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Richard Currie

From Wikipedia, the free encyclopedia
Canadian businessman

Richard James CurrieOC (born 1937 inSaint John, New Brunswick) is a Canadian businessman.

Education

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He entered theUniversity of New Brunswick in 1955 on aBeaverbrook Scholarship and was elected president of the first-year class.[1] He later received aBachelor of Engineering in Chemistry degree from theTechnical University of Nova Scotia in 1960. He worked as an engineer until 1968, when he enteredHarvard University to earn aMaster of Business Administration degree in 1970.[2]

Career

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In 1960, he joined Atlantic Sugar Refineries as a Process Engineer and was a Refining Superintendent from 1963 to 1968. After graduating from Harvard in 1970, he became a Senior Associate atMcKinsey & Co., a management consultant firm based inNew York City.[3]

In 1972, he joinedLoblaws as a Vice-President, becoming Executive Vice-President in 1974, and President in 1976. Loblaws increased its market share over 350 times in 25 years while under his control, reaching $14 billion before he stepped down on December 31, 2000.[1][3] Through this, it became the largest private sector employer in Canada.[1]

In 1996, he was appointed President of Loblaws parent company,George Weston Ltd., where he increased the share price from $16 to $123. In 2002 he stepped down from Weston and was appointed Chairman ofBCE Inc. on April 24 of that year.[1][3]

He, along with Lynton Wilson,Anthony S. Fell,James Fleck,Hal Jackman and John McArthur, helped establish a chair in Canadian business history at theJoseph L. Rotman School of Management, which is the first chair of its kind in Canada. Worth $3 million, it will help fund courses and research related to the progress of the commerce industry in Canada, along with the legal, economic and political events that impacted its history.[4]

He was the chairman of BCE Inc. and Bell Canada from 2002 to 2009 and currently sits on theboard of directors ofCAE, andStaples, Inc. and is also a trustee of The Art Gallery of Ontario and a director of Historical Foundation of Canada. Along with these titles, he is also chairman of the board of Telesat and was a director of Imperial Oil Limited, and a member of the international advisory boards of RJR Nabisco and Jacobs Suchard.[3]

University of New Brunswick involvement

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On May 24, 2003, he was appointed Chancellor of the University of New Brunswick by the lieutenant-governor in council, at UNB's 174th Encaenia. His duties are to serve as the honorary head of UNB and also as a member of its board of governors.[1]

In 2004, he established theBlake-Kirkpatrick Scholarships (now the Currie Scholarship) in memory of his two grandmothers: Ida Mae Blake and Jannet Kirkpatrick.[5]

On October 20, 2005, the University of New Brunswick established a Chair in Nanotechnology in his honour. This is the first Chair in Nanotechnology in Canada.[6]

In Fall 2011 work was completed on the Richard J. Currie Center, a five-storey, 139,000-square-foot athletics and gymnasium complex, named in honor of Currie, who was also the primary donor. Currie donated over $20 million toward the construction of the building, the largest single donation a New Brunswick university has ever received.[7]

Awards

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References

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  1. ^abcdef"Richard Currie named chancellor of the University of New Brunswick",University of New Brunswick, retrieved June 14, 2006
  2. ^"Live and Learn: Richard Currie",Canadian Business, retrieved August 16, 2006.
  3. ^abcd"Executive Profiles: Richard J. Currie"Archived 2007-06-07 at theWayback Machine,Canadian Business Resource, retrieved August 25, 2006.
  4. ^"$3M Business History Chair a First in Canada",EDGE Magazine, retrieved August 25, 2006.
  5. ^"Blake-Kirkpatrick Application",University of New Brunswick, retrieved August 25, 2006.
  6. ^"Chair in nanotechnology establish in honour of UNB chancellor", John Suart,University of New Brunswick, October 20, 2005, retrieved August 25, 2006.
  7. ^"The Richard J. Currie Center @ UNB Fredericton",University of New Brunswick, retrieved October 16, 2011.
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2An additional 9.5% interest is held by the BCE Master Trust Fund (Bell's pension plan).
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