Arthur Sackville Labatt, (born May 11, 1934) is a Canadian businessman and the great-grandson of John K. Labatt, founder of the

Labatt Labatt Brewing Company Limited (french: La Brasserie Labatt Limitée) is a Belgian-owned brewery headquartered in Toronto, Ontario, Canada. Founded in 1847, Labatt is the largest brewer in Canada. In 1995, it was purchased by Belgian brewer In ...

brewery. From 2004 to 2008, he was the chancellor of the

University of Western Ontario The University of Western Ontario (UWO), also known as Western University or Western, is a public research university in London, Ontario, Canada. The main campus is located on of land, surrounded by residential neighbourhoods and the Thames R ...

(UWO) in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...

, Canada.

Life and career

Born in London, Ontario, to

John Sackville Labatt John Sackville Labatt (March 10, 1880 – July 8, 1952) was a Canadian businessman who was the president of the Labatt Brewing Company and a prominent kidnapping victim. Early life He was one of nine children of John Labatt, and he was educate ...

and Elizabeth Anne Lynch, Labatt studied business at UWO for one year in 1953, and he also briefly studied at

McGill University McGill University (french: link=no, Université McGill) is an English-language public research university located in Montreal, Quebec, Canada. Founded in 1821 by royal charter granted by King George IV,Frost, Stanley Brice. ''McGill Univer ...

, where he joined the

Kappa Alpha Society The Kappa Alpha Society (), founded in 1825, was the progenitor of the modern fraternity system in North America. It is considered to be the oldest national, secret, Greek-letter social fraternity and was the first of the fraternities which would ...

. However, he never graduated from either university. He was expected to take over the Labatt brewery, but by the time he was an adult, the business had been sold outside of the family. Instead, he became an accountant with

Clarkson Gordon Clarkson Gordon (also known as Clarkson Gordon & Co) was a national Canadian accounting and receivership business founded in Toronto, Upper Canada in 1864 by Thomas Clarkson (Upper Canada), Thomas Clarkson and operated for 125 years until the par ...

and later worked in the

securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...

industry and

investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is ...

management. He founded Trimark Investment Management, a

mutual fund A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICA ...

company, in 1981. Labatt became an Officer of the

Order of Canada The Order of Canada (french: Ordre du Canada; abbreviated as OC) is a Canadian state order and the second-highest honour for merit in the system of orders, decorations, and medals of Canada, after the Order of Merit. To coincide with the cen ...

in 1996. He succeeded

Eleanor Clitheroe Eleanor Ruth Clitheroe (born January 29, 1954) is a Canadian cleric and former businesswoman. She was president and CEO of Hydro One, a successor company to Ontario Hydro owned by the Province of Ontario. Life and career Born in Montreal, Qu ...

as chancellor of UWO on October 28, 2004, and he served until 2008.''Western Names New Chancellor''
University of Western Ontario. On February 7, 2007, the Labatt family donated $30 million to Toronto's Hospital for Sick Children—the largest donation in the hospital's history—in order to establish the Labatt Family Heart Centre (which will provide care for children with congenital heart disease), and to support the Brain Tumour Research Centre, which the Labatt family helped establish with a previous donation.

References

{{DEFAULTSORT:Labatt, Arthur 1934 births Living people Businesspeople from London, Ontario Chancellors of the University of Western Ontario Officers of the Order of Canada University of Western Ontario alumni Canadian people of Anglo-Irish descent