Robert Prichard
   HOME

TheInfoList



OR:

John Robert Stobo Prichard, (born 1949) is 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 ...
lawyer A lawyer is a person who practices law. The role of a lawyer varies greatly across different legal jurisdictions. A lawyer can be classified as an advocate, attorney, barrister, canon lawyer, civil law notary, counsel, counselor, solic ...
,
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
, and academic. He is the past president and chief executive officer and former director of
Torstar Corporation Torstar Corporation is a Canadian mass media company which primarily publishes daily and community newspapers. In addition to the ''Toronto Star'', its flagship and namesake, Torstar also publishes daily newspapers in Hamilton, Peterborough, Ni ...
. He is now the chairman of the
Bank of Montreal The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in ...
.


Academia

Born in
London London is the capital and 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 down to the North Sea, and has been a majo ...
,
England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...
, Prichard attended prep school at
Upper Canada College Upper Canada College (UCC) is an elite, all-boys, private school in Toronto, Ontario, operating under the International Baccalaureate program. The college is widely described as the country's most prestigious preparatory school, and has produce ...
before studying
economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
at
Swarthmore College Swarthmore College ( , ) is a Private college, private Liberal arts colleges in the United States, liberal arts college in Swarthmore, Pennsylvania. Founded in 1864, with its first classes held in 1869, Swarthmore is one of the earliest coeduca ...
,
business Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...
at the
University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...
, and
law Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been vario ...
at the
University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
and
Yale Law School Yale Law School (Yale Law or YLS) is the law school of Yale University, a Private university, private research university in New Haven, Connecticut. It was established in 1824 and has been ranked as the best law school in the United States by ''U ...
. Prichard joined the Faculty of Law at the
University of Toronto The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution ...
in 1976. He served as
dean Dean may refer to: People * Dean (given name) * Dean (surname), a surname of Anglo-Saxon English origin * Dean (South Korean singer), a stage name for singer Kwon Hyuk * Dean Delannoit, a Belgian singer most known by the mononym Dean Titles * ...
of the faculty from 1984 to 1990. Prichard was appointed the thirteenth president of the University of Toronto in 1990, a position which he held until 2000. During his ten years as president, the U of T's endowment rose to $1.4 billion, the most of any
Canadian university Universities in Canada are established and operate under provincial and territorial government charters, except in one case directed by First Nations bands and in another by federal legislation. Most public universities in the country are memb ...
.


''Toronto Star''

Upon leaving the University of Toronto, Prichard became the president of the
Star Media Group Daily News Brands, formerly Star Media Group, is a Canadian media organization and a division of Torstar Corporation. Its flagship publication is the ''Toronto Star'' newspaper, which is owned by Toronto Star Newspapers Limited, a subsidiary of ...
and
chief operating officer A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if t ...
of the
Torstar Corporation Torstar Corporation is a Canadian mass media company which primarily publishes daily and community newspapers. In addition to the ''Toronto Star'', its flagship and namesake, Torstar also publishes daily newspapers in Hamilton, Peterborough, Ni ...
in May 2001. In 2004, Prichard pushed out
John Honderich John Allen Honderich, (July 6, 1946 – February 5, 2022) was a Canadian businessman, journalist, and editor who was publisher of the ''Toronto Star'' from 1994 to 2004. He previously served as its editor from 1988, the same year his father, B ...
as publisher of the ''
Toronto Star The ''Toronto Star'' is a Canadian English-language broadsheet daily newspaper. The newspaper is the country's largest daily newspaper by circulation. It is owned by Toronto Star Newspapers Limited, a subsidiary of Torstar Corporation and part ...
'' because he resisted making the deep cost cuts that Prichard demanded. However, in 2006, Honderich, a Torstar director who chairs a voting trust comprising five families that control Torstar, instigated a "coup" among the five families that resulted in the termination of Prichard's chosen publisher
Michael Goldbloom Michael Goldbloom (born 1953) is a Canadian lawyer, publisher, and academic administrator. He is the former publisher of the ''Toronto Star'', Canada's largest newspaper by circulation. Early life and education Born in Montreal, Quebec, as th ...
and editor-in-chief Giles Gherson. Some have suggested that Torstar's financial woes have been caused by Prichard's distraction by his presence on several boards, including Onex and Four Seasons. Prichard has also been a member of Imasco's board of directors since 1993. Imasco owns and controls
Imperial Tobacco Imperial Brands plc (formerly Imperial Tobacco Group plc), is a British multinational tobacco company headquartered in Bristol, England. It is the world's fourth-largest international cigarette company measured by market share after Philip Mor ...
, the largest tobacco manufacturer in Canada. Prichard's involvement with Imasco was the subject of criticism, due to a perceived
conflict of interest A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations i ...
for his role as university head. During Prichard's term as president, the University of Toronto accepted $2 million from Imasco between 1997 and 1999. In 1998, Imasco contributed just over $2.5 million to educational institutions across the country. Similar conflict of interest concerns have been raised about the 2005 deal engineered by Prichard by which Torstar acquired a 20 per cent stake in broadcaster and rival publisher
Bell Globemedia Bell Media Inc. ( French: ) is a Canadian company formed by the amalgamation of several companies. Establishment (2011–13) On December 9, 2011, the Ontario Teachers' Pension Plan announced the sale of its majority stake in Maple Leaf Sports ...
Inc.


