BCBusiness

October 2018 - The Wheel Deal

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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What's one thing that people would be surprised to learn about you? I enjoy writing country music songs Next year Ballard power Systems turns 40, and in the words of its chief execu- tive, "this is probably ballard 4.0 or 5.0, from the different business models we've had." Founded to develop lithium batteries, the burnaby-based company pivoted in the 1990s, focusing on hydrogen fuel cell technology. back then, many observers thought fuel cell passenger cars were the way of the future. "i have a hydrogen fuel cell car here in Vancouver; it's one of about 10," says toronto- raised Randy macEwen, who managed other cleantech companies in the u.s. and Canada before becoming president and CEO. "but that's not the key market. the key market is heavy-duty motive–so, buses, commercial trucks, trains and marine-based vehicles." macEwen, who holds a law degree from Western university, leads some 450 employees at ballard. since his first full year at the helm in 2015, the company has grown from $56 million in annual revenue to more than $121 million. "people are seeing the value proposition for fuel cell electric vehicles for heavy motive," macEwen says. –N.C. R U N N E R U P Randy MacEwen p R E S I D E N T a N D C E O , B a L L a R D p O W E R S y S T E m S R U N N E R U P Jamil Murji p R E S I D E N T a N D C E O , I N T E R - u R B a N D E L I v E R y S E R v I C E + a R G u S C a R R I E R S Five years ago, Jamil murji decided to buy a company. the stock analyst, who had done his undergrad in computer science at sFu and an mba at Western university's Richard ivey school of business, had always wanted to run his own business. so when the Vancouver native noticed that abbotsford- headquartered transportation and logistics firm inter-urban Delivery service was up for sale, he examined the books, liked what he saw and put every penny he had into it. Running a company in an industry he knew nothing about was tough, but dealing with the staff he inherited proved tougher. "it was a small office of four or five people, and not even 90 days after [purchas- ing it], the operations manager and office manager were kicked out because i caught them stealing our customer list and starting their own company," murji says. "it took me a good 18 months to figure out how this business runs, to beg for forgiveness from our customers." since then, inter-urban has doubled its employees, and in 2016, murji bought burnaby-based freight carrier argus. he oversees about 185 staff overall. –N.C. e n T r e P r e n e u r o F T H e Y e A r 2 0 1 8 / T U R N A R O U N D OCtObER 2018 BCBusiness 37

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