George A. Cope | |
|---|---|
| Born | 28 July 1961 |
| Education | University of Western Ontario (BBA, 1984) |
George Alexander Cope CM (born 28 July 1961) is a Canadian businessman, and the former CEO of Bell Canada.
Cope was born in Scarborough, Ontario and grew up in Port Perry. [1] Cope's father played for a short time for the Toronto Argonauts, after which he ran gas stations and rustproofing shops. Cope's mother ran a store that sold fabrics. [1] Cope attended Port Perry High School [1] and played on the high school's basketball team and was also student council president. He earned a Bachelor of Business Administration degree with honours in 1984 from the Ivey Business School at Western University. [2]
Cope was named CEO of Bell[ citation needed ] at the age of 53 as part of a proposed thirty five billion dollar leveraged buyout led by Providence Equity and the Ontario Teachers' Pension Fund in 2008. [3] Due to the credit crunch and the 2008 financial crisis, the buyout was cancelled. He led a competitor, Telus Mobility, before becoming President at Bell in 2005. He previously ran Clearnet, a wireless company that was bought by Telus in 2000. [3]
In 2010, Cope led the launch of the Bell Let's Talk Initiative, [4] a major corporate campaign to improve mental health in Canada, for which he received The Queen's Diamond Jubilee Medal.[ citation needed ]
In June 2019, BCE announced Cope will retire in January 2020, at which point COO Mirko Bibic will become CEO. [5] Over the past 10 years, under Cope's leadership, company profits tripled to $3.05 billion. [6]
Cope sits on the board of Maple Leaf Sports & Entertainment (MLSE) and was instrumental in the firing of Toronto Maple Leafs general manager Brian Burke after BCE acquired MLSE. [7] As of 2015, Cope is also a member of the Richard Ivey School of Business Advisory Board at Western University and a member of the Business Council of Canada. [2]
In 2014, George Cope was appointed a Member of the Order of Canada for his leadership in corporate social responsibility, particularly in the area of mental health, and for his contributions to the telecommunications industry [8] . He was named Canada’s Outstanding CEO of the Year in 2015 [9] and was inducted into the Canadian Business Hall of Fame in 2018 [10] . He received the Queen’s Diamond Jubilee Medal in 2012. [11]