Paul Desmarais III

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Paul Desmarais III
Born1981/1982 (age 38–39)
NationalityCanadian
Alma mater
OccupationBusinessperson
Employer
Spouse(s)
Mary Dailey Pattee
(m. 2008)
[1]
Parent(s)
Relatives

Paul Desmarais III (born 1981/1982)[1] is a Canadian businessperson. He is the son of Paul Desmarais Jr. and the grandson of Paul Desmarais.

Career[edit]

After working at Goldman Sachs, Imerys and Great-West Lifeco, Paul Desmarais III became Vice-President of Power Corporation of Canada and Power Financial Corporation in 2014.[2][3] In January 2017, he was named Senior Vice President of both companies.[4]

He is Chairman and CEO of Sagard Holdings, the Executive Chairman and co-founder of Portag3 Ventures, and the Chairman and co-founder of Diagram.[5][6]

Desmarais is involved in financial technology,[7][8][9][10] especially with Portag3,[11] an investment fund.[12]

Desmarais attended Lakefield College School[13] and earned a Bachelor of Science degree in economics from Harvard College and a Master of Business Administration degree from INSEAD.[14]

Board memberships[edit]

He is a director of:

Honours[edit]

In 2019, he was the recipient of the Arnold Edinborough Award (Business / Arts Awards)[20] recognizing his impact on the arts in Canada.

In 2000, he was awarded the Duke of Edinburgh's Award (Gold Level).[21]

He was recognized and honored as a talented and experienced MBA holder at the 2019 MBA Gala.[22]

References[edit]

  1. ^ a b "Mary Dailey Pattee, Paul Desmarais". The New York Times. 22 June 2008. p. ST14. Retrieved 23 June 2018.
  2. ^ Canada's Next Leaders: Paul Desmarais III on carving his own career path, retrieved 19 January 2018
  3. ^ "Desmarais scion to oversee family-backed Canadian fintech venture capital fund". Financial Post. 24 January 2017. Retrieved 19 January 2018.
  4. ^ "Paul Desmarais III - Canadian Corporate Innovation Summit | BDC.ca". www.bdc.ca. Archived from the original on 19 January 2018. Retrieved 19 January 2018.
  5. ^ "Paul Desmarais III, Executive Profile". Bloomberg. Retrieved 18 January 2018.
  6. ^ a b c d e "Power Corporation of Canada | Senior Management". www.powercorporation.com. Retrieved 18 February 2020.
  7. ^ "'Canada is one of the only places in the world where the American dream is still alive' — Paul Desmarais III on fintechs and the economy". financialpost. Retrieved 16 November 2020.
  8. ^ Paul Desmarais III betting big on fintech, expecting more partnerships in the space, 18 June 2019, retrieved 16 November 2020
  9. ^ Power Financial putting more money into fintech startup Wealthsimple, 2 March 2018, retrieved 16 November 2020
  10. ^ "Paul Desmarais III - Portag3 - 2018 Canada FinTech Forum - Part 1/2 - YouTube". www.youtube.com. Retrieved 16 November 2020.
  11. ^ "Desmarais Empire Seeks Fintech Transformation From Outside In". Bloomberg. 7 June 2017.
  12. ^ "Portag3 Ventures closes new FinTech fund". www.newswire.ca. Retrieved 18 January 2018.
  13. ^ Spring 2004
  14. ^ "Paul Desmarais III - Profile". INSEAD. 5 December 2016. Retrieved 18 January 2018.
  15. ^ "Robo-adviser Wealthsimple gets $50-million boost from Power Financial". Retrieved 19 January 2018.
  16. ^ "Koho raises $8 million from Portag3 as Paul Desmarais III and Mike Katchen join board". BetaKit. Retrieved 19 January 2018.
  17. ^ "Our Board". integramed.com. Retrieved 19 January 2018.
  18. ^ Editorial, Reuters. "${Instrument_CompanyName} ${Instrument_Ric} People | Reuters.com". U.S. Retrieved 19 January 2018.
  19. ^ "Paul Desmarais, III". www.wealthprofessional.ca. Retrieved 19 January 2018.
  20. ^ "2019 Recipients". Business / Arts. Retrieved 18 February 2020.
  21. ^ "Paul Desmarais III, MBA'10J". INSEAD. 5 December 2016. Retrieved 18 February 2020.
  22. ^ Québec, Association des MBA du. "The 2019 MBA Gala". Association des MBA du Québec-1. Retrieved 16 November 2020.