Hall was put in charge of business development and sales. Rosenstein says one big reason he lost with Agrium is that "Canadians didn't like an American company making suggestions about how things could happen. Wesley J. 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. It used to be that if major shareholders were dissatisfied with a Canadian corporate giant's performance, the matter was resolved by some behind-the-scenes griping among old-boy CEOs and directors at, say, the Toronto Club or its Calgary counterpart, the Petroleum Club. Hall, 44, the polished but blunt CEO of Toronto-based Kingsdale Shareholder Services Inc., had estimated the shareholder votes for and against management's current slate of directors. My youngest daughter Skyla is a princess whose motto is "you can do it all for me." Wes is reported to have earned over $298,000 on the show. Yet, if you sit down with him for an hour or so in his office, it's easy to see why he's become a catalyst for shareholder activism. Mr. Hall has changed the lives of thousands of children in the Caribbean and Canada by donating both his money and time. Cleghorn and the board had clearly misjudged the new realities of investing. Dianne Buckner hosts. In VN's words, Front Street (whose management contract with Ceres was worth almost $3-million a year) was "extracting capital out of [Ceres], doing nothing at best, maybe destroying value at worst.". Please only use it for a guidance and Wes Hall (businessman)'s actual income may vary a lot from the dollar amount shown above. 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. As Canadas trusted news source, we offer a uniquely Canadian perspective on news, current affairs and world affairs. So, if you have nothing to lose, why not just give things a shot? Production on Season 16 of DRAGONS DENs will begin later this spring at CBC in Toronto. 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." Kingsdale has more than 60 employees, and a big campaign like CP requires help from almost all of them. I would guess that his net worth now is north of $100m. Today on #MartinLutherKingJrDay I'm delighted to announce the launch of my rebranded private equity firm, https://t.co/G5JlPFRjMp, Tune in to the latest episode of my #podcast, Between Us, in partnership w/ @TorontoStar, featuring the talented https://t.co/uU7ZPol4hh, RT @cbcdragon: This exercise pitch is the definition of workout smarter, not harder. "I have so much gratitude for the production team at CBC. Founder/Chairman @kingsdaleadvisors @blacknorthca. 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. Our daily newsletter is FREE and keeps you up-to-date with the world of wealth. 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. Pershing Square Capital Managements campaign to replace the board of Canadian Pacific Railway. Over the past two years, Rona Inc., Telus Corp., BlackBerry and Ceres Global Ag Corp. (See "The miser's guide to activist investing," at right) have all come under fire. Frankly, its a 50/50 in my mind that she fell on purpose just to inflict such a painful dilemma on Wes Hall. In August, 1995, Hall received a call from police in Buffalo to come and identify a corpse. 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. Eat your heart out, Miles Nadal! In it, Ackman threatened to go public unless CP's board moved faster on his requests and replaced Green with Harrison. But for advising corporate giants, he'll often charge $40,000 a day. ", WINScion Capital vs. Bolivar Gold (January, 2006) Acting for Bolivar Gold "The hedge fund tried to kill a plan of arrangement requiring 62.6 per cent of the vote. Hall attributes his success to a series of small steps, where he achieved different levels of success. Ira Gluskin is still around, believe it or not. In December, CP announced that it would add two new directors who were clearly sympathetic to Ackman. 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. Watching his grandmother do the best she could was a model for establishing his resolve. 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. When you come from that tin shack, youre not risk averse. On Monday, Jana issued a release complaining that Agrium had contacted shareholders after the deadline, urging them to change their votewhich the company was legally entitled to do. In 2003, he founded Kingsdale Advisors to help businesses communicate better with shareholders. 