BCBusiness

November 2016 Here Comes Santa Ono

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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26 BCBUSINESS NOVEMBER 2016 a decade away, she has no formal succession plan but instead calls regu- lar family meetings to discuss the business and other mat ters. THE PATTISON GROUP The succession plans of no other B.C. company are speculated upon as frequently as the Pattison Group's, both because it's so big, with 41,000 employees and 2015 revenues of $9.1 billion, and because founder and sole owner Jimmy Pattison (above) is now 88. Well, that speculation can keep right on growing because Pat- tison still isn't revealing details of a plan that he put in place some four decades ago and updates every year. Son Jimmy Jr. is currently head of one of the group's divisions but isn't regarded as a likely successor. Instead, most point to one-time NDP premier Glen Clark, who's been with Pat tison since 2 0 0 0 and is currently president of the company, and Dave Cobb, who was second in command at Van- couver's Olympics and briefly CEO of BC Hydro before joining Pat tison in 2012. Neither should be measuring Jimmy's corner office, however. Maureen Chant , his secretary of 53 years, says he's as busy and energetic as ever. H.Y. LOUIE Another private com- pany that engenders its share of speculation, H.Y. Louie–which operates retail chains including London Drugs and IGA–is currently headed by a mere septuagenarian, Brandt Louie (below left), who's 73. Son Greg (a trained radi- ologist) oversees the company's health clinic business, Highroads, while Stuart (a lawyer) provides counsel to all of H.Y. Louie's divisional heads. When asked by BCBusiness in 2015 if he saw a time when he would transfer respon- sibility for H.Y. Louie to one or both of his sons, Brandt responded: "I think so… I guess I can never com- pletely withdraw from at least being part of the business, but probably within the next three to five years, they'll be able to take on the role I play now." ODLUM BROWN Debra Hewson (above) has been presi- dent and CEO of the investment manage- ment firm for almost a decade (and COO for seven years before that), but she's only in her 50s and shows no indication of being ready to leave a position in which uvic.ca/PartnerWithUs

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