Kingsdale designed a punchy brochure for Ackman, with a slick cover photo of a train travelling through the Rockies, titled "CP Rising." I keep looking back at the tin shack that, in fact, tells me that I have zero to lose, he said. Their overhead costs consist of rent and a Bloomberg terminal in total, about $70,000 a year. In 1985, at age 16, Hall moved to Toronto to live with his father, a factory worker. Regardless of what the regulators decide, as long as at least some Canadian corporate giants continue to underperform, business will still be good, no matter which side Hall is on. We got Leitch's largest shareholder to switch support to the company, thanks to a meeting I arranged after the shareholder initially refused to meet with Leitch. He made a big deal when he joined in 2020, but hes already gone. In an SEC filing in mid-October, Pershing Square said it held 12.2 per cent of CP's shares, and that it planned to talk with executives about "the business, management, operations, assets, capitalization, financial condition, governance, strategy and future plans of the issuer.". The activist wanted to replace several company directors; the new board would then certainly fire its top managers. But the contrast between CP and CN, and between Green and the direct, folksy Harrison who had many fans among Canadian and U.S. money managers was just too glaring. FTC: Black Entrepreneur & Executive Profiles is reader supported, we may earn income on affiliate links. Field . He also consulted Wes Hall on the recommendation of his respected and tough-minded Canadian securities lawyer, Patricia Olasker of Davies Ward Phillips & Vineberg, who had acted for Ackman in disputes with Canadian Tire in 2006 and Sears Canada in 2010. Wes Hall Multidisciplinary team offers an array of specialized services focused on strategic and defensive advisory, governance advisory, governance advisory and proxy analytics, strategic communications and voting analytics. Undisclosed. On Monday, Jana issued a release complaining that Agrium had contacted shareholders after the deadline, urging them to change their votewhich the company was legally entitled to do. Just know he is living well. . He went to school barefoot and got made fun of for being the poor kid even in a place where everyone was poor. Kingsdale Shareholder Services Inc., was started in 2003 and Kingsdale Communications Inc., started in 2009 to provide clients with a best-in-class mechanism for communicating with shareholders and managing IR communications. Influenced by the Black Lives Matter (BLM) movement and a series of social injusticesspecifically the death of George Floyd in police custodyHall had an idea to use his privilege, power, and position to make a social impact. Hall's decision to also have Harrison accompany Ackman to meetings was deft in several ways. wes hall net worth 2020 June 5, 2022 5:15 pm nahl combine 2022 dates nahl combine 2022 dates Watching his grandmother do the best she could was a model for establishing his resolve. Canada's leading newspaper, The Globe and Mail, has called him one of the nation's "most influential powerbrokers," Canadian Business magazine named . According to Wikipedia, Forbes, IMDb & Various Online resources, famous Cricket Player Wes Hall's net worth is $1-5 Million at the age of 81 years old. Influenced by the Black Lives Matter (BLM) movement and a series of social injustices-specifically the death of George Floyd in police custody-Hall had an idea to use his privilege, power, and position to make a social impact. Net Worth: ( 01/03/2023 ): ~ USD $0.38 Billion. (Reuters) - Wes Hall, a prominent Canadian businessman and chairman of proxy advisory firm Kingsdale Advisors, on Wednesday launched a group to fight racism and improve the representation of. "My client decided not to do so. The BlackNorth Initiative is committed to increasing the representation of Blacks in the boardrooms and executive suites across Canada. Is he going to flit from one hot issue to the next just to be cool and relevant? But for advising corporate giants, he'll often charge $40,000 a day. This was the spot of the Underground Railroad Restaurant, one of Toronto's first Black-owned and operated soul food establishments from 1969 to 1990. ", WINPershing Square vs. CP (May, 2012) Acting for Pershing Square"The largest fight in Canadian history and the largest margin of victorythough, initially, people thought we would not be able to unseat a board of that calibre. Unlike the superstar Jamaican sprinter, whose personal website bills him as "the most naturally gifted athlete the world has ever seen," Hall has lost recently in a battle almost as defining as the CP uprising. He helps to raise $500,000 a year to help Caribbean kids attend the University of West Indies. TORONTO, Ontario (Wednesday, April 28, 2021) A new "Dragon" Wes Hall, Executive Chair and Founder of Kingsdale Advisors will enter the "Den" for Season 16 of the Canadian Broadcasting Corporation-produced Dragons' Den, the media behemoth announced, last week Thursday. Skip to main content Management Information Circular 2022 - French About Us Who We Are "These guys have done hundreds of shareholder meetings, and if they have the feeling that the meeting is a waste of time, they have signals between them to end the meeting faster, like closing a pitch book or knocking on the table.". After repeated attempts to confront the board through letters, calls and even an in-person visit to company executives, Vanasek and Noone figured they had no choice but to fight: The fact that VN, one of Ceres's largest shareholders, was being completely ignoredwhen all they were asking were perfectly legitimate shareholder questionsflew in the face