David Michael Culver, (December 5, 1924 – February 6, 2017) was a
Canadian
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...
businessman and former
Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...
and
CEO
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of
Alcan Aluminum Limited, from 1979 to 1989.
Early life
Born in
Winnipeg
Winnipeg () is the capital and largest city of the province of Manitoba in Canada. It is centred on the confluence of the Red and Assiniboine rivers, near the longitudinal centre of North America. , Winnipeg had a city population of 749,6 ...
,
Manitoba
Manitoba ( ) is a Provinces and territories of Canada, province of Canada at the Centre of Canada, longitudinal centre of the country. It is Canada's Population of Canada by province and territory, fifth-most populous province, with a population o ...
, Culver attended
Selwyn House School
Selwyn House School (SHS) is an English-language independent K-11 boys' school located in Westmount, Quebec. The school was founded in 1908 by Englishman Captain Algernon Lucas and was named in honour of Selwyn College at the University of Cam ...
, and
Trinity College School
Trinity College School (TCS) is a co-educational, independent boarding and day school located in Port Hope, Ontario, Canada. TCS was founded on May 1, 1865, more than two years before Canadian Confederation. It includes a Senior School ...
. He received a
Bachelor of Science
A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years.
The first university to admit a student to the degree of Bachelor of Science was the University of ...
from
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 Universit ...
in 1947, an MBA from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
, and a Certificate from the Centre d'Études Industrielles in Geneva.
He was a first cousin once removed of
Conrad Black
Conrad Moffat Black, Baron Black of Crossharbour (born 25 August 1944), is a Canadian-born British former newspaper publisher, businessman, and writer.
His father was businessman George Montegu Black II, who had significant holdings in Canadi ...
; his father’s sister was the maternal grandmother of Black.
Career
Culver began working at Alcan in 1949, eventually rising to CEO in 1979. From 1986 to 1989 he was Chairman of the Canadian Council of Chief Executives.
In 1989, he became a founding partner of CAI Private Equity, a firm specializing in
leveraged buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loan ...
s, restructurings, acquisitions, and recapitalizations. He was a co-founder and Canadian Chairman for 11 years of the Canada-Japan Business Committee. He was the chairman of iLiv Technologies Inc. (iLiv.com). He was a member of the
Augusta National Golf Club
Augusta National Golf Club, sometimes referred to as Augusta or the National, is a golf club in Augusta, Georgia, United States. Unlike most private clubs which operate as non-profits, Augusta National is a for-profit corporation, and it does no ...
.
Culver was the author, with Alan Freeman, of "Expect Miracles: Recollections of a Lucky Life" (McGIll-Queen's University Press 2014).
In 1983 he was made 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 ...
and was promoted to Companion in 1988. In 1990 he was made an Officer of the
National Order of Quebec
The National Order of Quebec, termed officially in French as ''l'Ordre national du Québec'', and in English abbreviation as the Order of Quebec, is an order of merit in the Canadian province of Quebec. Instituted in 1984 when Lieutenant Gove ...
. He also joined the
Order of the Sacred Treasure
The is a Japanese order, established on 4 January 1888 by Emperor Meiji as the Order of Meiji. Originally awarded in eight classes (from 8th to 1st, in ascending order of importance), since 2003 it has been awarded in six classes, the lowest ...
, Grand Cordon, of Japan.
L'Harmattan web site (in French)
/ref> Additionally, in 1990 he was awarded Concordia University
Concordia University ( French: ''Université Concordia'') is a public research university located in Montreal, Quebec, Canada. Founded in 1974 following the merger of Loyola College and Sir George Williams University, Concordia is one of the t ...
's John Molson School of Business Award of Distinction.
Death
Culver died on February 6, 2017, aged 92.
References
*
*
1924 births
2017 deaths
Businesspeople from Winnipeg
Canadian chief executives
Canadian investors
Companions of the Order of Canada
Harvard Business School alumni
Officers of the National Order of Quebec
Private equity and venture capital investors
Black family (Canada)
{{private-equity-bio-stub