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Paul Desmarais III

From Wikipedia, the free encyclopedia
Paul Desmarais III
Born1981 or 1982 (age 42–43)
EducationLakefield College School
Alma mater
OccupationBusinessperson
Employers
Spouse
Mary Dailey Pattee
(m. 2008)
[1]
Parents
Relatives

Paul Desmarais III (born 1981 or 1982)[1] is a Canadian businessperson and philanthropist.

Early life and education

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Desmarais was educated at Lakefield College School[2] and earned a Bachelor of Science degree in economics from Harvard College and a Master of Business Administration degree from INSEAD.[3]

Career

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After working at Goldman Sachs, Imerys and Great-West Lifeco, Desmarais became Vice-President of Power Corporation of Canada and Power Financial Corporation in 2014.[4][5] In January 2017, he was named Senior Vice President of both companies.[6] He is Chairman and CEO of Sagard, Executive Chairman and co-founder of Portag3 Ventures, and Chairman and co-founder of Diagram.[7][8][9][10][11][12][13][14]

In 2019, he was the recipient of the Arnold Edinborough Award (Business / Arts Awards)[15] recognizing his impact on the arts in Canada. In 2000, he was awarded the Duke of Edinburgh's Award (Gold Level).[16]

He is a founder or co-founder of various business-led initiatives, such as the Black Wealth Club[17], which provides resources to support emerging black leaders, the Young Canadians in Finance[18] and the Indigenous Leadership Circle.[19]

He also acted as co-chair for the Centraide of Greater Montreal 49th fundraising campaign, launched in 2022.[20]

Personal life

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Paul Desmarais III is the son of Paul Desmarais Jr. and the grandson of Paul Desmarais.

References

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  1. ^ a b "Mary Dailey Pattee, Paul Desmarais". The New York Times. 22 June 2008. p. ST14. Retrieved 23 June 2018.
  2. ^ Spring 2004
  3. ^ "Paul Desmarais III - Profile". INSEAD. 5 December 2016. Retrieved 18 January 2018.
  4. ^ Canada's Next Leaders: Paul Desmarais III on carving his own career path, retrieved 19 January 2018
  5. ^ "Desmarais scion to oversee family-backed Canadian fintech venture capital fund". Financial Post. 24 January 2017. Retrieved 19 January 2018.
  6. ^ "Paul Desmarais III - Canadian Corporate Innovation Summit | BDC.ca". www.bdc.ca. Archived from the original on 19 January 2018. Retrieved 19 January 2018.
  7. ^ "Paul Desmarais III, Executive Profile". Bloomberg. Retrieved 18 January 2018.
  8. ^ "Power Corporation of Canada | Senior Management". www.powercorporation.com. Retrieved 18 February 2020.
  9. ^ "'Canada is one of the only places in the world where the American dream is still alive' — Paul Desmarais III on fintechs and the economy". financialpost. Retrieved 16 November 2020.
  10. ^ Paul Desmarais III betting big on fintech, expecting more partnerships in the space, 18 June 2019, retrieved 16 November 2020
  11. ^ Power Financial putting more money into fintech startup Wealthsimple, 2 March 2018, retrieved 16 November 2020
  12. ^ "Paul Desmarais III - Portag3 - 2018 Canada FinTech Forum - Part 1/2 - YouTube". www.youtube.com. Retrieved 16 November 2020.
  13. ^ "Desmarais Empire Seeks Fintech Transformation From Outside In". Bloomberg. 7 June 2017.
  14. ^ "Portag3 Ventures closes new FinTech fund". www.newswire.ca. Retrieved 18 January 2018.
  15. ^ "2019 Recipients". Business / Arts. Retrieved 18 February 2020.
  16. ^ "Paul Desmarais III, MBA'10J". INSEAD. 5 December 2016. Retrieved 18 February 2020.
  17. ^ https://www.theglobeandmail.com/business/rob-magazine/article-emerging-business-leaders-innovation-canada/
  18. ^ https://www.nextcanada.com/paul-desmarais-iii/
  19. ^ https://indigenouslc.com/co-founders
  20. ^ https://www.newswire.ca/news-releases/centraide-begins-its-2022-campaign-and-launches-ad-without-the-burden-of-poverty-and-exclusion-we-can-all-rise-up--804964488.html