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 . Wes Brown: Description of Body Measurements. I kept taking on bigger challenges, and those challenges started working out and that just kept pushing me to do more. KLUTCH Sports represents some of the biggest athletes across major, Denise Umubyeyi is Co-founder and COO Five to Nine, LLC, a provider of an enterprise software as a service platform that helps companies manage and, Amber Mayfield is the founder & CEO of To Be Hosted & While Entertaining Magazine. Wes Hall is also a self-proclaimed philanthropist with $5,021 in his foundation as of 2020. Meanwhile, CP's board "imagined a feedback loop" of fellow Canadians that didn't exist, says Katzovicz. But how do they do that without tilting the rules in favour of either the barbarians at the gate or the old guard holed up inside? Having recently sold his latest venture FreshGrade to the California company behind the worlds largest network of Montessori schools, Merrifield has decided to take a sabbatical and enjoy some time and travel adventures with his family. I am touched by Gilles drive, bravery, and will https://t.co/CtP8dBrbXN, RT @colindeacon: Im behind in my @cbcdragons episodes. Income, Cars, Lifestyles & much more details has been updated below. He lived in a two bedroom tin shack without indoor plumbing or electricity, on the salary of a plantation worker supporting seven children in the most impoverished parish of Jamaica. 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. Stylish and supremely confident, the 47-year-old Ackman is CEO of Pershing Square Capital Management, an $11-billion (U.S.) New York-based hedge fund that has taken aim at more than two dozen high-profile targets since Ackman founded it in 2004. ", DRAWMason Capital vs. Telus (2012)Acting for Mason "One of the toughest battles I have been involved in. At least, co-Chair Prem Watsa is soldiering on. 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 . Its the no. Primary Job Title Founder & Chief Executive Officer; Around $95,000. 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. But my middle Keana's "I can do it all on my own." After graduating in 1988, Hall found a job as a junior mailroom clerk at Stikeman Elliott, one of Toronto's blue-blood legal firms. So far, activist investors on both sides of the border still appear to be more inspired by Ackman's CP victory than Rosenstein's Agrium defeat. #fridaysforfuture #fridayquotes #weekendmotivation #tgif, People say you can't choose your family, but I'd still pick them even if I had the choice. Not known Before Fame. "Its all in the body language. 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. "I congratulate you," he said sarcastically to Agrium's directors. WINFred Godard vs. Leitch Technology (2003) Acting for Leitch "This was our first proxy fight at Kingsdale. 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. Success! This was right after the killing of George Floyd. Full Name: Wesley J. Executive Chairman and Founder, Kingsdale Advisors. https://t.co/7flGmcKrx3 Saturday, March 2, 2019. . "When I wanted to start Kingsdale, it was hard to get backing and I had to find someone who looked like me and believed in my vision to start this business," Hall recounts. . 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. As the first Dragon signed to the show, I have been so fortunate to have developed great friendships with my fellow Dragons and CBC staff, said Treliving. As a life-long entrepreneur, I know first-hand how much drive and dedication it takes to build a business, especially as a Black person in Canada. Hes on the Ontario governments Capital Markets Modernization Taskforce and Toronto International Film Festival board, and he's just been named to the advisory board of Maverix Private Equity. My eldest, Darian, has a heart of gold. 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. Hall strives to be a positive influence for emerging entrepreneurs. In 2003, Hall left Georgeson to launch Kingsdale. The TIFF CEO is also Black. Wes Hall came from very humble beginnings in Jamaica to become one of the most influential business people in Canada. No credit card required. Not only do I plan to make some incredible deals, I plan to help level the playing field for BIPOC entrepreneurs., "We are thrilled to welcome Wes as a Dragon investor this season," said Jennifer Dettman, Executive Director, Unscripted Content, CBC. https://t.co/56caNWTzw6, @cityoftoronto this is really dumb what you just did at Avenue and Roxborough West. Still, the vital history of the Underground Railroad lives on not only in this plaque but in our ongoing commemoration and celebration of Black History Month. "We will do whatever it takes to make a return for our investors," says Vanasek. "Either side could have done it," he says. They showcase Black authors, which we need more, and shine a light on the richness of Black history in Toronto as educators @blackhurstculturalcentre. Wes Welker gets a salary of $9.5 million, and he has an estimated net worth of $25 million, as of February 2023. And they come armed with detailed business makeover