of good corporate governance for a public company. Wes Hall is an established innovator, entrepreneur, and philanthropist. TORONTO-- ( BUSINESS WIRE )-- Kingsdale Advisors, North America's most trusted strategic shareholder advisory firm, today released its 2020 . Even in the United States, they often complain that they do the real dirty work for pension funds, mutual funds and other institutional investors that won't criticize companies publicly. Now Hall and a handful of other top Canadian specialists are like the superstar managers who hatch U.S. presidential campaigns. I wouldn't trade these guys for the world because they are my O'Farrell hired him as a law clerk and assistant corporate secretary. In 2020, Wes wrote an oped in the Globe decrying anti-Black racism, which eventually led him to found the BlackNorth Initiative. For further information and press materials, please contact: All content including images on this site are intended for Media use only. Tracie Tighe is executive producer and Molly Middleton and Amy Bourne are senior producers. 2023 BlackEntrepreneurProfile.com. He professionalized a business that in Canada had been mostly about phoning up retail investors to get them to vote on a corporate resolution into a broader strategic advisory practice. Stylish and supremely confident, the 47-year-old Ackman is CEO of Pershing Square Capital Management, an $11-billion (U.S.) New York-based hedge fund that has taken aim at more than two dozen high-profile targets since Ackman founded it in 2004. Hall Born: May 08, 1969, Golden Grove, Saint Thomas, Jamaica Position: Executive Chairman and Founder Works for: Kingsdale Advisors Primary Industry: Financial Services Nationality: Jamaican, Canadian Residence: Toronto, Ontario Net Worth: ( 01/03/2023 ): ~ USD $0.38 Billion. CP's operating ratioan industry benchmark that measures the percentage of a railroad's revenues that go toward operating expenses was more than 80 per cent, the highest among the six biggest North American rail carriers, compared with about 63 per cent for CN. Hes on the Ontario governments Capital Markets Modernization Taskforce and Toronto International Film Festival board, and he's just been named to the advisory board of Maverix Private Equity. The most important thing is to ensure that investors have received the documents and forms they are legally required to have before they can vote. Hall also says that roughly a dozen companies have paid him to simply sit on the sidelines during disputes. This button displays the currently selected search type. "I don't think our business is going to be regulated," he says. Cleghorn argued that Green was working on a multiyear turnaround strategy, and that Ackman really had no plan. Your billing info has been updated. ", WINStephen Joffe vs. TLC Vision (June, 2008) Acting for TLC"We prepared a very strong campaign and, when the other side saw it, they withdrew and ended the fight. Wes Hall is Executive Chairman and Founder, and Ian Robertson is Executive Vice President of Communication Strategy at Kingsdale Advisors. Nobody ever says, 'We don't want to see you or hear about what you are planning to do with the company,'" says Hall. Wes is a widely recognized entrepreneur, philanthropist and powerbroker. He says that we can't just give lip service anymore. So, when that step happened, and there was success from actually getting here to Toronto, and then getting my first job, and then going to school, and doing all those different things that Ive done, its like all these little incremental successes, and Im like wow, that isnt bad, so I kept going! Wes Hall is a Canadian businessman, serial entrepreneur, and an avid advocate for social justice in the BIPOC community. Disclamer: Wes Hall (businessman) net worth displayed here are calculated based on a combination social factors. He knew hed be scrutinized, but he found taping the first season an amazing experience. He also later established QM Environmental, an environmental remediation firm.In 2020 he launched the BlackNorth Initiative, an organization which works to combat racism in business.He joined Dragons' Den in 2021 for the show's 16th season. biogen senior engineer ii salary. Hall, 44, the polished but blunt CEO of Toronto-based Kingsdale Shareholder Services Inc., had estimated the shareholder votes for and against management's current slate of directors.. But Ackman says that CP didn't follow through with other changes it had promised. I kept taking on bigger challenges, and those challenges started working out and that just kept pushing me to do more. But the lawyer acknowledges that Hall and his team are the "safe option," because Kingsdale is the biggest and best-known proxy advisory specialist. At too many companies, solidly entrenched boards and CEOs still use what Ackman calls "Stalinesque voting rules" to run unopposed at annual shareholders' meetings. At sixteen, Wes came to Canada, sponsored by a father he'd only seen a few times as a child, and by the time he was eighteen, he was out of his father's house, once more on his own. Thats how Ive lived my life even before he said those words, said Hall. Wes Hall, founder and executive chairman of Kingsdale Advisors and founder of BlackNorth Initiative at his home in Toronto. The Power List: Canada's 50 Most Power Business People, Dragon on @cbcdragon, Founder/Chairman @Kdaleadvisors, @blacknorthca, Host "Between Us with Wes Hall. Having recently sold his latest venture FreshGrade to the California company behind the worlds largest network of Montessori schools, Merrifield has decided to take a sabbatical and enjoy some time and travel adventures with his family. 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