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Chairman and Founder. 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. He is a director of Indigo Books & Music Inc. and an honorary director of The Bank of Nova Scotia.
May 11, 2023 · Gerry Schwartz is the only CEO in the history of Onex Corp. (Nathan Denette/Canadian Press) Shareholders of Onex Corp. have approved a change to its multiple-voting shares that will allow Gerry ...
Nov 11, 2022 · Onex Corp. founder Gerry Schwartz announced Friday he will step down as chief executive next year, handing the reins to president Bobby Le Blanc after the 2023 annual meeting. The Toronto-based private equity investment firm said Schwartz, 80, will remain closely involved as founder and chairman. Le Blanc has been with the company for 23 years ...
- 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)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. WestJet agrees to be sold to investor Onex Corp. in deal valued at $5B ...
Apr 5, 2023 · Published Apr 05, 2023 • Last updated Apr 06, 2023 • 6 minute read. (Bloomberg) — Private equity trailblazer Gerry Schwartz brought leveraged buyouts to Canada and delivered outsize gains for much of his nearly four decades at the helm of Onex Corp. Now, at age 81, his reluctance to relinquish control of the firm he founded has fueled a ...
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Nov 11, 2022 · Onex said Bobby Le Blanc will become its chief executive officer next year, replacing Gerry Schwartz, who has been in charge of the private equity firm since he founded it. Mr. Le Blanc will take ...