plans, lawyers, investment bankers, PR reps and what, over the past decade, has become one of the most powerful weapons in their arsenal: the proxy solicitation and advisory specialist. What happened with Dragons Den has mirrored whats happened in Halls life. Meanwhile, letters to Ceres management asking for it to change the rich compensation were met with polite, though long-delayed, responses. Chairman and Founder, WeShall Investments Inc., Kingsdale Advisors, The BlackNorth Initiative, Dragon on CBC's Dragons' Den, Host "Between Us with Wes Hall" Podcast. Police suspected drug ties. He has established himself as the preeminent leader in shareholder advisory services and contested investor situations. Your story is inspiring, this is a we https://t.co/9Pz3E8PPzd, RT @ArleneDickinson: Gilles couldnt have found a better investor than @kingofbaystreet. Wes Hall starts from a much lower base and arguably rises much farther, becoming an advisor to hedge fund titans and CEOs. Its 2023 and Ira Gluskin is still around. 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. The most important thing is to ensure that investors have received the documents and forms they are legally required to have before they can vote. The chief executive's company was facing a showdown with an activist investor at a shareholders' meeting in just a few days. Wes Hall is the executive chairman of the KSS Group of Companies, director of SickKids Foundation and board member of the Toronto International Film Festival (TIFF). Member Board Of Directors, SickKids Foundation. However, many students live in surrounding boroughs, such as Lambeth, Lewisham and Croydon. 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. Tim Hortons $12.5 billion merger with Burger King. Wes Hall's advice to the CEO was direct: "I think you should resign." Wesley Hall . Kingsdale Shareholder Services Inc., was started in 2003 and Kingsdale Communications Inc., started in 2009 to provide clients with a best-in-class mechanism for communicating with shareholders and managing IR communications. "But a proxy fight is not a pillow fight.". Canada's corporate establishment, he adds, is particularly "clubby" and defensive. Wes Hall, Barbados Cricket Player. That was a step that I never thought that I would ever take, to leave that environment to come to Canada, he said. He was raised by his maternal grandmother with four of his half-siblings and three cousins. Almost all of his early clients were small mining companies, but his work on the complicated dispute between Toronto-based Goldcorp and Nevada-based Glamis Gold, from 2004 to 2006, kicked him into a higher league. Jimmy Connachers heirs and Caldwell Securities are involved in a complex conflictual situation. In the first episode of a groundbreaking series that explores the journeys of BIPOC visionaries in Canada, the entrepreneur sits down with iconic Canadian rapper Kardinal Offishall for a frank and. I see all these different things and go, its not right. Like who? In 2002, at the age of 34, he made that happen by founding Kingsdale Advisors. If you ask Wes Hall what drives him, he barely skips a heartbeat before answering. We made a rough calculation in regards to the value of his hotel based on estimated annual revenue from 115 rooms, then discounted the total by 40%. 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. Last month, he made an estimated $688-million profit on his 20.8 million shares in whisky maker Beam Inc. when the company agreed to be acquired by Japan's Suntory. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Cricket Player Wes Hall's net worth is $1-5 Million at the age of 81 years old. "People don't like being told they're a bad parent," he says. Skip to main content Management Information Circular 2022 - French About Us Who We Are Canadian Business Leader. Brentyn wants to be as handsome as his dad one day but hes got big shoes to fill. What does a proxy specialist do? 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. Wes Hall, founder and executive chairman of Kingsdale Advisors and founder of BlackNorth Initiative at his home in Toronto. Entrepreneur tells WP about his journey from a tin shack to corporate boards and Dragons' Den, and why he still feels he has nothing to lose. "They didn't realize they had so many U.S. shareholders who have no clue what the Order of Canada is.". 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. [1] Born and raised in Saint Thomas, Jamaica, [2] Hall moved to Toronto, Ontario as a teenager. For further information and press materials, please contact: All content including images on this site are intended for Media use only. "I think we're going through an inflection point in Canada," he says. 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