking about the net worth of Wes brown it's around 10million pounds as of 2022. Wes Hall is an Executive Chairman & Founder at Kingsdale Advisors based in Toronto, Ontario. Ceres started life as a closedend mutual fund specializing in agricultural investments, run by ex-Maple Leaf Food executives Tom Muir and Michael Detlefsen. standing at 6 feet 3 inches tall. When expanded it provides a list of search options that will switch the search inputs to match the current selection. If not for that, however, the vote would have gone in VN's favour. In 1998, he worked briefly at CIBC Mellon, which handles share transfers, before Georgeson Canada, a shareholder communications firm, recruited him to oversee business development and sales. Most recently, Hall joined Season 16 of CBC's Dragons Den TV Show as a 'Dragon' investor. Wesley Hall . Wes Hall, founder and executive chairman of Kingsdale Advisors and founder of BlackNorth Initiative at his home in Toronto. She's my North Star, my guiding force, and I wouldn't be where I am today without her. Mr. Hall has changed the lives of thousands of children in the Caribbean and Canada by donating both his money and time. View Wes Hall's business profile as Executive Chairman & Founder at Kingsdale Advisors. 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. But its not that I want people to think highly of me or pat me on the back. In the end, VN formally requested a shareholders' meeting to end the management contract. Now Hall and a handful of other top Canadian specialists are like the superstar managers who hatch U.S. presidential campaigns. Duncan Bannatyne: 400 . Whether Hall is playing offence or defence, however, he often has to be the bad cop. . Frankly, its a 50/50 in my mind that she fell on purpose just to inflict such a painful dilemma on Wes Hall. It was his other half-brother, Ian Scottberth, who had been found in a dumpster, wrapped in plastic. Backed and managed by the private boutique investment firm Front Street Capital, Ceres had what VN considered to be an overly aggressive two-and-20 management compensation structure typical of a private equity partnership (that is, 2 per cent of total assets, plus 20 per cent of profits earned) except that it was a publicly traded company and owner of hard assets. Kingsdale's first victory was sweet! If we couple the figure with his business venture earnings, Wes Bergmann's estimated net worth is around $500,000. He is from United States. 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. They plot strategy, control written communications to investors, stage cross-country tours, corral shareholder votes and whip their candidatesbe it the activist or the target companyinto shape, keeping them focused and on-message. Rosenstein's outburst capped a 10-month push for reform at Agrium. Mr. Hall is known for his generosity, leveraging his business success to benefit others with a number of impactful charitable initiatives, and serves as a Board Member of the SickKids Foundation. Skip to content . ), Then as now, Pershing Square's official line was that it prefers to work with a company's existing management to improve performance, rather than go to war. Saturday, March 2, 2019. . At sixteen, Wes came to Canada, sponsored by a father he'd only seen a few times as a child, and by the time he was eighteen, he was out of his father's house, once more on his own. He began his fortune by purchasing a franchise of Boston Pizza. Canada's first Black Dragon @cbcdragonFounder/Chairman @kingsdaleadvisors @blacknorthca2022 Canadian Business Leader of the Year . Let's check, How Rich is Wes Hall in 2019-2020? But if I wanted a feel-good Jamaican-Canadian story, I would have re-watched Cool Runnings. Plus, both Dragon Arlene Dickenson and public intellectual Ben Mulroney endorse the book. Kingsdale has more than 60 employees, and a big campaign like CP requires help from almost all of them. Wes Hall is an established innovator, entrepreneur, and philanthropist. She wasnt resentful. A generation ago, the job was little more than an administrative positionarranging annual meetings and monitoring the collection of proxy forms from docile shareholders who didn't have the inclination to attend, and whose shares would then be voted in favour of existing directors and management. He also later established QM Environmental, an environmental remediation firm.In 2020 he launched the BlackNorth Initiative, an organization which works to combat racism in business.He joined Dragons' Den in 2021 for the show's 16th season. 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. So when the self-proclaimed King of Bay Street writes a book denouncing systemic racism and a "system designed to hold Black people down", I was duty-bound to investigate. Who https://t.co/f5rsP3D5rh, Christine and I go for a leisurely stroll every weekend. Follow us on Twitter: @globebusinessOpens in a new window, Checking box will enable automatic data updates. This year, he was awarded an honorary degree from Queens University, the whitest university we have. He is from Barbados. Hall says he hails from a "typical Jamaican family, where you have many brothers and sisters with different fathers, and your own father moves on." Wes Brown: Description of Body Measurements. But barriers don't scare activists. Institutional shareholders of any nationality are now hungry for higher returns, and they are both interested and obligated to listen to any serious activist who can deliver them. Please complete the form below and click on subscribe for daily newsletters from Wealth Professional. Wes Hall is also a self-proclaimed philanthropist with $5,021 in his foundation as of 2020. But I always like to look on the bright side of things. Save . What is the Net Worth of Wes Hall ? Kingsdale 's former executive vice-president, now works at rival CST Phoenix Advisors, and he picks words! Canadian specialists are like the superstar managers who hatch U.S. presidential campaigns has more than employees... 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wes hall kingsdale net worth 2020