Joseph Dean Muncaster

Last updated

Joseph Dean Muncaster, (1933 - March 13, 2012) was a Canadian businessman. He is best known as a President of Canadian Tire.

Contents

Biography

Born in Sudbury, Ontario Muncaster began working at his father's Canadian Tire Associate Store at the age of 12 sweeping floors and stocking shelves. By age 18 he was left in charge for the store for a month while his father was on vacation. [1] Muncaster was president of the student council while attending Sudbury High School in Sudbury, Ontario. He graduated from the University of Western Ontario with a BA with honours in Business Administration and then graduated from the Northwestern University with an MBA. For one of his university courses Muncaster wrote an analysis paper on Canadian Tire that was later sent to AJ Billes (President of Canadian Tire at the time) resulting in his being hired by the corporation immediately after graduation.

In 1960 Muncaster joined the Board of Directors of Canadian Tire. Within a year he left corporate Canadian Tire to return to Sudbury, Ontario to help his father with his Canadian Tire Associate Store. During his tenure back at his father's store Muncaster devised a product numbering system that within a couple of years would be used at all Canadian Tire stores to improve sales analysis and inventory control. After shareholder in-fighting was resolved Muncaster, then aged 33, returned to corporate Canadian Tire as president in 1966.

Muncaster made significant changes to Canadian Tire's management personnel that saw many of his Northwestern University MBA classmates in key positions. His 5-year plan was to move Canadian Tire from a $100-million annual revenue to $1-billion annual revenue. By the end of his 19-year presidency in 1985 revenues had reached $2-billion annually. [2] During the 1970s as a result of his work at Canadian Tire Muncaster sat on numerous boards including CP Hotels, Black & Decker, Sara Lee, Ontario Hydro, and Bell Canada.

He was a member of the Young Presidents' Organization, a global network of chief executives. He a Founding Director of the Robarts Research Institute. Muncaster received an honorary Doctor of Laws from Laurentian University in 1975. [3] After leaving Canadian Tire Muncaster became vice-president of Canadian Corporate Funding(an investment company in Montreal, Quebec). In 1990 with a group of investors Muncaster acquired Bargain Harold's from K-Mart which ended in 1992.

Over his lifetime he had 4 marriages. His first marriage was with Grace Rodwell. His second marriage in 1977 was with Evelyn Bennett. His third marriage was with Brenda Bell. His fourth marriage was with Joan Cameron happened in 1995. Muncaster had three sons: Bob and Bernie with Grace, and David with Brenda. Muncaster died in Puerto Vallarta, Mexico on March 13, 2012, at the 78 years of age. He suffered a pancreatic attack resulting in an aneurysm that caused his hospitalization. A stroke during his hospitalization was fatal.

Further reading

Related Research Articles

<span class="mw-page-title-main">Loblaw Companies</span> Canadian retail company

Loblaw Companies Limited is a Canadian retailer encompassing corporate and franchise supermarkets operating under 22 regional and market-segment banners, as well as pharmacies, banking and apparel. Loblaw operates a private label program that includes grocery and household items, clothing, baby products, pharmaceuticals, cellular phones, general merchandise and financial services. Loblaw is the largest Canadian food retailer, and its brands include President's Choice, No Name and Joe Fresh. It is controlled by George Weston Limited, a holding company controlled by the Weston family; Galen G. Weston, is the chair of the Loblaw board of directors, as well as chair of the board of directors and CEO of Canada-based holding company George Weston.

<span class="mw-page-title-main">Laurentian University</span> Mid-sized bilingual university in Greater Sudbury, Ontario, Canada

Laurentian University, officially Laurentian University of Sudbury, is a mid-sized bilingual public university in Greater Sudbury, Ontario, Canada, incorporated on March 28, 1960. Laurentian offers a variety of undergraduate, graduate-level, and doctorate degrees. Laurentian is the largest bilingual provider of distance education in Canada.

<span class="mw-page-title-main">Vale Canada</span> Wholly owned subsidiary of the Brazilian mining company Vale

Vale Canada Limited is a wholly owned subsidiary of the Brazilian mining company Vale. Vale's nickel mining and metals division is headquartered in Toronto, Ontario, Canada. It produces nickel, copper, cobalt, platinum, rhodium, ruthenium, iridium, gold, and silver. Prior to being purchased by CVRD in 2006, Inco was the world's second largest producer of nickel, and the third largest mining company outside South Africa and Russia of platinum group metals. It was also a charter member of the 30-stock Dow Jones Industrial Average formed on October 1, 1928.

CICI-TV is a television station in Sudbury, Ontario, Canada, part of the CTV Television Network. The station is owned and operated by network parent Bell Media, and has studios on Frood Road in Sudbury; its transmitter is located near Huron Street.

