D. Jennifer Rhee (BCom’88, DPA’89) has been named Chief Financial Officer at Loop Industries, a manufacturer of environmentally responsible Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG). Ms. Rhee has over 25 years of finance, accounting, international tax and management experience, having worked, most recently, as a partner with Richter LLP since January 2007.
LIMRA has released its 2017 Rising Stars of Innovation under 40 list and Jean-Michel Lavoie (MBA’09), Assistant Vice President, Product Development, Group Benefits at Sun Life Financial has made the final cut.
The list recognises individuals across many areas of the financial services who are using an innovative approach to their business practice and day-to-day activities.
Alibaba hosted its Gateway’17 conference, which brought together an array of forward-looking retailers, along with Prime Minister Justin Trudeau who commented on the healthy trade relationship between Canada and China.
Also in attendance was Aldo Group International’s Director of Business Development, Martina Gimenez-Comas (BCom’11) who shared that, while Aldo continues to expand into global markets, it recognises the importance of meeting business objectives, while also leaving room to dream.
Imran Amed (BCom'97) has been named to the Queen’s New Year’s Honours list for his contributions as CEO of The Business of Fashion, an online news site for the fashion industry. The list recognises people in the UK who have made significant contributions to society.
Founded in 2007, The Business of Fashion has since become one of the leading sources of news for the fashion world.
In light of the controversial decision by the U.S. Department of Commerce to impose 220 per cent tariffs on Bombardier products, an article in Les Affaires examines how Canada compares to other counties who subsidize their aerospace industry.
It turns out that Canada contributes considerably less to its aerospace industry (16%), as compared to the U.S. (63%), or France (27%).
Desautels MBA student, Moises Meza, originates from Venezuela, but has lived all over the world. After working for five years in consulting, Meza always envisaged pursuing his MBA studies in a vast metropole like New York.
Montreal, however, has far exceeded his expectations thanks to its unique multiculturalism and multilingualism, as well as its work-life balance and reputation as a hub for innovation.
Desautels professor Karl Moore joined BNN to share his insight on Uber’s possible exit from the Quebec market over the new rules proposed by the provincial government. Prof. Moore views Uber as a healthy competitive presence that has yielded considerable improvements among the taxi industry, as well as created thousands of part-time jobs.
While looking into supplements as part of her treatment for breast cancer, Monica Ruffo (BCom’86) realized something was amiss. “I couldn’t actually understand what was written on the labels,” Ruffo says. Further research uncovered a lack of legal framework surrounding the use of the word “natural” in Canada and the U.S., and that most supplements labelled so are hardly natural at all. Even worse, the companies aren’t obligated to say where their ingredients are sourced.
This year’s McGill X-1 Accelerator program has culminated with a series of Demo Days designed to give participants the opportunity to deliver their refined business pitches to McGill alumni and potential investors. In addition to Montreal, McGill’s budding entrepreneurs have made their way to Boston and San Francisco, with additional Demo Days planned for Toronto and New York in October.
This year’s startups range from a software to help diagnose concussions, to a specialty food business and multiple-choice quiz generator.
David Levenson (BCom'96) has been nominated to the Board of Teekay Offshore Group as news of a completed comprehensive transaction with Brookfield Business Partners L.P. is also shared.
Mr. Levenson is a Managing Partner at Brookfield and oversees the company’s opportunistic credit initiatives, including the Brookfield Credit Opportunity Fund and Brookfield Private Credit. He has extensive experience in mergers and acquisitions, corporate finance and restructurings.
The U.S. Department of Commerce is due to announce its preliminary determination in the countervailing duty investigation launched by Boeing Co., which some maintain will disfavor Bombardier.
The findings come as Bombardier faces challenges in its rail operations with news of a multi-billion dollar rail merger between Siemens AG and Alstom.
Regarding the merger, Desautels professor Karl Moore comments that it will greatly hamper the company’s ability to compete on a global scale.
In a blog post for bdnews24.com, Desautels professor Mo Chaudhury assesses the Bangladesh Government’s response to the humanitarian crisis in Myanmar concerning the Rohingyas, asserting that the current response contrasts with past related policy.
The Desautels Faculty of Management has become a member of the United Nations’ Principles for Responsible Management Education (PRME) initiative. The faculty joins leading business and management schools from across the globe in working towards the United Nations’ Sustainable Development Goals.
The Principles for Responsible Management Education is the largest organized relationship between the United Nations and business schools, and is housed in the UN Global Compact Office.
At its latest Investor Day, Air Canada announced that it will be considering the possibility of introducing an ultra-low-cost airfare plan. The news comes as more and more airline companies, such as WestJet and Flair Airlines, begin to dabble in the cheapening airfare market.
Desautels professor Karl Moore believes that the timing and the Canadian context might be right for these plans to really take off.
As Amazon hunts for a location for its second North American headquarters, Canada’s major cities are building their cases.
In a short interview with the McGill Media team, Desautels Professor Saibal Ray talks about the benefits that a Montreal Amazon office would bring in terms of jobs and indirect benefits to the city’s academic and research sectors.