10 top reads of the year from Report on Business magazine (subscribers) GlobeBusiness robmagca
CEO Michael Katchen co-founded Wealthsimple in 2014 as a so-called robo-adviser. The company uses algorithms to assemble and rebalance low-cost, ETF-based investment portfolios, largely for millennials ignored by the incumbents. Katchen, 31, and his team designed Wealthsimple’s website and app to be quick and painless to use, free of any financial jargon, excessive fees or service glitches that might detract from the experience.Katchen’s ambitions extend far beyond a digital investment service.
Susan Senecal is 18 months into her role as A&W’s CEO, but a company veteran, starting as an area manager in 1992 and doing stints as both chief marketing officer and chief operating officer. Even she doesn’t pretend to have seen this all coming exactly as it played out. The 51-year-old Montreal multimillionaire and pharmaceutical entrepreneur has experienced trauma you can’t immediately recognize when you meet him. First outrunning cancer and later coming back from a monstrous brain injury, he came perilously close to losing everything and everyone. Unfortunately, Goodman’s body reminds him daily of this near-loss by sapping his energy and clouding his short-term memory.
Investors in his current company, Knight Therapeutics Inc., have placed a dizzying amount of faith in him. The reason is obvious: He made a ton of money for them with his first company, Paladin Labs Inc. They want a repeat.Le Grand Fromage: How billionaire Lino Saputo Jr. built a global dairy empire and stood up to Big Milk“I hope they don’t view me as ‘that billionaire from Canada’,” says Canadian billionaire Lino Saputo Jr.
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