Richard Fortin (businessman)

Last updated

Richard Fortin
Born1949/1950(age 72–73) [1]
NationalityCanadian
Education Université Laval
OccupationBusinessman
Known forCo-founder, Couche-Tard
ChildrenÉric Fortin

Richard Fortin (born 1949/1950) is a Canadian billionaire businessman, and a director, co-founder and former chief financial officer and chairman of the convenience store chain Couche-Tard. [2]

Contents

Early life

Fortin earned a bachelor's degree in management with a major in finance from Université Laval in Quebec City. [1]

Career

Fortin worked in finance for 13 years, and was a vice-president of the Canadian subsidiary of Société Générale. [2] In 1984, he was a co-founder of Couche-Tard. [2] From 1984 to 2008 he was chief financial officer, and chairman from 2008 to 2011. [3]

Fortin is a director of Transcontinental. [3] From 2013 to 2018, he was a director of the National Bank of Canada. [4]

In March 2019, Couche-Tard's rising share price meant that Fortin became a billionaire. [2]

Related Research Articles

Columbia Business School Business school

Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest business schools in the world. Although it originally offered undergraduate degrees, it stopped doing so in the middle of the twentieth century and now only offers graduate degrees and professional programs.

Alimentation Couche-Tard Canadian multinational convenience store operator

Alimentation Couche-Tard Inc., or simply Couche-Tard, is a Canadian multinational operator of convenience stores. The company has 15,000 stores across Canada, the United States, Mexico, Ireland, Norway, Sweden, Denmark, Estonia, Latvia, Lithuania, Poland, Russia, Japan, China, and Indonesia. The company operates its corporate stores mainly under the Couche-Tard, Circle K and On the Run brands, but also under the affiliated brands 7-jours, Dairy Mart, Daisy Mart and Winks.

Bank of Montreal Investment banking company

The Bank of Montreal is a Canadian multinational investment bank and financial services company.

Circle K International chain of convenience stores

Circle K Stores, Inc. is an international chain of convenience stores, owned by the Canadian multinational company Couche-Tard and headquartered in the United States. Founded in 1951 in El Paso, Texas, the company filed for bankruptcy protection in 1990 and went through several owners, before being acquired by Alimentation Couche-Tard in 2003. As of February 2020, Circle K has 9,799 stores in North America, 2,697 stores in Europe, and an additional 2,380 stores operating under franchise agreements worldwide.

Josef Ackermann

Josef Meinrad Ackermann is a Swiss banker, former Chairman of the Bank of Cyprus, and former chief executive officer of Deutsche Bank. He has also been a member of the influential Washington-based financial advisory body, the Group of Thirty.

Paul Desmarais Jr. is a Canadian businessman and philanthropist. He has been the chairman and co-CEO of Power Corporation of Canada since 1996.

Alain Bouchard Canadian billionaire businessman

Alain Bouchard is a Canadian billionaire businessman. He is co-founder and chairman of Alimentation Couche-Tard, and also serves on the board of directors of Atrium Innovations. Both corporations are based in Quebec.

The Desautels Faculty of Management is a faculty of McGill University. The faculty offers a range of undergraduate and graduate-level business programs including the Bachelor of Commerce, Master of Business Administration, and Doctor of Philosophy in management degrees. The Faculty of Management also offers a joint MBA/Law program with the Faculty of Law.

Rocco B. Commisso Italian-American businessman

Rocco Benito Commisso is an American billionaire businessman, and the founder, chairman and chief executive officer (CEO) of Mediacom, the fifth largest cable television company in the US. As of 2011, the company is privately owned by Commisso. He previously worked for companies including Cablevision, the Royal Bank of Canada, and Chase Manhattan Bank. Since 2017, Commisso has been the owner and chairman of the New York Cosmos, and since June 2019, the owner of the Italian football club ACF Fiorentina.

Prem Watsa

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.

Stephen Hester British banker

Stephen A. M. Hester is an international businessman and former banker. He is Chairman of easyJet and former chief executive officer (CEO) of RSA Insurance Group, of RBS Group. ,and of British Land.

William E. "Bill" Conway Jr. is an American billionaire businessman, investor and philanthropist. Conway serves as Co-Executive Chairman of the Board, Founder of the Carlyle Group. He also serves as Chairman of the Board of Trustees of Johns Hopkins Medicine and is a member of the Board of Trustees of the Catholic University of America. According to Forbes, Conway had a net worth of US$3.6 billion as of April 2022.

Sándor Csányi is a Hungarian billionaire businessman and banker. He is the chairman and chief executive officer (CEO) of OTP Bank Group, one of the largest financial groups in the CEE Region and the largest bank of Hungary. He is a shareholder and board member of the Hungarian-based multinational oil and gas company, MOL Group. He owns Bonafarm, the holding company of a Hungarian agricultural and food manufacture group. With an estimated wealth of 393,4 billion forint as of 2021, he is according to Forbes, the 2nd wealthiest person in Hungary, and the country's first billionaire.

Rothschild & Co Anglo-French investment bank

Rothschild & Co is a multinational investment bank and financial services company, and the flagship of the Rothschild banking group controlled by the French and British branches of the Rothschild family.

Jacques D'Amours is a Canadian billionaire businessman, and a director and co-founder of the convenience store chain Couche-Tard.

Monique F. Leroux CM OQ is a Canadian businesswoman. From 2008 to 2016, she was chair of the Board and chief executive officer of Desjardins Group.

References

  1. 1 2 "Executive Profile: Richard Fortin". Bloomberg LP. Retrieved 23 April 2019.
  2. 1 2 3 4 Coudriet, Carter. "A Convenient Fortune: Soaring Stock Of Circle K's Parent Company Creates New Billionaire". Forbes. Retrieved 23 April 2019.
  3. 1 2 "Boards of Directors". Drupal. Retrieved 23 April 2019.
  4. Canada, National Bank of. "Richard Fortin to leave National Bank's Board of Directors". www.newswire.ca. Retrieved 23 April 2019.