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Cineplex Galaxy logo used from 2003 to 2005. Galaxy Entertainment Inc. was established in 1999 by Ellis Jacob, a former chief operating officer of Loews Cineplex Entertainment, and Stephen Brown, a former Cineplex chief financial officer.
Founded by Ellis Jacob and Stephen Brown the year before, Galaxy Entertainment Inc. opens its first location in Sault Ste. Marie, Ontario. 2003 Cineplex Galaxy LP (Cineplex Galaxy) was created with the merger of Galaxy Entertainment Inc. and the Canadian assets of Loews Cineplex Entertainment, formerly Cineplex Odeon Corporation.
- 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)Oct 5, 2016 · Ellis Jacob was appointed President and Chief Executive Officer of Canada’s largest motion picture exhibition company—Cineplex Entertainment—in October 2005. His more than 28 years of ...
Jul 20, 2024 · Gerry Schwartz, Ellis Jacob and Stephen Brown: Headquarters: 1303 Yonge Street; Toronto, Ontario; ... Galaxy Entertainment Inc. was established in 1999 by Ellis Jacob
The company was formed in 2003 via the acquisition of Loews Cineplex's Canadian operations (which included the assets of the former Cineplex Odeon chain) by Onex Corporation and Oaktree Capital Management, and its subsequent merger with Onex's Galaxy Entertainment—a chain of cinemas that was established in 1999 by former Cineplex Odeon executives, and operated primarily in smaller markets.
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Jun 25, 2005 · The challenge Expand the Cineplex Galaxy movie theatre chain dramatically through a blockbuster bid to take over key rival Famous Inc. The call Calm nerves at Viacom, Famous Players' parent, by ...
