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Gerald W. Schwartz, OC (born 1941) is the founder, chairman and CEO of Onex Corporation. Schwartz has a net worth of US$1.5 billion, according to Forbes.
May 13, 2019 · The man behind the yoke of the transaction for Onex is its 77-year-old founder and chief executive officer, Gerald Schwartz.
Nov 11, 2022 · Gerry Schwartz, a consummate Canadian dealmaker who came up in the go-go 1980s of leveraged buyouts and venture capital fame, announced Friday he would be stepping down as CEO of Onex Corp., the private equity firm he founded nearly 40 years ago.
- Barbara Shecter
- 9 min
- Education and Early Career
- Onex Corporation
- Personal Life
- Philanthropy
- Honours and Awards
Gerry Schwartz was born in Winnipeg, Manitoba, to Andrew Osher Schwartz and Lillian Schwartz (née Arkin). His mother was a lawyer. His father was trained as a pharmacist but worked in the family-run car-parts dealership. Gerry Schwartz started to work in the store when he was 10. At age 17, he and a friend started a clothingstore called The Stag Sh...
Gerry Schwartz left CanWest in 1983 and moved to Toronto, Ontario. With $2 million of his own money and nearly $50 million from investors, he formed his own holding company called Onex Corporation. Onex’s strategy was to turn around undervalued or mismanaged companies. It would buy them, increase their assets or efficiency, and then sell them for p...
In 1982, Gerry Schwartz married Heather Reisman, founder and CEO of Indigo Books and Music. The couple has two children. It is the second marriage for Schwartz, who also has two children from his first marriage. Schwartz has nine grandchildren.
Gerry Schwartz has donated to universities, hospitals, Jewish charitiesand Israeli organizations. In 1992, he and Heather Reisman established the Gerald Schwartz and Heather Reisman Foundation, which supports a number of charitable and arts organizations. The couple established the HESEG Foundation in 2005, which provides scholarships and living ex...
Honorary Degree, St. Francis Xavier University(1998)Member, Canadian Business Hall of Fame (2004)Lifetime Achievement Award, EY Entrepreneur of the Year, Ontario(2005)Officer, Order of Canada(2006)5 days ago · Gerald Schwartz is the founder and chairman of Onex, one of Canada's largest private equity firms, which he ran for 39 years before stepping down in May 2023. He got his start working...
May 11, 2023 · Gerry Schwartz, the only CEO in the history of Onex Corp., will step down as chief executive but retain voting control until 2026. Onex president Bobby Le Blanc was named to the top job at the private equity investment firm.
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Mr. Schwartz, 82, of Toronto, Ontario, is the Founder and Chairman of the Board of Onex. Mr. Schwartz was inducted into the Canadian Business Hall of Fame in 2004 and was appointed as an Officer of the Order of Canada in 2006.