<span class="mw-page-title-main">Liquor Control Board of Ontario</span> Crown corporation and liquor sales monopoly in Ontario, Canada

The Liquor Control Board of Ontario (LCBO) is a Crown corporation that retails and distributes alcoholic beverages throughout the Canadian province of Ontario. It is accountable to the Legislative Assembly through the minister of finance. It was established in 1927 by the government of Premier George Howard Ferguson to sell liquor, wine, and beer. Such sales were banned outright in 1916 as part of prohibition in Canada. The creation of the LCBO marked an easing of the province's temperance regime. By September 2017, the LCBO was operating 651 liquor stores.

<span class="mw-page-title-main">Ivey Business School</span> Business school at the University of Western Ontario

Ivey Business School is a constituent unit of the University of Western Ontario, located in London, Ontario, Canada. Ivey offers full-time undergraduate (HBA), MBA, MSc, MFE and PhD programs and also maintains two teaching facilities in Toronto and Hong Kong for its EMBA and Executive Education programs. It is credited with establishing the nation's first MBA and PhD program in Business.

James K. Gordon is a Canadian politician, who served as mayor of Sudbury, Ontario from 1976 to 1981 and from 1991 to 2003, and as a Member of Provincial Parliament for the provincial electoral district of Sudbury from 1981 to 1987. He briefly served in the Executive Council of Ontario, holding the position of Minister of Government Services in 1985.

Grace Hartman, was a Canadian social activist and politician in Sudbury, Ontario, Canada, who became the city's first female mayor. She became mayor on October 18, 1966 when she was selected by city council following the death of the city's previous mayor, Max Silverman. However, in the municipal elections the following year, Hartman was defeated when the city's popular longtime mayor Joe Fabbro, Silverman's predecessor, stood for election again.

<span class="mw-page-title-main">Schulich School of Business</span> Canadian business school in Toronto

The Schulich School of Business is the business school of York University located in Toronto, Ontario, Canada. The institution provides undergraduate and graduate degree and diploma programs in business administration, finance, accounting, business analytics, public administration and international business as well as a number of PhD and executive programs. Originally known as the Faculty of Administrative Studies (FAS), it was renamed in 1995 after Seymour Schulich, a major benefactor who has donated $15 million to the school. The Dean of the School, Detlev Zwick, was appointed in 2021 after having served as Interim Dean for 15 months.

The Conservative Party of Canada ran a full slate of 308 candidates in the 2006 Canadian federal election. Some of these candidates have separate biography pages; relevant information about other candidates may be found here.

Alfred Jackson Billes, CM was a Canadian businessman and co-founder of Canadian Tire.

Edward "Ed" Liddy is an American businessman who was chairman of the Allstate Corporation from 1999 to 2008.

<span class="mw-page-title-main">Mark Cohon</span> Former Canadian Football League Commissioner

Mark Steven Cohon, is the chairman of the Canadian Academy of Recording Arts and Sciences (CARAS). He was also the 12th commissioner of the Canadian Football League. The son of McDonald's Canada founder George Cohon, he was appointed as commissioner in 2007 succeeding Tom Wright.

The Progressive Conservative Party of Canada fielded a full slate of candidates in the 1984 federal election, and won 211 out of 282 seats to form a majority government. Many of the party's candidates have their own biography pages. Information on others may be found here.

<span class="mw-page-title-main">Prem Watsa</span> Indian-Canadian businessman (born 1950)

Prem Watsa is an Indian-Canadian billionaire businessman who is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto. He has been called the "Canadian Warren Buffett." He was awarded the fourth highest civilian award of India, Padma Shri, in January 2020.

<span class="mw-page-title-main">Steven Reinemund</span> American businessman (born 1948)

Steven S. Reinemund is an American businessman who was chairman and chief executive officer of PepsiCo between 2001 and 2006 and dean of the Schools of Business at Wake Forest University between 2008 and 2014. Reinemund spent 22 years working for PepsiCo in various capacities. During his CEO tenure at PepsiCo, revenues grew by $9 billion, net income rose 70%, earnings per share were up 80% and PepsiCo's market cap exceeded $100 billion. He led the acquisitions of several other food and beverage companies including Quaker Oats, Naked Juice, Izze and Stacy's Chips.

George A. Cope is a Canadian businessman, and the former CEO of Bell Canada.

Gordon Franklin Cheesbrough was a Canadian businessman.

Patrick Bruce Lockhart was a Scottish-born obstetrician-gynaecologist who worked in Scotland, India, England, and Canada.

References

  1. ↑ "Joseph Dean Muncaster Obituary". Globe and Mail. Retrieved August 24, 2019.
  2. ↑ "Firing A Canadian Legend". Maclean's Magazine. Retrieved August 24, 2019.
  3. ↑ "Obituaries" . Retrieved August 24, 2019.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.