Political work

Prichard served on the transition teams of three Ontario premiers of three different parties:
Liberal Liberal or liberalism may refer to: Politics * a supporter of liberalism ** Liberalism by country * an adherent of a Liberal Party * Liberalism (international relations) * Sexually liberal feminism * Social liberalism Arts, entertainment and m ...
David Peterson David Robert Peterson (born December 28, 1943) is a Canadian lawyer and former politician who served as the 20th premier of Ontario from 1985 to 1990. He was the first Liberal officeholder in 42 years, ending the so-called Tory dynasty. Backgro ...
in 1985,
New Democrat New Democrats, also known as centrist Democrats, Clinton Democrats, or moderate Democrats, are a centrist ideological faction within the Democratic Party in the United States. As the Third Way faction of the party, they are seen as cultural ...
Bob Rae Robert Keith Rae (born August 2, 1948) is a Canadian diplomat and former politician who is the current Canadian Ambassador to the United Nations since 2020. He previously served as the 21st premier of Ontario from 1990 to 1995, leader of the ...
in 1990, and Progressive Conservative
Mike Harris Michael Deane Harris (born January 23, 1945) is a Canadian retired politician who served as the 22nd premier of Ontario from 1995 to 2002 and leader of the Progressive Conservative Party of Ontario (PC Party) from 1990 to 2002. During his time ...
in 1995. Prichard was deemed by several political insiders to be a contender in the race to become
Liberal Party The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left. __TOC__ Active liberal parties This is a li ...
Leader, following the resignation of former
Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
Paul Martin Paul Edgar Philippe Martin (born August 28, 1938), also known as Paul Martin Jr., is a Canadian lawyer and politician who served as the 21st prime minister of Canada and the leader of the Liberal Party of Canada from 2003 to 2006. The son o ...
.


Business career

Prichard is past president and chief executive officer and former director of
Torstar Corporation Torstar Corporation is a Canadian mass media company which primarily publishes daily and community newspapers. In addition to the ''Toronto Star'', its flagship and namesake, Torstar also publishes daily newspapers in Hamilton, Peterborough, Ni ...
, and also sits on the boards of
George Weston Limited George Weston Limited, often referred to as Weston or Weston's, is a Canadian food processing and distribution company. Founded by George Weston in 1882, the company today consists of Weston Foods, a wholly owned subsidiary, and Loblaw Compani ...
, Onex Corporation, and is the chairman of the board of the
Bank of Montreal The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in ...
.


Current work

Prichard is the chair of the board of Metrolinx and
Penguin Group Penguin Group is a British trade book publisher and part of Penguin Random House, which is owned by the German media conglomerate Bertelsmann. The new company was created by a merger that was finalised on 1 July 2013, with Bertelsmann initial ...
Canada, as well as the chair of Toronto law firm
Torys LLP Torys LLP is a Canadian international corporate law firm with offices in Toronto, Calgary, New York, Montreal and Halifax. The firm acts for a wide range of commercial clients and financial institutions in Canada, the United States, and glob ...
.


References

*


External links


Order of Canada Citation


{{DEFAULTSORT:Prichard, Robert 1949 births Living people Canadian economists Lawyers in Ontario Canadian legal scholars Canadian university and college faculty deans Directors of Bank of Montreal Directors of George Weston Limited English emigrants to Canada Deans of law schools in Canada Officers of the Order of Canada Members of the Order of Ontario Presidents of the University of Toronto University of Toronto Faculty of Law faculty Yale Law School alumni Swarthmore College alumni Upper Canada College alumni University of Chicago alumni University of Toronto Faculty of Law alumni Canadian chief executives Torstar people Directors of Onex Corporation Chief operating officers