Crowdfunding’s profile has been on a constant rise ever since it first landed two decades back. It’s an ideal platform for entrepreneurs in edgy sectors looking for capital, as well as for getting consumers directly involved in funding products that interest them. The other side of the equation has always been to get funding for traditionally under-served entrepreneur groups like women or people of colour.
Experts keep saying that median job tenure has been in free fall for years; that switching careers and jobs is just the new reality. But the facts don’t necessarily support that position. It’s a more nuanced field than most people realise, and some segments are actually seeing less movement than before.
On May 2nd, 300 guests gathered at Montreal’s Omni Mont-Royal Hotel for this year’s McGill Alumni Association Awards. All told, 17 members of the McGill community were honoured for outstanding service to the university and society.
Desautels International Advisory Board member Mark A. Hantho (BCom’81) and his wife, Monica (BEd’81), were given the Award of Merit, in part for service to the Desautels Faculty of Management and for setting up the Hantho Family Fund for Sustainability and Environmental Management.
After four years as VP and Director at Valeurs Mobilières Desjardins, Luc Papineau (BA’81, MBA’91) thinks it’s time to kick his game up a notch by doubling VMD’s Montreal-area advisors and diving further into the opportunities offered by the allophone market.
Michael Boychuk (BCom'77, DPA'78) is the new Chair of the Advisory Board at Fengate Real Asset Investments, a board that he’s been on since 2014. Mr. Boychuk’s experience in capital markets is an asset at a time when Fengate is undergoing a period of huge growth. He served as Senior VP Treasurer at BCE until 2009, then President and CEO at Bimcor until 2015.
The Desautels Faculty of Management welcomes Brahm Spilfogel (BCom’91), Vice President and Senior Portfolio Manager of Canadian Equities at RBC Asset Management Inc., as a Desautels Global Expert (DGE).
Mr. Spilfogel has worked in the financial-services industry since 1991. In 1993, he joined RBC, where he worked as a portfolio manager in the Private Client group and later moved to RT Investment Counsel to concentrate on portfolio management.
Barclays Bank Kenya CEO Jeremy Awori (MBA’96) more or less fell into banking. He started out as a competitive swimmer, but when his Olympic dream fell apart he went to the UK on a scholarship and became a pharmacist.
After practicing for a few years, Mr. Awori opted for an MBA in Finance at McGill’s Desautels Faculty of Management, which led him into a job at Standard Chartered Bank.
Northern Sphere Mining Corp. has announced that Monique L. Delorme (BCom’88, DPA’91) will be taking over from Robin Pilkey as Chief Financial Officer. Ms. Delorme is already involved with Northern Sphere, having worked with the company as a consultant for the past three years.
Aside from that, she has over 25 years of experience guiding publicly traded companies, including Maple Leaf Foods, Hollinger, and most recently, Zonetail. Ms. Delorme has both Canadian and U.S. CPA designations.
The protectionist wave sweeping across Washington right now spells trouble for Canadian businesses. After strong words from the White House about Canadian softwood and dairy, Boeing has opted to take a jab at Bombardier, filing complaints with the U.S. Department of Commerce and the U.S. International Trade Commission over government subsidies that it claims have given Bombardier a pricing advantage.
Vancouver-based mining company Callinex Mines Inc. has announced two new appointments to its c-suite: Jordan Butler has been made VP of Corporate Development, while Matthew Anderson (BCom’05) has been brought onboard as Chief Financial Officer, replacing the departing Rebecca Moriarty.
Mr. Anderson has lots of experience in natural resource extraction: he was previously a senior consultant with Malaspina Consultants, serving as CFO of I-Minerals, Terra Nova Energy and Dynamic Oil & Gas Exploration, Inc. Before that, he was an accountant at BDO Canada and EY.
Montreal’s eXplorance has made it onto the Great Place to Work list of the best workplaces for the 4th year in a row. EXplorance is a learning experience management specialist that has gone through huge growth and acquired a business intelligence solutions provider over the past year without losing its corporate culture.
CEO Samer Saab (BEng'93, MBA'96) calls growth a “multidisciplinary challenge,” saying that “you have to constantly challenge the status quo, while sustaining your business culture.”
According to a recent piece at Cheatsheet.com, the news is good for students looking forward to entering the job market: the vast majority of employers are looking for college grads this year. That being said, many of today’s grads are missing the key abilities that those companies are looking for. Skills like good oral and written communication, teamwork, and problem-solving will open the door to career success.
Donald Trump’s 100-day-old presidency has come up short according to nearly any metric. As the U.S. President has failed to get major legislation passed, or to fill some key government positions, he has taken to governing by executive order. But even those orders haven’t really produced the results he was looking for.
Still, President Trump has surrounded himself with captains of industry with as little experience in governing as he has. The upshot is a lack of movement on even seemingly easy GOP issues like repealing Obama’s healthcare law.
Les Mercuriades honours excellence and talent in Quebec companies. This year, the 37th annual awards show brought the cream of Quebec’s business set out to Montreal’s Palais des congrès for a night not to be forgotten.
In fact, McGill-HEC Montréal EMBAs were some of the evening’s biggest winners: Groupe Deschênes’ François Deschênes (EMBA’10) won for “Développement d’une technologie Web ou mobile” in the large enterprise category, while Edelman Montreal won “Employeur de l’année” in the small and medium-sized enterprise category.
As students looking to start their careers realize the value of getting sound advice, the number of student-mentor pairings in Canada is growing at a rapid rate. The growth and evolution of the Desautels mentorship program echoes that of many other schools’ programs. When the Desautels MBA mentorship started a decade ago, it was aimed at female students, but has since expanded to include all students and an online component.