dave o'brien net worth

dave o'brien net worth


Such moves have helped CP to dramatically reduce debt, even as it increased spending on profitable operations. An Error 522 means that the request was able to connect to your web server, but that the request didn't finish. After O'Brien was announced as Stinson's successor, and in the midst of speculation about which companies he would unload, he quickly soothed anxious employees in his first public meeting at Calgary's Palliser Hotel by saying: "Welcome to my hotel." David O Brien, the chairman, president and chief executive officer of Canadian Pacific Ltd., is a man who regularly confounds expectations. There, he built the company from about $3 billion in market value to more than $6 billion in less than four years. Contact your hosting provider letting them know your web server is not completing requests.
That is because it reflects such major Canadian sectors as tourism, oil production, coal and transport.

This is the final entry in the Pete Smith Specialty series. After starting professional life as a Montreal trial lawyer, he made a reputation running oil-and-gas companies in Western Canada. David O'Brien, the chairman, president and chief executive officer of Canadian Pacific Ltd., is a man who regularly confounds expectations. "Once he sets goals, no one is more focused."

A public-policy junkie, O'Brien is active with both the Business Council on National Issues and the C.D. "The question is, why should CP exist in its present form? I had to rely on people who really know their stuff for advice - and there was no danger of getting bogged down in small details." But others say that CP's size and range of interests are good measures of the company's success, and provide insurance if one sector falls on bad times. "David's affability conceals his tremendous drive," says Thomas Kierans, chairman and chief executive officer of the C.D.

Says Kierans: "CP is David's vocation: public policy is his avocation." Signing up enhances your TCE experience with the ability to save items to your personal reading list, and access the interactive map. O'Brien describes that quality in self-effacing terms: "The fact I had so little background in some businesses helped when I became CEO. ... A 23 per cent fall in the price of crude oil this year dropped net income for the nine months ending Sept. 30 to $72.4 million - a dramatic decline from $216.9 million for the same period a year earlier Thank you. The Fording coal company is one candidate to be sold, and PanCanadian is also considered a likely choice. "You know what, Dave … Your message has been sent.

View David O'Brien’s profile on LinkedIn, the world's largest professional community. 139 records in 127 cities for David O'Brien in Florida. At age 11, a picture of O'Brien in boxing gear appeared on the front page of

Now, he runs one of Canada's biggest conglomerates, overseeing such sectors as hotels and railroads in which he has no previous experience. At one stage, PanCanadian was producing more than 80 per cent of CP's profit. In the business community, O'Brien is widely admired for his ability to cut through complexity and identify the essence of issues. CP Hotels, the company's upscale flagship chain, has spent millions upgrading its properties, which include the Château Frontenac in Quebec City, the Banff Springs and Palliser hotels in Alberta and the Hotel Vancouver and Château Whistler in British Columbia. In 1977, he moved to Calgary to become legal counsel, and later executive vice-president, of Petro-Canada. The average David O'Brien is around 65 years of age with around 43% falling in to the age group of 61-70. The top city of residence is Houston, followed by Dallas. "The businesses that CP runs bear little or no relation to each other," says Fisher. The fact that CP is flourishing under O'Brien is no surprise to his longtime friend and sometime business associate John Cleghorn, the CEO of the Royal Bank. David has 1 job listed on their profile.

But as O'Brien's friends and competitors have repeatedly learned, with him, it is usually best to expect the unexpected.

As well, says analyst Terry Fisher of Toronto-based HSBC Securities, it suffers from its longstanding image of being "a proxy for investing in Canada." The answer, other than the huge cash flow it generates, is not always clear." Online estimates of Doris Burke’s net worth vary.

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That does not mean he lacks firmness: since becoming president of CP in 1995 and CEO the following year, he has sold long-time operations and expanded others, reshaping the company into a growing international presence with profits to match. It is based in London, run by an Englishman, and its ships are registered in many countries around the world - but Ironically, the under-performer among the five businesses has been PanCanadian Petroleum - the company O'Brien ran for five years. A bilingual native Montrealer who professes great fondness for the city, he unapologetically moved CP's head office from there to Calgary in 1996.

CP Ships is one of the company's fastest-growing subsidiaries, with revenues of $675 million. In the last three years, he has sold more than $4 billion of non-core assets, ranging from Marathon Realty Company Ltd. in 1996 to last year's sale of Laidlaw Inc., a health-care, transport and environmental services company. But the decline was expected because of low energy prices, the falling dollar, and the economic crisis in Asia, which affects the company's shipping and mining concerns. Don Orsillo was later succeeded by Dave O’ Brien when New England Sports Network decided to replace Orsillo in the year 2015. "I guess we were both pretty hard-nosed," Cleghorn laughingly recalls. O'Brien thought Letterman was giving him a vintage car or something along those lines, but he was way off.


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dave o'brien net worth 2020